ELIZABETH, N.J., May 15, 2013 /PRNewswire/ -- Refundo, a national provider of financial services to the underserved, launched its widely-anticipated mobile banking app today at FinovateSpring 2013, which is now available for free download on the App Store. FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology, and is held today at the Design Concourse Exhibition Center in San Francisco.
"In many cases, the path to financial well-being starts with a bank account," said Refundo's CEO, Roger Chinchilla. "With the Refundo mobile app, we've finally developed a way to allow anyone to open an FDIC-insured bank account with just their smartphone. Today marks a win for millions of underserved families across the country."
The Refundo mobile app offers:
- Access to over 20,000+ surcharge-free MoneyPass® ATMs and 40,000+ Western Union cash deposit locations nationwide
- Free and instant transfers to friends and family in the Refundo network with just the click of a button
- Alerts that keep users informed of account activity via e-mail, SMS, or push notifications
"Our focus has always been, and continues to be, serving the financially underserved through technology," said Mr. Chinchilla. "We consider ourselves lucky to have helped tens of thousands with our tax refund platform, but there's still a lot of work left to do. We couldn't be more excited to enable tens of thousands more open their first bank account."
Refundo's mission is to provide high-quality, affordable financial services to underbanked and unbanked communities worldwide. The company's latest innovation is a widely-anticipated mobile banking app that allows anyone to open an FDIC-insured bank account from their smartphone, access thousands of ATMs and cash deposit locations nationwide, and equips bank customers with a personalized Refundo debit MasterCard. Follow Refundo on Twitter and connect on Google+ and Facebook. To learn more or to sign up for Refundo's mobile app, please download our free app on the App Store or visit us at www.refundo.com.
FinovateSpring is a demo-based conference for innovative startups and established companies in the fields of banking and financial technology. Held in San Francisco, the event offers an insight-packed glimpse of the future of money via a fast-paced, intimate and unique format. FinovateSpring is organized by The Finovate Group. For more information on the event or to view videos of previous demos, please visit www.finovate.com/spring2013.
Contact: Daphne Veras, [email protected], 1-908-445-5544 x3102