Presenter Profile
How they describe themselves: BancBox is an infrastructure platform that helps companies build payment services into their web and mobile applications. Based on a simple API-driven approach that allows customers to maintain control of their user experience, BancBox delivers a secure, compliant and integrated way for clients to Collect, Store and Send money from within their applications. BancBox also offers a unique service that assists clients in addressing the regulatory complexities of moving money in compliance with state money transmitter laws. A trusted expert with years of payment operations experience, BancBox has opened over a hundred thousand consumer accounts and processed billions of dollars in payments.
How they describe their product/innovation: We’ve integrated with banks so our clients don’t have to. With an out-of-the-box set of APIs that cover the entire money movement flow, BancBox customers can integrate payment services in just a few days rather than months and can leverage the platform to scale and adapt to new requirements as needed.
Key Executives: Sanj Goyle (CEO), Praveer Kumar (Vice President of Engineering), Bill Wilson (Vice President of Product Management)
Key Board Members: Sanj Goyle (CEO), Steve Baus, Charles Moldow (General Partner, Foundation Capital), Mike Maples, Jr. (Managing Partner, FLOODGATE Fund)
Key Investors: Foundation Capital, FLOODGATE, Harrison Metal, Baseline Ventures and Founder Collective
Key Customers: Giftly, Ready for Zero, and Freedom Financial
Contacts:
Bus. Dev.: Sanj Goyle, sgoyle@bancbox.com
Press: Lynne Cox, lynne@blackbelt-strategies.com
Sales: Chris Akin, chris@bancbox.com
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