How they describe themselves: Moneta is an online payment service, with a mission to deliver a superior, secure online shopping experience while supporting consumers’ goal to be financially responsible. Merchants benefit from lower transaction costs than traditional credit cards and access to new customers through bank marketing programs. Banks receive recurring revenue from Moneta transactions. Moneta is easily implemented, with no bank integration requirements.

What they think makes them better: Moneta’s unique bank-distribution method enables banks to benefit from consumers’ preference for non-credit payment alternatives. Moneta bank-branded payments address consumer security and convenience concerns with a one-step payment option completed on the merchant site. Consumer adoption is boosted through our Pay with Purpose™ give-back program.

Executives: Dr. Guido F. Sacchi (CEO), Carol Kennemore Kleywegt (Director of Marketing), Collin Flotta (Director of Operations)

Investors: NCRT, Dellwood Associates

Board Members: Ashish Bahl (Chairman; Former Founder/CEO, Harbor Payments; Fomer SVP, iXL Ventures), Mark A. Johnson (Former Vice Chairman, CheckFree Corporation; Former Board member & Chairman, TAG) Dr. Rajiv Grover (Dean of Fogelman College of Business, Univ. of Memphis; Former academic positions at Penn State, Univ. of Pittsburgh and Univ. of Georgia)

Customers: Delta Air Lines; Shoebuy.com; ID90; Bank partner signed, announcement pending

Advisory Board Members: Stuart Harvey (Elavon)

Partnerships: Universal Air Travel Program, Cardinal Commerce

Contacts:
Biz Dev & Sales: Raymond Keen, 678-398-4118, rkeen@monetacorp.com
Press: Carol Kennemore Kleywegt, 678-398-4097, ckleywegt@monetacorp.com