MOCA provides a digital-first, card-based payment platform that lets community banks, credit unions, and select fintechs offer EMV-enabled contactless cards, on-demand virtual cards, supervised family cards, wallet provisioning, and real-time P2P payments. Its platform enables cardholders to create purpose-driven cards and single-use card numbers via Mia, a browser-based online payment assistant that uses a proprietary plugin. The company is headquartered in Bastrop, Texas and is led by industry veterans whose principals collectively have well over 100 years of experience in community financial institution and payments products. MOCA positions its product as a flexible, best-in-class solution for localized financial institutions that want modern payment features. Following the announced strategic investment, MOCA plans to enhance its payment solution, build out its team, and expand sales reach while maintaining best-in-class customer service. The company also intends to use proceeds to increase its domestic reach and expand its footprint in the Caribbean and Latin America.

Total raised

$3M

Funding rounds

1

Latest round

Series B

Latest activity

Jun 2021