US neobank Moven is closing its consumer bank after funding fell through due to the coronavirus

US neobank Moven is closing its consumer bank after funding fell through due to the coronavirus
Post Date: March 31, 2020

US-based neobank Moven is closing all accounts on April 30, per American Banker. Moven was founded in 2011, initially operating its direct-to-consumer (DTC) model with basic features like a debit card, access to 40,000 ATMs, and personal finance management (P…
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