Movii
Colombian financial inclusion player.
- Who holds it
- An e-money institution holds your balance in a safeguarding account — SEDPE e-money license (Superintendencia Financiera, Colombia).
- The ledger
- The e-money institution’s own ledger.
- If it fails
- Safeguarded funds are returned in administration — ring-fenced, but access can be frozen and slow.
Derived from Movii’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · underbanked |
| HQ | Bogotá, CO |
| Founded | 2018 |
| Custody | Custodial |
| Regulation type | E-money institution |
| License detail | SEDPE e-money license (Superintendencia Financiera, Colombia) |
| Card | MC · Prepaid |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Latin America |
Verified links: official site ↗
Common questions about Movii
What is Movii?
Movii is a fiat neobank built for underbanked, headquartered in Bogotá, CO and founded in 2018. Your money is held custodially, so Movii or its partner bank holds the balance and you hold a claim on it. It is regulated as an e-money institution (SEDPE e-money license (Superintendencia Financiera, Colombia)).
Does Movii have a card, and where can you use it?
It issues a Mastercard prepaid card. It is available in Latin America.
Does Movii require KYC?
Yes. Movii requires identity verification (KYC) to open an account, as a e-money institution.
Head-to-head
Peers
Wise · Nubank · Banco Inter · PicPay · PagBank · Nequi
Movii appears in
Neobanks authorised as e-money institutions (48) · Neobanks available in Latin America (113) · Neobanks built for the underbanked (23) · Neobanks that issue a Mastercard (150) · Neobanks in Colombia (7)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.