Moov

Moov develops payments infrastructure software that technology companies embed into their own products. Rather than acting as a conventional processor covering only part of a transaction, the company positions its platform as orchestrating end-to-end money movement, letting customers accept, store, send and spend funds through a single integration and a single legal agreement. Supported capabilities described on its site include online card and bank payments, in-person acceptance via Tap to Pay on iPhone, Moov wallets for storing funds and automating workflows, instant payouts to bank accounts and cards, payment links and QR codes, account funding by debit card pull or same-day ACH debit, bank account verification, and issuance of virtual cards with spend controls.

The company says it built a new foundation of always-on, web-scale ledger infrastructure connected directly to payment networks including The Clearing House, the Federal Reserve, Visa, Mastercard, American Express and Discover, avoiding the layered provider-on-provider and middleware structure it attributes to incumbent payments technology. Moov also emphasizes data transparency, offering synchronization of payments data to a customer's data warehouse and tagging of accounts and transfers. Developer-facing resources include an API reference, SDKs, webhooks, a Postman collection, test mode with simulated transfers, documentation MCP/AI skills, and Moov Drops, prebuilt web components for onboarding, terms-of-service acceptance and payment method collection.

Moov also maintains an extensive open-source presence under the moov-io GitHub organization, with roughly 69 repositories, mostly written in Go, covering financial file formats and network protocols such as ACH, ISO 8583, Fedwire/ISO 20022, image cash letter (Check 21), BAI2, IRS FIRE filings, FedACH routing lookups, and a watchlist/sanctions screening service (Watchman).

Founding story

Moov was founded by Wade Arnold and Bob Smith, who state they were frustrated by a payments industry of providers stacked on providers running on legacy technology, and set out to build the payments software stack they would want to use.

Business model

Moov sells payments infrastructure to other businesses, which integrate its API and prebuilt UI components to embed money movement in their own products; the company describes itself as a single vendor covering payment processing, funds management and compliance for its customers' use cases.

Not specified in the available sources beyond references to fee plans and surcharge fee configuration in the platform.

Traction

The company states that thousands of businesses rely on Moov to move money and that it collects and sends billions of dollars every month. Cited customers include LoanPro, whose co-founder and CEO provides a testimonial. Its open-source repositories have accumulated notable followings, for example 558 stars for the ACH library, 527 for ISO 8583 and 501 for Watchman.

Latest developments

Recent product changelog entries reference FedNow support, a feePlanID in the onboarding Drop, onboarding Drop editing, customizable dashboard roles, invoice URL sharing, user-defined amounts for payment links, surcharging in test mode and surcharge fees, alongside API version previews labelled v2026.07.00 and v2026.10.00. The site also promotes Apple Pay and Google Pay for disbursements and Tap to Pay on iPhone for in-person payments.