MVB Financial Corp. invests in BillGO, a Colorado fintech company; CEO joins Board of Directors
Fort Collins, Colo. (January 10, 2017) — BillGO, a Colorado-based fintech company, and the only intelligent bill-pay app that makes it easy to connect, pay and manage any bill, is pleased to announce MVB Financial Corp.’s investment in BillGO, as well as the appointment of CEO and President Larry F. Mazza to its Board of Directors. MVB Financial Corp. is the parent company of West Virginia-based MVB Bank, Inc.
“MVB’s investment in BillGO creates a business relationship with valuable benefits for us, as well as our clients,” said Dan Holt, co-founder and CEO of BillGO. “Having Larry Mazza join our Board of Directors brings BillGO strong expertise in the banking, accounting and management arenas.”
“MVB Bank has always sought innovative ways to assist clients with their financial needs. BillGO is an excellent example of leveraging technology to solve a consumer challenge in the area of bill-pay management, including unique capabilities like splitting bills,” stated Mazza.
“More than 50 percent of Americans have paid a bill late and forgetfulness is the top-cited reason. BillGO solves this frustrating and time-consuming process by providing customers a complete picture of all their bills, along with alerts informing them of upcoming bills. Our app is ideal for everyone with bills to pay, as it provides the control and visibility needed to never miss a bill. You can even split your bills easily and efficiently,” noted Holt.
“Dan Holt and the entire BillGO team have extensive experience in the financial sector and have shown stellar performance to date in the fintech space,” Mazza added. “We are pleased to provide banking services to support the BillGO business model.”
BillGO is the intelligent bill-pay app that enables users to connect, pay and manage any bill – including rent. It proactively notifies users to upcoming bill payments, eliminating late fees and the headaches that accompany them. The app, created by banking and payments experts, brings control and intelligence to an otherwise disorganized and frustrating process that costs American households $400 in late and overdraft fees per year. The BillGO app is available in the App Store and on Google Play.
About MVB Financial Corp.
MVB Financial Corp. (OTCQB: MVBF) is a financial holding company headquartered in Fairmont, W.Va. Through its subsidiary, MVB Bank, Inc., and the bank’s subsidiaries, MVB Mortgage and MVB Insurance, the company provides financial services to individuals and corporate clients in the Mid-Atlantic region.
The OTCQB is a market tier operated by the OTC Market Group Inc., for over-the-counter traded companies that are current in their reporting with a U.S. regulator.
For more information, please visit ir.mvbbanking.com.