How MobileCoin aims to be the global CashApp

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Episode 6 from Season 4 of The Scoop was recorded remotely with Frank Chaparro of The Block and Josh Goldbard, Founder and CEO of MobileCoin.

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Tucked away in Signal’s app is a new “Beta” feature that allows users to send payments to each other seamlessly.

It is powered by a crypto project called MobileCoin.

In this episode of The Scoop, MobileCoin Founder and CEO Josh Goldbard joined Frank Chaparro to explain how MobileCoin is trying to combine crypto messaging and payments to facilitate global money transfers. Goldbard and Chaparro explore the increasingly dynamic payments environment, in which various companies, from Walmart to Facebook to Jack Dorsey’s Cash app, compete for mindshare and transactions.

“What we are building is the Global Cash App. The Global Cash App that allows you to transfer money at internet speeds,” Goldbard described the project.

“What we want to do here is the final payment rail,” he added. “What makes it the ultimate payment rail is that it is the least irritating, highest priority and easiest to use payment technology ever made.”

In this episode, we also explore:

  • What Raising Venture Capital Looks Like in a Foamy Venture Capital Environment
  • Goldbard’s game plan for recruiting the best engineers
  • Why Signal decided to partner with MobileCoin
  • How Goldbard Poached Cash App Founding CTO Bob Lee

© 2022 The Block Crypto, Inc. All rights reserved. This article is provided for informational purposes only. It is not offered or intended for use as legal, tax, investment, financial or other advice.

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