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SHERIDEN, WY, January 12, 2021 /24-7PressRelease/ -- GoDo is a next generation neobank focused on improving the financial position of the 80 million US wage earning employees and generating revenue from their $1.4 trillion of discretionary spend.
GoDo has partnered with a well-known card management company and bank to provide a GoDo branded payroll and debit card. The GoDo card will be distributed to wage earning employees through their employers and act as a deposit point for payroll.
The GoDo product is free to the employer and employees to accelerate card adoption. The company has secured its first F500 customer with over 100,000 employees.
The OCMX™ is pleased to announce the listing of GoDo to its online portal which offers Investors and Advisors the ability to learn more about this exciting opportunity.
The OCMX™ has spent considerable time completing its due diligence on GoDo and concluded that there is indeed a tremendous potential for this opportunity.
The OCMX™ noted that GoDo exhibits the main components of any solid opportunity, namely a solid management team, a great track record, and a number of key competitive advantages.
Where They Are Headed
GoDo has a clearly defined go to market strategy that combines with its product roadmap to position the company as the premier provider in the financial wellness and on-demand earned wages sector. The company will use its growing card holder population to establish an ecosystem of vendors who offer heavily discounted products to those card holders.
From the GoDo app, card holders will submit requests for pricing to the vendor network in a 'reverse eBay' manner resulting in reduced costs to card holders. The company intends to participate in the transactional revenue from all purchases made by its card holders.
• GoDo is focused on delivering financial wellness products to wage earners and become the single largest consolidation point of employees on the Internet.
• The go-to-market strategy is well defined demonstrating a clear pathway to significant revenues.
• The market is large with 80 million US based wage earners and discretionary spend of $1.4 trillion annually.
• The GoDo team are experienced entrepreneurs with demonstrable backgrounds in technology and financial management.
Craig Sproule, Founder
Serial entrepreneur with over 30 years management experience in the technology sector. Craig has authored numerous patents and served as the Chief Technology Officer of public companies. Craig has built and exited several technology companies over the course of his career.
Jonathan Murphy, Co-Founder
Jonathan has over 25 years of experience financial management. He is the Director of Family Office at GK Management, a trust and companies management platform. He is also a Director at Wenlock Group, a private investment office.
Allison London, Business Development Manager
Allison has over 25 years of experience in Financial Services, most notably at JP Morgan Private Bank, Morgan Stanley and Longitude Capital. Earlier in her career she managed Advertising and Publicity for network and syndicated television at Paramount Pictures.
ABOUT THE OCMX™
The OCMX™ is changing how companies generate exposure in the financial marketplace and raise funds as we know it. The OCMX™ serves both public and private companies in need of market exposure during financial raises. It does this by way of connecting the relevant companies with financial institutions all in one online transparent portal. The OCMX™ (P2P Financial Inc.) launched in September of 2009 out of Toronto but has since expanded its operations to include Quebec, Alberta, Manitoba, and British Columbia.
The OCMX™ connects investors and advisors directly with companies seeking to raise funds or gain broad market exposure. The OCMX™ provides an open venue for innovative growth companies and leading investment funds to
generate market awareness, raise funds, or connect with investors and advisors. The OCMX™ provides companies, funds, investors, and advisors instant access to its Online Portal so that they can actively source and connect with their next opportunity, advisor, investor, client, or financing partner.
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