Digital Life Technologies

The first reprogrammable mag-stripe card that communicates with your phone's eWallet and replaces all of the cards in your physical wallet.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Bala Cynwyd, PA, USA
  • Currency USD
  • Founded February 2009
  • Employees 3
  • Website gonowcard.com

Company Summary

GoNow eWallet card offers an answer to the mobile payment adoption problem because it breaks through every barrier that’s slowed eWallet adoption. GoNow is in pilots with two customers: 1) a major bank 2) a direct-to-consumer eWallet issuer. GoNow is programmed by an eWallet and can be swiped at all POS terminals and ATMs without any change to the payment infrastructure. GoNow can become any credit, debit, or gift card in an eWallet “on the fly.”

Team

  • Doug Spodak
    President/CEO (Founder)

    Mr. Spodak’s diverse background includes executive level roles in marketing, strategy, business development as well as senior roles in finance and operations. He is a new product/market visionary with industry experience in wireless, card payments, and retail. He was a founding team member, executive and officer of Finsphere, a startup with a fraud detection solution for banks. At Finsphere he led business development and marketing.

  • Ron Fridman
    CTO/VP of Engineering

    Mr. Fridman is a veteran of the payments industry. An innovative, results-oriented senior executive with over 20 years of measurable achievements leading teams to provide award-winning, leading edge technology solutions. His experience includes leading product development at Hypercom and a division of Verifone. His qualifications in all aspects of product design from concept through release and production.

  • Joe O'Neill
    VP of Business Development

    Mr. O’Neill has led new venture development for major businesses for over 20 years. As VP of Mobile Payments at Motorola he led their contactless efforts including mobile payments at POS terminals and was at the forefront of their efforts to create new businesses based on emerging technologies. He is an expert in mobile banking / payments with a strong Rolodex of contacts at Banks and Card Issuers.

Advisors

  • GenCounsel (Corporate Lawyer). Mike Stein, Woodcock Washburn (IP attorney),
    Lawyer
    Unconfirmed
    Talleyville Accounting Services
    Accountant
    Unconfirmed

Previous Investors

  • Jump Start NJ Angel Investor Network
    Unconfirmed
    St. John's Capital
    Unconfirmed
    Ben Franklin Technology Partners (State of Pennsylvania)
    Unconfirmed

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