iWallet®, the Financial Operating System for the home services industry, today announced it has been selected to pitch in the Startup Hub Competition at Money20/20 USA, the world’s leading fintech conference. The event will take place October 26–29, 2025 in Las Vegas, where iWallet will showcase its category-defining innovation to investors, partners, and global media.
iWallet digitizes payments, financing, and reconciliation for contractors, distributors, OEMs, and consumers — a $650B vertical that remains largely paper-based and underserved by modern financial infrastructure. The company has surpassed $1 billion in gross payment volume (GPV) including committed transactions, is cash-flow positive and fully bootstrapped, and continues to grow more than 3× year-over-year.
“We’re honored to be recognized by Money20/20,” said Jim Kolchin, Founder and CEO of iWallet. “Fintech has transformed retail and restaurants, yet the massive home-services industry is still running on paper checks and manual workflows. iWallet is changing that — we’re building the Financial OS that connects every layer of the ecosystem: distributors, OEMs, contractors, and consumers.”
The Financial OS for Home Services
iWallet’s patented and patent-pending technologies unify every critical financial workflow in home services:
- Payments and Reconciliation – mobile check deposit, Tap-to-Pay, automated reconciliation, and real-time reporting.
- Risk & Trust Engine – dual underwriting with regulated partner Paya, distributor verification, live-video onboarding, and AI-driven monitoring that keeps fraud losses near zero.
- AI Recovery Layer – large-language-model technology that generates compliant recovery communications and has already enabled successful fraud recovery in production.
- Lending & Rebates – embedded financing and rebate automation that help OEMs manage incentive programs and distributors reduce DSO.
- FSM Integration – processor-agnostic architecture that connects seamlessly with any field-service-management platform.
Together, these components make iWallet a comprehensive Financial Operating System for one of the largest yet least-digitized sectors of the U.S. economy.
