Fintech pioneer bringing the Financial OS for the $650B U.S. home services industry to the global fintech stage in Las Vegas.
SAN FRANCISCO, CA – October 6, 2025 – 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.
About the Competition
Money20/20’s Startup Hub Pitch Competition showcases the world’s most promising early-stage fintech innovators. Each company is given five minutes on stage to present its problem, solution, traction, and vision before an audience of investors, corporate strategics, and the global press.
About iWallet®
iWallet® is the Financial Operating System for the $650B U.S. home services industry. Built for HVAC, plumbing, appliance repair, and other field-service businesses, iWallet digitizes payments, contracts, and financing at the point of service. The company operates across all four stacks of the ecosystem — distributors, OEMs, contractors, and consumers — with more than $1 billion in committed payment volume. iWallet is cash-flow positive, bootstrapped, and growing 3× annually. Founded by serial entrepreneur Jim Kolchin, iWallet is headquartered in San Francisco, CA. Learn more at www.iwallet.com.
Media Contact:
Carla Santana
(866) 376-4880
cj@iwallet.com
