Apple Co-Founder, Steve Wozniak, Lands at Planet Capital

Monday, 04/05/2015 | 19:42 GMT by Jeff Patterson
  • Steve Wozniak has joined the board of ATM startup, Planet Capital, joining an impressive array of executives at the fledgling firm.
Apple Co-Founder, Steve Wozniak, Lands at Planet Capital

Apple co-Founder, Steve Wozniak has landed at a new role, joining the board of Planet Capital, a new fintech firm making a bid to use the Blockchain to overhaul the ATM market, according to a Planet Capital statement.

Los Angeles-based Planet Capital has trumpeted the construction of its versatile ATM, which utilizes the blockchain, Cloud and a number of unnamed patent-pending technologies.

In particular, the retooled ATM by Planet Capital targets cash machine transactions, pay bills, complete POS transactions, gift cards, and virtual currencies. Planet Capital is the product of Lee Caplin, co-Founder of publishing giant Penske Media, and A Lyle Elias, ATM Industry Association o-Founder and PAYe Network founder.

Mr. Wozniak, joins former FCC chairman Reed Hundt, Atari co-founder Steve Mayer, and former Carlyle Group CFO John Harris on the company’s executive panel.

According to a Planet Capital’s CTO Dan Sokol in a recent statement on the appointment, "Planet’s strategy is to deploy kiosks free of charge, removing the ‘pay wall’ and common financial barriers for many merchants desiring to install service-ready, multi-function ATM’s to meet their clients growing financial, digital and virtual needs within this fast-moving economy."

Apple co-Founder, Steve Wozniak has landed at a new role, joining the board of Planet Capital, a new fintech firm making a bid to use the Blockchain to overhaul the ATM market, according to a Planet Capital statement.

Los Angeles-based Planet Capital has trumpeted the construction of its versatile ATM, which utilizes the blockchain, Cloud and a number of unnamed patent-pending technologies.

In particular, the retooled ATM by Planet Capital targets cash machine transactions, pay bills, complete POS transactions, gift cards, and virtual currencies. Planet Capital is the product of Lee Caplin, co-Founder of publishing giant Penske Media, and A Lyle Elias, ATM Industry Association o-Founder and PAYe Network founder.

Mr. Wozniak, joins former FCC chairman Reed Hundt, Atari co-founder Steve Mayer, and former Carlyle Group CFO John Harris on the company’s executive panel.

According to a Planet Capital’s CTO Dan Sokol in a recent statement on the appointment, "Planet’s strategy is to deploy kiosks free of charge, removing the ‘pay wall’ and common financial barriers for many merchants desiring to install service-ready, multi-function ATM’s to meet their clients growing financial, digital and virtual needs within this fast-moving economy."

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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