mFoundry

company

About

mFoundry provides SaaS-based mobile banking solutions for financial institutions and retailers in the U.S.

  • 51 - 100

Details

Last Funding Type
Series C
Last Funding Money Raised
$15M
Industries
Banking,Financial Services,FinTech,Mobile,Mobile Payments,SaaS,Software
Founded date
Jan 1, 2004
Number Of Employee
51 - 100
Operating Status
Close

mFoundry is the most popular mobile banking solution in the U.S., the choice of more than 800 banks and credit unions nationwide. mFoundry's award-winning mBanking platform is the leading software-as-a-service (SaaS) mobile banking solution in the financial services industry today.

mFoundry has an extensive partner network that includes FIS, Open Solutions, COCC, PSCU Financial Services, NCR, CO-OP, First Data and PayPal. These partnerships, combined with its extensive implementation experience and flexible SaaS-based architecture help it deploy mobile banking solutions quickly.

While known best for its mobile banking innovation, mFoundry has also demonstrated leadership in mobile payments, leading Starbucks Card Mobile, the most successful mobile payments program to date, currently used across more than 6,800 Starbucks.

mFoundry was founded in 2004 by Drew Sievers and Rodney Aiglstorfer. The company is headquartered in Larkspur, California, with additional offices in downtown San Francisco. For more information, please visit http://www.mfoundry.com.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$15M
mFoundry has raised a total of $15M in funding over 2 rounds. Their latest funding was raised on Jul 1, 2008 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 1, 2008 Series Unknown 1 Bank of America Detail
Oct 24, 2007 Series C $15M 2 Detail

Investors

Number of Lead Investors
Number of Investors
1
3
mFoundry is funded by 3 investors. Bank of America and NCR are the most recent investors.
Investor Name Lead Investor Funding Round
Bank of America Yes Series Unknown
NCR Series C
PayPal Series C