mFoundry, the leading mobile financial technology provider, announced today that Banc of America Strategic Investments Corp. completed a strategic investment in the company. Bank of America complements mFoundry’s existing strategic investors Motorola, PayPal, and NCR, and venture backers GRP Partners, Ignition Partners and Apax Partners. mFoundry’s platform, enabling banking, payments, wallets, and eCommerce from mobile phones, is a widely used platform in the United States.
“We are very pleased to have Bank of America as an investor in our company,” said Drew Sievers, CEO and co-founder of mFoundry. “We are proud to have Bank of America’s investment in our Company as our products continue to gain support from financial and mobile industry leaders.” Learn more >>
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