MFoundry, mobile financial services company, raises $15M more

MFoundry, a Sausalito, Calif., company that offers personalized mobile financial services over the mobile phone, said it has raised $15 million in a third round of funding.

It was led by Motorola Ventures. PayPal, NCR Corporation and an unnamed “leading wireless operator” also joined the round, along with existing investors Ignition Partners, GRP Partners and individual investors.

The company has raised just shy of $25 million in total.

In addition, NCR has said it had chosen mFoundry’s service… Continue Reading