Profile
Corporate information
Official name
mFoundry Inc
Registration country
Official name
mFoundry Inc
Registration country
Investment activity status
Active investor
Company type
Provider of mobile banking and payment solutions.Overview
Founded in 2004 and serving more than 850 clients, mFoundry's customer-focused solutions had become a leading platform for mobile banking and mobile retail and have been adopted by some of the largest banks, credit unions, payments processors and retailers in the United States.
Funding
Funding rounds
Acquisition USD 120,000,000
USD 120,000,000 (31 Jan 2013) at USD 150,000,000 valuation.
"FIS anticipates paying approximately $120 million in cash to acquire the remaining 78 percent ownership interest in mFoundry."
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Fidelity National Information Services Inc | Leading provider of bank, mortgage, and financial institution processing and outsourcing | United States | USD 120,000,000 (USD 120,000,000). Follow-on investment. Led the round. |
(1 Dec 2011)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Intel Capital Corp | Intel's strategic investment program for equity investments/ acquisitions to grow the Internet economy in support of Intel's strategic interests. | Cayman Islands | Initial investment. Round participant. |
|
MasterCard International Inc | The operating subsidiary of MasterCard Inc. | Initial investment. Round participant. | |
|
Motorola Mobility Ventures | United States | Initial investment. Round participant. |
(1 Oct 2007)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Apax Partners Inc | United States | Initial investment. Round participant. | |
|
Global Retail Partners (GRP) Inc | Initial investment. Round participant. | ||
|
Ignition Partners LLC | Venture-capital firm founded by former employees of Microsoft and McCaw Cellular. | United States | Initial investment. Round participant. |
|
Motorola Ventures | United States | Initial investment. Round participant. | |
|
NCR Corp | Initial investment. Round participant. | ||
|
PayPal Inc | Web-based payment services. | United States | Initial investment. Round participant. |
(1 Mar 2006)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Apax Partners Inc | United States | Initial investment. Round participant. | |
|
|
Ignition Partners LLC | Venture-capital firm founded by former employees of Microsoft and McCaw Cellular. | United States | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
Apax Partners Inc |
Series B Series C |
|
|
|
Fidelity National Information Services Inc Leading provider of bank, mortgage, and financial institution processing and outsourcing |
Acquisition | |
|
|
Global Retail Partners (GRP) Inc |
+1 (310) 785-5100 |
Series C |
|
|
GRP Partners |
+1 (310) 785-5100 |
N/A |
|
|
Ignition Partners LLC Venture-capital firm founded by former employees of Microsoft and McCaw Cellular. |
+1 (425) 709-0772 |
Series B Series C |
|
|
Intel Capital Corp Intel's strategic investment program for equity investments/ acquisitions to grow the Internet economy in support of Intel's strategic interests. |
+1 (408) 765-8080 |
N/A |
|
|
MasterCard International Inc The operating subsidiary of MasterCard Inc. |
N/A | |
|
|
Motorola Mobility Ventures |
N/A | |
|
|
Motorola Ventures |
Series C | |
|
|
NCR Corp |
Series C | |
|
|
PayPal Inc Web-based payment services. |
Series C |