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mFoundry picks up multi-million dollar funding for mobile payments

Mobile banking and payment company mFoundry, which recently announced a partnership with MasterCard, has confirmed it’s received an investment of $18 million (£11.5 million) in growth capital.

The investment was led by MasterCard along with Intel Capital, FIS and Motorola Mobility.

Author: The Fonecast
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MasterCard and mFoundry partnership will increase mobile payment availability

MasterCard and US-based mobile banking company mFoundry have announced an international partnership that’ll that let more banks give their customers the option to pay for items with their mobile phones.

mFoundry has also received a strategic investment to from MasterCard.

Author: The Fonecast
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