Malauzai Software, an Austin, TX-based provider of mobile banking apps for community financial institutions, completed a $3m funding.
Backers were not disclosed.
The company intends to use the funds to expand its mobile product offerings and pursue strategic partnerships.
Incorporated in 2009 and led by Robb Gaynor, chief product officer, and Tom Shen, Founder, Chief Executive Officer & Chairman of the Board, Malauzai provides community financial organizations with mobile solutions (retail, business and internal employee-facing mobile applications) to enhance the customer experience.
The company currently supports 122 banks and credit unions and has a total of 170 signed clients and more than 162,000 end users.