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mFoundry's business is essentially "get advanced mobile apps for your bank on every platform", with ~30-day turn around. I used to code mFoundry's platform and
by ssebro 14y ago
mFoundry's business is essentially "get advanced mobile apps for your bank on every platform", with ~30-day turn around.
I used to code mFoundry's platform and mobile apps, and I can tell you that this deal is a potential game changer for dwolla. mFoundry has amassed prolific channels to banks, and they've been able to drag banks big and small into the future of mobile banking. More importantly, their solution is now laughably combatible with the different software that powers most banks, so integration is relatively simple. If they're able to offer payment over dwolla as turnkey as their other integrations, and dwolla's fees are cheaper than ACH, this single deal will make dwolla huge.