The mobile banking technology provider mFoundry Inc. said Monday that it has received $18 million in growth capital.
The investment round was led by MasterCard Inc., a new investor in the Larkspur, Calif., vendor. Intel Capital, another new investor, also participated in the investment round. Fidelity National Information Services Inc. and Motorola Mobility also participated.
"The continued support of partners like FIS and Motorola Mobility plus the addition of powerful new strategic investors like MasterCard and Intel Capital reinforces the work the company is doing," Kelly Rodriques, an mFoundry board member and the chief executive of Pensco Trust, said in a press release Monday.