mFoundry company logo

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Founded Year



Acquired | Acquired

Total Raised




About mFoundry

mFoundry is an mobile application platform provider. mFoundry's Spotlight Financial Platform aims to offer a financial services solution for financial institutions, wireless carriers and their customers. Spotlight incorporates mFoundry's mobile banking and payments product into the platform and per the company, it has been adopted by some of the largest banks and carriers in the United States.In January 2013, mFoundry was acquired by FIS. The valuation of mFoundry was $165 million. Other terms of the deal were not released.

mFoundry Headquarter Location

60 E. Sir Francis Drake Boulevard #200

Larkspur, California, 94939,

United States


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Expert Collections containing mFoundry

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

mFoundry is included in 1 Expert Collection, including Fintech.



7,344 items

US-based companies

mFoundry Patents

mFoundry has filed 20 patents.

The 3 most popular patent topics include:

  • Payment systems
  • Banking technology
  • Computer network security
patents chart

Application Date

Grant Date


Related Topics




Wireless networking, Java platform, Mobile computers, Network protocols, Computer networking


Application Date


Grant Date



Related Topics

Wireless networking, Java platform, Mobile computers, Network protocols, Computer networking



Latest mFoundry News

mFoundry and MasterCard to Deliver Digital Wallets Services to Banks

Feb 25, 2013

mFoundry to integrate new MasterPass digital service with its mobile banking solutions To tweet this news, copy and paste to your Twitter handle with the hashtag #MasterCard and #MWCashless Download Mobile World Congress 2013 February 25, 2013 02:10 AM Eastern Standard Time BARCELONA, Spain--( BUSINESS WIRE )--At Mobile World Congress , mFoundry and MasterCard (NYSE: MA), announced today an agreement to make MasterPass™-connected wallets available to mFoundry’s nearly 900 bank customers. By integrating the MasterPass by MasterCard service with mFoundry’s mobile banking solutions , millions of consumers could be able to use any payment card or enabled device to discover enhanced shopping experiences that are as simple as a click, tap or touch – online, in-store or anywhere. MasterPass is the evolution of PayPass Wallet Services which was announced in Spring of 2012 and has been in a production trial with select merchants and issuers. mFoundry will create a digital wallet service using the MasterPass APIs to provide its customers with a MasterPass-connected wallet as part of its mobile banking platform. mFoundry’s solution will deliver a truly integrated mobile banking and payment solution to the market. The service will be available to mFoundry’s customer banks in early 2014 with pilots expected to launch in 2013. “Consumers will now shop and pay in whatever way best fits their needs and lifestyles, from every device they have. MasterPass gives them the ability to make a payment from wherever they are, with one simple experience,” said Ed Olebe, Group Head, MasterPass Services, MasterCard. “Integrating with mFoundry’s solution embeds the power of MasterPass into an industry-leading mobile banking platform and enhances both the payment and banking experience for consumers.” “Together, mFoundry and MasterPass deliver an outstanding customer experience by integrating mobile banking and mobile payments into one, seamless solution,” said mFoundry CEO Drew Sievers . “By bringing together both, financial institutions can transform their mobile banking experience and achieve the broader goal of turning mobile into their most valuable channel.” Find a complete list of MasterCard’s news announcements from Mobile World Congress in our Digital Press Kit and follow us @MasterCardNews #MWCashless #MAMobileSymp to join the conversation. About MasterCard Worldwide MasterCard (NYSE: MA), ,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews ,join the discussion on the Cashless Conversations Blog and subscribe for the latest news . About mFoundry mFoundry is North America’s largest provider of mobile banking and mobile commerce. The leading software-as-a-service (SaaS), cloud-based mobile banking offering, mFoundry works with almost than 900 banks and credit unions nationwide, including Bank of America, PNC Bank, Zions Bank and more than one-third of the top 50 financial institutions in the U.S. mFoundry was behind the nation’s largest, and most successful mobile payments program: Starbucks Card Mobile. mFoundry is headquartered in Larkspur, California, with offices in downtown San Francisco. For more information, visit . Contacts

  • When was mFoundry founded?

    mFoundry was founded in 2004.

  • Where is mFoundry's headquarters?

    mFoundry's headquarters is located at 60 E. Sir Francis Drake Boulevard, Larkspur.

  • What is mFoundry's latest funding round?

    mFoundry's latest funding round is Acquired.

  • How much did mFoundry raise?

    mFoundry raised a total of $49.8M.

  • Who are mFoundry's competitors?

    Competitors of mFoundry include Paydiant and 3 more.

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