Friday, January 24, 2014

Malauzai Software Claims Growth

Austin-based Malauzai Software, the developer of mobile banking software, said yesterday that it saw rapid growth in 2013, saying it had more than 205 percent revenue growth during the year. The company did not disclose any actual financials. The company said the growth came due to having a more than 90 percent increase in its bank and credit union customers. Malauzai said it now has more than 200 bank and credit union partners using its software. The company recently raised $3M more in funding for its products with a Series B.