Malauzai Software

bankingtech

STATUS: Acquired/Merged
FOUNDING YEAR: 2009
LOCATION: United States
Last Update: 10/07/2020

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About

Malauzai Software Inc., is a provider of mobile banking smart apps for community financial institutions. They build mobile banking smart apps for community banks and credit unions for use by their customers and members. The smart apps run across mobile platforms (Apple, Android) and several types of devices from smartphones to tablets.

Focus

PRODUCTS & SERVICES

Mobile banking applications platform for community banks & credit unions. MOX Pay - A mobile wallet apps to small businesses. Supports financial institution with suite of mobile and online banking solutions.

REVENUE MODEL

Software-as-a-Service revenue model

MAIN CLIENTS

First Financial Bank

Americana

Customers Bank

Happy State Bank

Air Academy

vonscreditunion

BBCN bank

Parksterling bank

First United

Credit Union of America

River City and Southern Bank.

EXISTING PARTNERSHIPS

Partnered with Guardian Analytics - to provide fraud detection solutions for mobile banking. Partnered with Cachet Financial Solutions - to deliver mobile deposit solutions to mobile banking customers. Some of the technology providers CFC technology

D+ H

Blue Point Solution

etc.

Traction

VALUATION / MARKET CAP:

$73.3 M in 2015

ACTIVE USERS:

0.2750

People

FOUNDERS

Danny Piangerelli

Tom Shen

BOARD MEMBERS AND ADVISORS

Anthony Ficarra

Joe McDoniel

Michael Young

Norman DeLuca

Tom Shen

NUMBER OF EMPLOYEES

51-200

INVESTORS:

Live Oak Banking Company

Wellington Management

KEY EMPLOYEES:

Joe Gomez(CEO); Robb Gaynor(CPO); Danny Piangerelli(CTO); Lou Moody(CSO)

Momentum

FUNDED

YES

TOTAL FUNDING

$10.76 M

DATE OF LAST FUNDING

Jul 2015

FUNDING SERIES

SERIES B  · $3 M  · Nov 2013

SERIES C  · $6.48 M  · May 2014

OTHERS  · $1.28 M · Feb 2011

LISTED

NO

COMMENT

Venture funding: $11 M(Jul 2015)

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2009

LOCATION:

United States

Views:

86 VISITORS | 119 VIEWS
LATEST FUNDING ROUND

$10.8 M

TOTAL EMPLOYEES
51-200

About

Malauzai Software Inc., is a provider of mobile banking smart apps for community financial institutions. They build mobile banking smart apps for community banks and credit unions for use by their customers and members. The smart apps run across mobile platforms (Apple, Android) and several types of devices from smartphones to tablets.

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Momentum+
Traction+
People+
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