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Achieving the Exit with Drew Sievers and mFoundry

Drew Sievers, who led mFoundry to an acquisition by FIS, discusses creating a culture of partnership, selling to financial institutions, and working with strategic investors with competing interests in Shareholder Representative Services’ latest Q&A.

Intel, MasterCard Back mFoundry with $18M

MasterCard Inc. led an $18 million round for mobile banking company mFoundry, the company announced Monday. Intel Capital, FIS and Motorola Mobility also participated in the round. MasterCard and Intel are new investors in mFoundry. The financing will go toward the development of new payments-related mobile products and services. mFoundry is based in San Francisco.

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