First Data To Acquire FundsXpress

First Data Corp. (NYSE: FDC) has agreed to acquire FundsXpress, an Austin, Texas-based provider of online banking and bill payment services for consumers and small businesses. No financial terms were disclosed. FundsXpress was advised by Lane Berry & Co., and has raised $80 million in total VC funding from firms like Warburg Pincus, Beacon Partners, Cendant Corp. and Texas Growth Fund. KKR recently agreed to acquire First Data for $29 billion.