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MoneyDesktop acquires MoneyReef for mobile PFM

Friday 3 August 2012 11:40 CET | News

MoneyDesktop, a US-based provider of financial management services for credit unions, has acquired MoneyReef, a mobile financial management services provider. The terms of the acquisition have not yet been disclosed.

Under the terms of the acquisition MoneyDesktop’s is set to provide financial institutions with mobile personal financial management (PFM) services available through mobile channels. MoneyDesktop will also integrate MoneyReef’s design into its PFM platform.

MoneyDesktop provides a range of services which include debt elimination, financial management, to over 200 credit union customers. In recent news, Member Driven Technologies (MDT), a US credit union-owned service organization (CUSO), has selected MoneyDesktop to implement the latter’s personal financial management (PFM) services into its online banking platform.


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Keywords: MoneyDesktop, MoneyReef, mobile PFM
Categories: Payments & Commerce
Companies:
Countries: World
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Payments & Commerce






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