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PORTFOLIO

FundsXpress

Stage: Growth

Date of Investment: 2000

Web Site : http://www.fundsxpress.com

FundsXpress, located in Austin, Texas, provides a turn-key, service bureau solution to banks and credit unions consisting of Internet banking and other retail and commercial banking products for their end-user customer base. FundsXpress offers a wide range of reliable and convenient Internet products and services available through a secure transactional platform. Its industry leading products and services include Internet Banking, a dynamic web portal, lending, cash management and account aggregation. In 2000, Warburg Pincus led the company's first institutional financing round of $40.0 million with a $27.5 million investment.

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