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FundsXpress Financial picks up $5 million

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
FundsXpress Financial Network announced Monday it secured $5 million in its third round of funding. Investors include Warburg Pincus and the Texas Growth Fund. Austin, Texas-based FundsXpress is expecting to raise another $5 million in this round. Overall, the company has raised $85 million. The company is a provider of Internet-based financial services and products for banks and credit unions.