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FundsXpress Financial picks up $5 million

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.