MRB Direct, a solution developer for banks and non-financial institutions, has scored an investment from Austin Capital General Partner.
The San Francisco-based company is a software-as-a-service platform that supplies clients with digital tools to process B2B and B2C transactions. It focuses on customer acquisition, customer service and compliance to support the needs of financial services.
With the support of Austin Capital, the company hopes to grow its partnerships with depository financial institutions and deepen technology expertise.
Austin Capital vice president Gregory Guggenheim said, “We are excited to partner with Patrick and his team to address the need for a compliance and payment solution for banks and non-financial services companies serving cash intensive industries.
“MRB Direct’s easy to adopt API-based platform is well positioned to capitalize on the growth and federal legalization of the cannabis industry. We see tremendous opportunities to drive continued growth and our strategic investment will support the company’s long-term vision and commitment to its clients.”
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