Mountain America launched the solution 6 weeks ago, and has since seen 13% of its active online user base (more than 22,000 members) sign up for the service. It provides the solution to its members for free.
Mountain America selected the PFM solution for its “wow-factor” and multiple benefits:
The Financial Brand featured the Utah-based company’s Bubble Budgets on its blog today, and noted these stats:
- From 2011 to 2012, its number of customers grew almost 80%, recurring monthly revenue increased almost 4.5X
- More than 400 FIs have selected MoneyDesktop as their PFM provider
- Recently, it signed more than 270 new clients, added 22 tech partners in the fintech industry