Jwaala MoneyTracker Reaches 500,000 Members Milestone

Tue Mar 11, 2008 8:00am EDT
 
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AUSTIN, Texas--(Business Wire)--
Jwaala LLC, a leading provider of personal finance management
solutions to Credit Unions, today announced that its flagship
MoneyTracker Software has reached a new membership milestone. Total
user availability now exceeds 500,000 Credit Union members through
MoneyTracker's installed base. MoneyTracker is an award-winning
personal financial management solution with powerful, Google-like
search capability. MoneyTracker empowers Credit Union members to
consolidate and manage their finances, spending, budgets, and net
worth directly within their Credit Union's existing online banking
system.

   Andrew Taylor, CTO of Jwaala, stated, "We are extremely pleased to
have reached this significant membership milestone with MoneyTracker.
We have seen very strong market acceptance within the Credit Union
industry. Forward thinking Credit Unions view MoneyTracker as a
must-have product to simplify their members' financial lives and
create stronger member relationships."

   Paul Trylko, CEO of Amplify, noted that Amplify was pleased to
have served as the pioneer user and investor for Jwaala MoneyTracker.
He stated, "We rolled out MoneyTracker in 2007 and have seen
tremendous member acceptance. Members love the ability to track their
finances inside online banking, things like 'how much did I spend on
groceries last month' or 'how is my net worth doing'. Most of all, we
get comments on how easy MoneyTracker is to use. We are pleased that
many other financial institutions are seeing the tremendous value in
MoneyTracker for their members as well."

   A Jwaala MoneyTracker demo can be scheduled at www.jwaala.com.
MoneyTracker is the flagship product from Jwaala, Inc. a CUSO created
by Amplify FCU. MoneyTracker can be deployed at any Credit Union to
enhance member online banking capability. Founded in 1967, Amplify is
a $425M asset Federal Credit Union with over 40,000 members based in
Austin, Texas.

Jwaala, Austin
Andrew Taylor, CTO, 512-535-1800
aktxyz@gmail.com
www.jwaala.com
or
Amplify
Paul Trylko, CEO, 512-904-2401
ptrylko@goamplify.com
www.goamplify.com

Copyright Business Wire 2008

 

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