Municipal Finance & Services Corp. Receives Growth Funding Commitment Of Up To $5M From Sixth Borough Capital Management

Municipal Finance & Services Corp. (MFSC), a company focused on government arbitrage and committed to helping local governments and their vendors streamline and digitize the payments process to expand local government participation opportunities for minority-owned, women-owned, veteran / disabled veteran-owned, and the underserved/emerging business sector announced the completion of an equity commitment of up to $5M from Sixth Borough Capital Management. MFSC will use the proceeds to fund adoption of the Company's flagship municipal fintech payments platform AMP, and for other general corporate purposes, targeting the $1.69T U.S. municipal payments market.