UPDATED 07:01 EDT / AUGUST 17 2011

Pageonce Scores 5M Users Amidst Mobile Finance Competition

Pageonce, the operator of Pageonce Money & Bills, a mobile service that lets users manage their bank accounts from a number of mobile platforms, has reached a major milestone, with a reported five million registered users. The company says that adds up to five percent of the total number of smartphone holders in the U.S, citing a comScore report released earlier this month.

Pageonce has seen growth in more than one regard. It stated that the amount of bills it tracks for its users grew by more than 250 percent, and that it increased its staff by 67 percent in the past two quarters. The company provided some addition details as well:

“Since adding one million new users over the past months, Pageonce users on the Android platform have more than doubled and now account for nearly 50% of the new users. While iOS users still make up the majority of total Pageonce users, Android growth continues to outpace all mobile platforms.”

Pageonce Money & Bills is a virtual wallet for Android, iOS, Windows Phone 7 and BlackBerry users, that allows them to track transactions, manage bill and receive real-time alerts.  This made the service very popular, considering it gained 500,000 new users since its funding round last quarter. The company raised $15 million from Morgenthaler Ventures, as well as Pitango Ventures and Liron Petrushka, the chairman of the company’s board.

The personal, and more specifically the mobile finance market is flooded with offerings, and Pageonce is only one of them. Mint.com is another prominent service that has been working on strengthening its offering. Last month it rolled out alerts that send you a reminder about bills that will need to be paid based on data it collects throughout period of a few months. 


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