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Wallaby Financial Debuts iPhone App

Wallaby Financial, the personal finance startup out of MuckerLab, is debuting a new, iPhone application today, which the firm says will help consumers make the best decision on which credit card to use. The free app helps users choose among their multiple credit cards, to figure out which ones to use to make the most of a transaction. Wallaby Financial is headed by Matthew Goldman, and is backed by FF Angel, WI Harper Group, Quotidian Ventures and Karlin Ventures. The app provides a function similar to Wallaby's card, which the company is in the process of issuing, which will automatically charge the optimal credit card in a users' wallet. The company says the new app will help users make the most of rewards for hotel stays, airline points, or cash back from their credit cards.