A new website that targets mom-and-pop investors of municipal bonds and promises to streamline their investing experience on the Web is set to launch this week.

After three years in development, Munigo LLC will conduct a beta launch of Munigo.com on Thursday, according to founder and chief executive officer Bhu Srinivasan. All investors can access the free site, but only those in New York, California, and Texas can open an account, fund it, and complete transactions, he said. Beta launches will be added in additional states on a rolling basis.

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