MX, formerly known as MoneyDesktop, is a fintech company that develops and provides money management and financial software for financial institutions and digital banking providers.
MX enables financial institutions and fintech companies to gather, enrich, present, and act on data — resulting in dramatic gains to the bottom line.
MX was founded in 2010 by Ryan Caldwell. The company is based in Lehi, Utah.
MX puts a user’s data on center stage, molding it into a cohesive, intelligible, and interactive visualization.
MX's products include: MoneyDesktop, a data-driven money management tool that integrates into digital banking products and enables users to take control of their finances; Helios, a cross platform framework; WideNet, which offers data-driven money management to potential account holders; and Nexus, a financial data API.
MX also offers Insight, a financial data analytics provider and Target, which offers financial marketing. It provides data driven money management, cross-platform framework, account holder acquisition, fintech data API, financial analytics, transaction data API, data analytics, and personalized marketing solutions.
MX is one of the fastest-growing fintech innovators, powering more than 2,000 financial institutions and 43 of the top 50 digital banking providers.
MX is backed by Battery Ventures, TPG Growth, CapitalG, Geodesic Capital, Greycroft, Cota Capital, USAA, H.I.G. Capital, Sorenson Capital, Point72 Ventures, National Bank of Canada, TTV Capital and others. The company raised $300M in Series C round on Jan 13, 2021. This brings MX's total funding to $475M to date. The Series C round valued MX at $1.9B post-money.
MX has receieved multiple awards and accolades such as: 2019 Utah Genius Award, 2019 Shatter List, 2019 Fintech Breakthrough Award, 2019 American Banker "Best Fintechs To Work For", Salt Lake Tribune Top Workplaces 2018.