MX Technologies

MX Technologies 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 as MoneyDesktop, Inc. and changed its name to MX Technologies Inc. in September 2014. The company was founded by Ryan Caldwell and is based in Lehi, Utah.

MX puts a user’s data on center stage, molding it into a cohesive, intelligible, and interactive visualization. As a result, users engage more often and more deeply with your digital banking products. 

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 backed by Battery Ventures, USAA, H.I.G. Capital, Sorenson Capital, Point72 Ventures, & National Bank of Canada among others. The company raised $100M in it's latest "Series B" round funding on Jun 25, 2019. This brings MX's total funding to $175M to date.

 

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.

 

 

  • Year founded: 2010
  • Funding Info: $175M in 4 Funding Rounds (Last Funding Type: Series B)
  • Yearly Revenue: $5M-$10M (2018)
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Lehi
  • State: Utah
  • Country: United States
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