MX Raises $20M

mxMX (formerly MoneyDesktop) a Silicon Slopes, Utah-based fintech provider that enables omnichannel banking, raised venture capital bringing its total raised to $20m.

Backers included TTV Capital, North Hill Ventures and Commerce Ventures, Nobutaka Mutaguchi (TPP Capital), Fraser Bullock (Sorenson Capital), Peak Ventures, Greg Warnock (Plus550 & Mercato Partners – Fusion-io, Control4), Rick Alden (Skullcandy), Zach James (Zefr), Todd Pederson (Vivint) and Josh James (Domo & Omniture).

Led by Ryan Caldwell, CEO and founder, MX provides online and mobile banking partners and financial institution partners with an omnichannel applications to connect and engage with account holders.
The company has also announced the addition of seven large multi-billion dollar financial institutions clients, including Cadence Bank, Washington Federal, BECU, LGFCU, Wilson Bank and Trust, America First Credit Union and, their first international client, ATB Financial.

FinSMEs

03/11/2014

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