MX Raises $30M in Series A Financing

MX-USAA-DG-2MX, a Silicon Slopes, Utah-based fintech provider that enables its online banking, mobile banking and financial institution partners to provide comprehensive Digital Money Management (DMM/PFM) and omnichannel banking, raised $30m in Series A financing.

The round was led by USAA via a subsidiary, with participation from Digital Garage and others.

The company, which has now raised $50m in total, plans to use the funds to deepen partnership relations and advance its current product suite.

Ryan Caldwell, Founder & CEO, MX has developed Digital Money Management software, omnichannel framework, real-time data analytics and cross-platform marketing solution to provide financial institutions with with solutions to offer a tailored financial management experience promoting financial intelligence and wellness for customers.
The company currently partners with more than 500 banks and credit unions through partnerships with online and mobile banking providers.

FinSMEs

30/04/2015

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