OverviewSuggest Edit
MX Technologies (formerly known as MoneyDesktop) is a company providing a digital transformation platform for banks, credit unions, and fintech companies. It offers a range of fintech services such as an open finance portal, data connectivity API, MX platform API, data enhancement and aggregation, analytics, wealth and investment solutions, personalized marketing, personal financial management, a mobile banking app, and financial feed insights.
| Type | Private | |
| Founded | 2010 | |
| HQ | Lehi, UT, US | Map |
| Website | mx.com | |
| Employee Ratings | More |
Key People/Management at MX
Shane Evans
Interim Chief Executive Officer & President
Ryan Caldwell
Founder & Executive Chair
James Dotter
Chief Business Officer
Don MacDonald
Chief Industry Strategy Officer
Nate Gardner
Chief Customer Officer
Shawn Lindquist
Chief Legal Officer
MX Office Locations
MX has an office in Lehi
Lehi, UT, US (HQ)
3401 North Thanksgiving Way #500
MX Financials and Metrics
Summary Metrics
Founding Date | 2010 |
MX total Funding | $475 m |
MX latest funding size | $300 m |
Time since last funding | a year ago |
MX investors | Cross Creek Advisors, Greycroft, Battery Ventures, Digital Garage, Pelion Venture Partners, TPG Growth, TTV Capital, Josh James, USAA, Sorenson Capital, North Hill Ventures, Commerce Ventures, H.I.G. Capital, Nobutaka Mutaguchi, National Bank of Canada, Peak Ventures, Cota Capital, Geodesic Capital, CapitalG, Regions Financial Corporation, Point72 Ventures, Greg Warnock, Rick Alden, Washington Federal, Canapi Ventures, Fraser Bullock, Zach James, Todd Pederson |
MX's latest funding round in January 2021 was reported to be $300 m. In total, MX has raised $475 m. MX's latest valuation is reported to be $1.9 b.
MX Revenue
Market valuation | 1.9b |
- Source: Finsmes January 2021
MX Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| MoneyReef | August 02, 2012 | |
| myJibe | November 30, 2011 | |
| FileThis |
MX Cybersecurity Score
MX Online and Social Media Presence
57.08k Twitter followers
MX has 57.08k Twitter Followers. The number of followers has decreased 0.3% month over month and decreased 0.7% quarter over quarter
MX's Trends
Twitter Engagement Stats for @mx
2.7k
Tweets
792
Following
57.1k
Followers
40
Tweets last 30 days
2.4
Avg. likes per Tweet
95%
Tweets with engagement
MX News and Updates
May 11, 2022
MX Named One of Inc. Magazine’s Best Workplaces of 2022
MX has been named one of Inc. Magazine’s Best Workplaces of 2022 — the magazine’s annual list of America’s top workplaces and leaders in creating exceptional company cultures. This marks the third year in a row MX has been named to the Best Workplaces list.
May 06, 2022
2022 Utah Women in Sales Awards
MX congratulates the talented women nominated for the 2022 Utah Women in Sales Awards: Susan Dumbauld, Bailey Dudley, Vanessa Sorensen, April Pocorus, and Cynthia Loveland
May 03, 2022
Everyware® Partners with MX to Deliver Real-Time Payments and Open Banking with Pay By Text
“Everyware, a leading contactless payments and customer engagement solutions company, announces the expansion of its Pay By Text options by offering real-time payments (RTP) and its open banking approach to financial data. The RTP and open banking experience, along with security enhancements, are ma…
May 02, 2022
Everyware® Partners with MX to Deliver Real-Time Payments and Open Banking with Pay By Text
Everyware, a leading contactless payments and customer engagement solutions company, announces the expansion of its Pay By Text options by offering real-time payments (RTP) and its open banking approach to financial data. The RTP and open banking experience, along with security enhancements, are mad…
April 28, 2022
KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions with Data-Driven Insights
Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, today announced a new partnership with MX Technologies, Inc., a leader in Open Finance. Together, KlariVis and MX will empower financial institutions with new data-driven capabilities and financ…
April 21, 2022
Digital Transactions: Half of Consumers Consolidate Their Financial Accounts into a Single View
Only 50% of consumers in a new MX Technologies Inc. report say they have used a single digital tool to view multiple financial accounts in one view. That means the other half has yet to do so, MX says. Lehi, Utah-based MX specializes in technology that provides access to divergent financial accounts
MX Blogs
December 23, 2019
TechCrunch: Who will the winners be in the future of fintech?
To read on TechCrunch click here (subscription required) or see full article below.
December 19, 2019
Bankrate: Out of control with your holiday spending? Have your bank app stop you
Bankrate banking and fintech reporter Mary Wisniewski quoted two product managers from MX in her story, "Out of control with your holiday spending? Have your bank app stop you," Dec. 18, 2019.
December 17, 2019
Alaska USA Federal Credit Union Selects MX For Digital Banking
MX will enhance mobile banking experience for credit union with more than 660,000 members and 74 branches worldwide
December 17, 2019
Alaska USA Federal Credit Union Selects MX
MX will enhance mobile banking experience for credit union with more than 660,000 members and 74 branches worldwide
December 13, 2019
Forbes: 13 Demoing Strategies that Make Tech Software Compelling
MX cofounder and CTO Brandon Dewitt was quoted in a Forbes article highlighting the "13 Demoing Strategies that Make Tech Software Compelling."
December 11, 2019
MX Named a Best Company to Work For by Utah Business Magazine
MX recognized among the state’s top employers for outstanding workplace culture, pay, benefits and company perks
SILICON SLOPES, UT -- December 11, 2019 -- MX, the leading digital transformation platform for banks, credit unions, fintechs and partners, today announced that Utah Busin…
MX Frequently Asked Questions
When was MX founded?
MX was founded in 2010.
Who are MX key executives?
MX's key executives are Shane Evans, Ryan Caldwell and James Dotter.
How many employees does MX have?
MX has 916 employees.
Who are MX competitors?
Competitors of MX include Finicity, Starling Bank and Chime.
Where is MX headquarters?
MX headquarters is located at 3401 North Thanksgiving Way #500, Lehi.
Where are MX offices?
MX has an office in Lehi.
How many offices does MX have?
MX has 1 office.
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