MX Technologies Inc. Company Research Report
Company Overview
Name: MX Technologies Inc.
Mission
Empower the world to be financially strong.
Founders
- Ryan Caldwell: Founder and CEO. Ryan built and successfully exited several technology startups before founding MX. He has also worked as a consultant for leading companies including Visa and Microsoft.
- Brandon Dewitt: Co-Founder. He led MX's engineering team and previously co-founded MyJibe, a personal financial management company. He passed away in 2021.
Key People
- Ryan Caldwell: CEO and Chairman of the Board.
- Brian Kinion: Chief Financial Officer.
- Shawn Lindquist: Chief Legal Officer.
- Felix Quintana: Chief Information Officer.
- Wes Hummel: Chief Product and Technology Officer.
- Jane Barratt: Chief Advocacy Officer and Head of Global Public Policy.
- Kimberly Sullivan: Chief People Officer.
Headquartered
3401 N Thanksgiving Way #500, Lehi, UT 84043
Number of Employees
No information is available.
Revenue
No information is available.
Known For
MX helps financial institutions, fintechs, and businesses understand and do more with financial data. The company powers actionable financial data intelligence to increase engagement and loyalty, acquire more customers, and identify growth opportunities.
Products
Connectivity Solutions
Account Aggregation
- Description: Enables consumers to easily connect and view all of their financial accounts in one place.
- Key Features: Reliable, lasting, fast, comprehensive.
Instant Account Verifications
- Description: Provides fast, reliable verification technologies to help organizations better manage risk.
- Key Features: Instant, safe, smart, frictionless.
Balance Checks
- Description: Verify account balances quickly to streamline processes and reduce risk.
- Key Features: Rapid, accurate, secure, smart.
Data Access
- Description: Secure, open finance Data Access API platform built on FDX standards.
- Key Features: Secure, sanctioned, intelligent, efficient.
Data Solutions
Data Enhancement
- Description: Comprehensive suite of data enhancement services to deliver enhanced, verified financial data.
- Key Features: Cleansed, categorized, enhanced, smart.
Customer Analytics
- Description: Combines aggregated, discovered, and enhanced transaction data in a single place for actionable insights.
- Key Features: Comprehensive, targeted, engaging, intelligent.
Experience Solutions
Financial Insights
- Description: Delivers embedded insights supported by AI and ML to protect, inform, and guide consumers.
- Key Features: Insightful, proactive, differentiated, embedded.
Mobile Banking
- Description: Offers a fully-featured digital banking platform.
- Key Features: Configurable, seamless, intelligent, engaging.
Personal Financial Management
- Description: Simplifies PFM for consumers from connecting all their accounts in one place to personalized financial insights.
- Key Features: Empowering, frictionless, trusted, future-proof.
Use Cases
- Account Opening.
- Customer Intelligence.
- Digital Banking.
- Financial Wellness.
- Fraud and Risk Management.
- Loan Origination and Processing.
- Open Finance.
- Payment Verifications.
Recent Developments
Recent Developments in the Company
New Products and Features
- No information is available.
Partnerships
- March 26, 2024: Dwolla selects MX to power account verifications and aggregation.
- March 6, 2024: Ahrvo Labs leverages MX for identity verification and transaction risk management.
- February 7, 2024: Trustly integrates MX data enhancement for better consumer shopping and underwriting experiences.
- February 1, 2024: MX and Jack Henry to enable a more secure data sharing experience.
Awards and Recognitions
- July 10, 2024: Named to CNBC's World's Top Fintech Companies list for the second year.
- July 5, 2024: Named to Inspire In Utah's 100 Companies Championing Women 2024 list.
- May 30, 2024: Crystal Anderson named to Utah Business's 2024 30 Women to Watch list.
- February 13, 2024: Named to 2024 Forbes Fintech 50 list.