Thursday, April 30, 2015

MX Finds $30M For Online Banking Technology

Provo, Utah-based MX, which is developing online and mobile banking software, said this morning that it has raised $30M in a Series A funding. The funding was led by USAA, and also included Digital Garage and others. MX said the new funding brings its total raised to $50M. MX says it already has more than 500 banks and credit unions using its software. MX is led by Ryan Caldwell, a serial entrepreneur who was the founder of Enticelabs, and also served at Zinch, AirWired, and MadKey Internet. More information »