MX Raises $30M Series A Round

We are thrilled to be partnered with and enabling those that are on the side of innovation and we are humbled to be a critical part of making that shift possible.

Provo-based (and soon to be Lehi-based) MX has raised $30 million in a Series A round led by a subsidiary of USAA and participated in by Digital Garage.

Following on the heels of last November’s $20 million raise, MX stands poised to do some major damage (good, not bad) to the world of personalized finances.

“The financial industry is in the middle of a massive division of those financial institutions who are helping to usher in the surge of innovation that is long overdue and those that are completely unprepared for it,” Ryan Caldwell, Founder & CEO of MX, said in a statement. “We are thrilled to be partnered with and enabling those that are on the side of innovation and we are humbled to be a critical part of making that shift possible. This industry will be unrecognizable in a matter of years and the world, and those that helped lead the needed innovation, will be significantly better off as a result. Our alignment with these prestigious investors is just the beginning of an incredible surge forward for MX and the partners we serve.”

Published 4/30/2015