FinTech Futures: Top five stories of the week – 21 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
MX
US fintechs Brex and MX announce layoffs
Brex is set to lay off 136 employees – approximately 11% of its total workforce.
MX Technologies appoints Wes Hummel as its new CTO
Hummel brings over 25 years of experience leading global engineering and technology teams to MX.
CIBC partners MX for fintech customer data access agreement
CIBC customers will be able to securely share their financial data with third-party fintechs via an API.
Open finance firm MX hires former PayPal exec Jim Magats as CEO
Magats will start his new role on 17 August and will also join the firm’s board of directors.
Neobank Kinly taps open finance fintech MX for data aggregation solutions
Kinly says it will leverage clean data and personalised financial alerts from MX to help Black American communities.
Fintech funding deals globally 11-17 January 2021
Featuring Checkout.com, MX, Blend, Creditas, and Enfusion.
MX ties up $300m in Series C funding
Utah-based firm has raised more than $500m since launch.
US Bank and MX join forces to improve customer financial wellbeing
MX’s data enhancement solutions help US Bank clean, categorise and classify financial data.
MX raises $100m for data tech boost
Funds will be used to focus on clean data.
Meridian CU first in Canada to take MX Pulse financial wellness tool
If you’re going to bring your new, self-guided financial wellness tool to Canada, you might as well start big.
MX to power Ent Credit Union’s Money Insight tool
Getting to know you, getting to know all about you.
