mx51 logo — Empowering payment providers to be merchant-obsessed.

mx51

Empowering payment providers to be merchant-obsessed.

Founded 2020 Australia Australia 63 employees Series B Total: $57.50M Finance, Financial Services +2

General Information

Company Name mx51
Founded Year 2020
Location Australia Australia +1
Employees 63
Industries Finance, Financial Services, Fintech +1
Funding Stage Series B
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About mx51

mx51 is an Australian fintech startup founded in 2020, with a mission to empower payment providers to be merchant-obsessed. The company has developed a modern, end-to-end Payment as a Service platform. With a deep understanding of merchant acquiring and scalable payments technology, mx51 offers its partners the ability to connect seamlessly with merchants and their customers. Their last investment round was a $32.50M Series B investment on 19th July 2022, with participation from notable investors such as Artesian, Acorn Capital, Rampersand, Mastercard, and Commencer Capital. With a focus on disrupting the finance, financial services, fintech, and payments industries, mx51 is poised to thrive globally with its innovative approach to payment solutions.

Taxonomy: Payment as a Service, Merchant Services, Acquiring, Payment Technology, Scalable Payments, Cloud-based Technology, Global Expansion, Bank-Grade Security, Disruptive Innovation, Australian Startup, Sydney, Magnus Hsu, End-to-End Solution, Seamless Connectivity

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 5
Investor Investor Investor Investor Investor
19 Jul 2022
Series A •••••• 5
Investor Investor Investor Investor Investor
24 May 2021
Seed Round •••••• - 01 Jul 2017

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FAQ About mx51

Empowering payment providers to be merchant-obsessed.
mx51 was founded in 2020.
mx51 is headquartered in Australia.
mx51 operates in the following industries: Finance, Financial Services, Fintech, Payments.
mx51 has approximately 63 employees.
mx51 has completed 3 funding rounds, raising a total of $57.50M. The latest funding stage is Series B.
Top alternatives and competitors to mx51 include The Payment House, Collabria Financial Services Inc., Guros, Outpayce from Amadeus, QPAY. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
mx51 and The Payment House are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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