Majority female-backed fintech helps Latinx community close the wealth gap and build prosperity with clean data and personalized financial alerts from MX
MX, the financial data platform and leader in modern connectivity, announced that SUMA Wealth, a revolutionary financial technology company for U.S. Latinx youth founded by successful Latinx entrepreneurs Beatriz Acevedo and Xavier Gutierrez, that inspires, informs and empowers the Latinx community, has gone live on the MX platform for data aggregation and data enhancement to power SUMA’s custom-built financial tools. SUMA will soon roll out MX’s financial insights product — a personalized social media-style feed of financial insights built for high engagement and quick consumption.
“We are very excited to be working with MX to further our mission of closing the wealth gap within the Latinx community,” said Beatríz Acevedo, Co-Founder and CEO of SUMA Wealth. “We talked to many other vendors and those conversations were very much transactional. With MX it was personal, and their attention to detail was unmatched. They want to build something alongside us that matters. It’s a true partnership.”
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SUMA is using the MX financial data platform to provide clean and enhanced data to empower its users to view, manage, move and grow their wealth — helping the Latinx community both overcome current financial challenges, and create a more prosperous future.
“Working closely with SUMA to help them provide personalized financial advice for the Latinx community aligns strongly with our mission to empower the world to be financially strong, through MX’s powerful financial data platform,” said Nate Gardner, Chief Customer Officer at MX. “SUMA was able to stand up their beta product in a matter of months, and begin providing meaningful engagement to their customers. We look forward to our continued partnership into the future.”
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SUMA was founded by an experienced team of entrepreneurs, financial professionals and socially minded change agents with a track record of successfully building iconic brands for Latinx audiences. SUMA leverages a deep knowledge of what moves this influential demographic.
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