MX, the leading financial data platform enabling organizations to develop, launch, and power new money experiences, announced that it has widened its lead as the top connector to financial institutions and fintechs with more than 50,000 connections. By offering multiple connections through direct-to-bank API agreements, partners, white-listed IPs, and consumer-permissioned access, MX ensures that end users have the most reliable account information alongside world-class digital banking and financial experiences.
Read More: GlobalFintechSeries Interview with Erwan Gelebart, CEO at Veon’s JazzCash
MX has signed direct-to-bank API agreements with many of the top financial institutions and digital banking providers in the U.S. to ensure a more secure pathway for connecting people with their financial information. MX enables organizations to improve connectivity, break down data silos, gain deeper customer insights, and become true advocates for their customers.
Read More: Vitesse, a Fintech Providing Real-Time Cross-Border Payments for Businesses, Scores £6.6m Series A
“MX has built the industry’s most robust and capable connectivity network to ensure that organizations can innovate faster and create better, more personalized digital experiences,” said Ryan Caldwell, Founder and CEO of MX. “MX is partnering with the world’s most innovative brands to connect people with their financial accounts, provide real-time financial information and insights, and present them with a 360-degree view of their financial lives — all of which are crucial to empowering the world to be financially strong.”
Connections include more than just transactional data. Earlier this year MX acquired FileThis, a leading documentation aggregation engine for fintechs. FileThis supports more than 800 data sources, including financial institutions, utilities, insurance and payroll sites and delivers PDF statements, bills, paystubs, W-2s and other online tax preparation documents.
Read More: COVID-19 and Automation are Changing Finance for Good
