Banks, credit unions and fintech companies are experiencing upwards of 4X growth in digital engagement; 5X increase in deposits growth rate; and a 30 percent increase in NPS scores when built on MX's platform of clean, enhanced, aggregated data to enable banking's digital transformation, according to internal studies of MX clients. "The use of data is essential to every industry, including financial services, and we are thrilled to support MX in its mission to leverage data to help drive better customer experience and deeper engagement for banks, credit unions and fintechs; it leads to financial strength for everyone," said Michael Brown, General Partner, Battery Ventures, and new MX board member. "The company is already powering some of the top financial institutions in the world and is uniquely positioned to provide the smart aggregation and insights that the financial industry will need."

https://www.prnewswire.com/news-releases/mx-raises-100-million-in-series-b-financing-signs-2-000th-customer-300874119.html