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MX raises $300m in Series C funding

Utah based data platform for banks, credit unions and fintech companies raised $300m in Series C funding led by TPG Capital. 

“MX is at the epicenter of leveraging data to create positive money experiences,” he said. “In the financial services industry, they are not using data to help the user come up with what they need to do next with their money. Accounts go down to zero without any warning. We are connecting data, and since we know the nature of the transaction and know the customer concerns, we can prompt them with the right warning.”

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banking, utah