Key Stats
Name: Mx51
Sector: Payments as a Service
Founders: Victor Zheng, Magnus Hsu
CEO: Victor Zheng
Year of investment: 2021
Rounds: Series A
Co-investors: Rampersand
What they do
mx51 is a white-label payment technology provider, emerging out of leading payment technology provider Assembly Payments. As the first Australian fintech to develop a bank-grade, state-of-the-art, Payment as a Service platform, mx51’s deep knowledge of merchant acquiring and scalable payments technology helps acquirers and payment providers thrive globally in a disruptive world.