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.

Mx51 closes $32.5m Series B Round

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