# mx51: Finance, Sydney, Australia

> mx51: mx51 empowers acquirers and payment providers to connect seamlessly with merchants and their customers. Based in Sydney, Australia. Founded 2020.

Source: https://millionrounds.com/startup/mx51 (Millionrounds; every figure on the page links to its filing or article)

Australia · [Finance startup](https://millionrounds.com/companies)

# mx51

mx51 empowers acquirers and payment providers to connect seamlessly with merchants and their customers.

Funding reported Last round: Series B

Finance Sydney, Australia

Company summary

- **Founded:** 2020 6 years old
- **Team:** 51 51 to 200 people
- **Funding reported:** 57.5M as listed, currency not stated
- **Last round:** Series B Jul 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for mx51 has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say mx51 raised

Funding, as reported

Reported in all **57.5M** in the source's currency

Rounds **3**

Last round **Series B**

Last round date **Jul 2022**

Investors listed **8**

## Founders and team

From mx51's own website: 2 founders, 1 on the team.

**Victor Zheng** Chief Executive Officer and Co-Founder

**Magnus Hsu** Chief Operating Officer and Co-Founder

- **Varghese Mathew** Chief Customer Officer

## On 2 portfolio pages

Investors who name them

- [SixThirty](https://millionrounds.com/fund/sixthirty)
- [Reinventure](https://millionrounds.com/fund/reinventure)

Each firm lists mx51 on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Finance in Australia

Startups like it

- [**Credabl** Sydney · founded 2016](https://millionrounds.com/startup/credabl)
- [**Wollemi** Sydney](https://millionrounds.com/startup/wollemi)
- [**NOW Finance** Melbourne · founded 2013](https://millionrounds.com/startup/now-finance)
- [**EBroker** founded 2015](https://millionrounds.com/startup/ebroker)
- [**OnDeck Australia** Sydney · founded 2015](https://millionrounds.com/startup/ondeck-australia)
- [**Banjo** Melbourne · founded 2014](https://millionrounds.com/startup/banjo-2)
- [**Butn** Sydney · founded 2018](https://millionrounds.com/startup/butn)
- [**Zagga** Sydney · founded 2016](https://millionrounds.com/startup/zagga)

## Is this your company?

Add your raise, your deck and your story, and put mx51 in front of investors. Or tell us what we have wrong.

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