MX is much like MINT and Simple, but seems to get more traction, and might expand more overseas!
MX will be looking to build out its new head quarters in Utah and adding 150 new employees to its current headcount of 130. An investment from Digital Garage may help them expand overseas.
MX, the personal finance startup formerly known as Money Desktop, has just inked a $30 million Series A funding deal led by a subsidiary of USAA. Tokyo-based VC firm Digital Garage also participated in the round. MX previously raised a healthy seed round from various early-stage investors for $20 million late last year. This brings the total amount of funding to $50 million for the startup. MX founder Ryan Caldwell was hesitant to talk about the valuation, but we’ve heard it’s about triple the previous $100 million valuation. According to Pitchbook*, MX was worth $243 million pre-money and is now worth $273 million.
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