Search company, investor...
mx51 company logo


Founded Year



Series B | Alive

Total Raised


Last Raised

$22.39M | 1 yr ago

About mx51

mx51 operates as a white-label payment technology provider. It empowers banks to grow merchant relationships through innovative multi-channel payment capabilities and value-added solutions that are delivered through a bank-grade, cloud-based integration platform. The company was founded in 2020 and is based in Sydney, New South Wales.

Headquarters Location

Level 14, 5 Martin Place

Sydney, New South Wales, 2000,


mx51's Product Videos

ESPs containing mx51

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Financial Services / Payments Tech

The omnichannel payments market refers to the integration of various payment methods and channels, including physical stores, online platforms, and mobile devices. This market aims to provide a seamless and convenient payment experience for customers while also improving efficiency for businesses. The market is driven by the increasing demand for flexibility and convenience in payment options, as …

mx51 named as Challenger among 15 other companies, including Stripe, SumUp, and Razorpay.

Compete with mx51?

Ensure that your company and products are accurately represented on our platform.

mx51's Products & Differentiators

    Merchant Dashboard

    Presents merchants with a single digital experience for all of their payment solutions and value-added services, and is currently provided to Australian banks and acquirers. Merchants can manage their payments, and broader business and commerce needs through the dashboard. For example, viewing transactions in near real-time, reconciliation, and merchant self-service capabilities.

Research containing mx51

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned mx51 in 1 CB Insights research brief, most recently on Sep 14, 2022.

Expert Collections containing mx51

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

mx51 is included in 2 Expert Collections, including Fintech.



3,608 items

Excludes US-based companies



879 items

Latest mx51 News

mx51 Bolsters Bank-grade Security Credentials With SOC 2 Type 2 Certification

Feb 6, 2023

February 6 2023 mx51 Bolsters Bank-grade Security Credentials With SOC 2 Type 2 Certification Payments technology company  mx51  has achieved SOC 2 Type 2 certification, bolstering its bank–grade cyber security credentials. SOC 2 is a compliance framework developed by the American Institute of Certified Public Accountants (AICPA) to help ensure that certified service organisations handle customer data responsibly. This latest certification builds on mx51’s existing cybersecurity credentials. The company’s Merchant Services Platform was built securely from the ground up and already has a PCI DSS Level 1 certified cardholder data environment. This SOC 2 certification includes all of mx51’s product features and systems including in-store integrations, self service dashboards and value added services such as dispute management and data insights. mx51 CEO and co-founder Victor Zheng said: “mx51 has always understood the importance of protecting what is most important to our customers – their data and their reputation. This next step in our compliance journey demonstrates the continued importance we place in cyber security, risk management and the maturity of our products.” “Bank–grade means we can be trusted by customers to handle what is important. We’ve already proven that we are capable of winning and retaining the trust of larger banking customers. “Our SOC 2 Type 2 certification is further demonstration of how seriously we value the trust placed in us and our commitment to operate at the highest level.” The announcement lands ahead of what will be a substantial year of growth for mx51 as it looks to land several more major bank partnerships and expand further abroad. Zheng said: “mx51 growth over the past few years is testament to the fact that we are filling a niche in the market. By helping banks bolster their payments systems, we’re helping them hold onto those key relationships with their merchants. We’re also helping merchants gain more value from each transaction.” mx51 empowers banks, acquirers and merchants to keep ahead of rapidly evolving shifts in payments technology and consumer behaviour. Its product serves two distinct markets. For banks and acquirers mx51’s payments-as-a-service platform provides a futureproofed payments solution, that effectively leverages their existing legacy technology infrastructure. Merchants, on the other hand, struggle with disparate payment technology solutions that don’t talk to each other. mx51 solves this pain point by integrating together an ecosystem of embedded payments and value added services into a single white label merchant portal experience . The platform is regularly updated with new modules and capabilities, which when coupled with robust self-service features and deep customer insights, allows banks and acquirers to consistently deliver a best-in-class experience for merchants. People In This Post News News News Fintech Fintech

mx51 Frequently Asked Questions (FAQ)

  • When was mx51 founded?

    mx51 was founded in 2020.

  • Where is mx51's headquarters?

    mx51's headquarters is located at Level 14, 5 Martin Place, Sydney.

  • What is mx51's latest funding round?

    mx51's latest funding round is Series B.

  • How much did mx51 raise?

    mx51 raised a total of $41.76M.

  • Who are the investors of mx51?

    Investors of mx51 include Acorn Capital, Commencer Capital, Artesian VC, Mastercard, Rampersand and 4 more.

  • Who are mx51's competitors?

    Competitors of mx51 include Tyro and 5 more.

  • What products does mx51 offer?

    mx51's products include Merchant Dashboard and 3 more.

  • Who are mx51's customers?

    Customers of mx51 include Westpac Banking Corporation.

Compare mx51 to Competitors

Till Payments Logo
Till Payments

Till Payments develops payment solutions for online and in-person payments. Its products include Online Checkout, Payment Links, POS Terminals, and Self-Service Payments. The company's products are used in the Automotive, Hospitality, Retail, Grocery, and B2B industries. Till Payments was founded in 2012 and is based in Macquarie Park, Australia.

Stripe Logo

Stripe operates as a financial technology company. It offers an online-based, payment processing platform that gives online merchants the ability to securely accept credit card payments through the use of custom-built forms. It allows users to accept payments, send payouts, and manage businesses online. It was formerly known as HGSC. It was founded in 2010 and is based in South San Francisco, California.

YapStone Logo

YapStone is a global provider of web and mobile payment technology solutions, offering a platform that powers electronic payments for international online and mobile marketplaces, including HomeAway and VRBO, as well as for targeted, large vertical markets, including apartment and vacation rentals, HOA communities, self-storage and non-profits. YapStone develops tailored payment solutions to address partner needs.


FIN-PAY's technology provides small, mid-market and enterprise clients with a simple, cost-effective and fast payment technology that allows unified payments across cards, QR, crypto, SMS, BNPL and digital assets.

GoCardless Logo

GoCardless is an online direct debit provider. It is an international payments network for businesses to take and settle recurring payments from anywhere, to anywhere, in any currency. It was founded in 2011 and is based in London, United Kingdom.

TouchBistro Logo

TouchBistro is an iPad-based restaurant management platform. It offers an integrated payments solution designed to meet the needs and fast pace of the food service industry. The firm was founded in 2011 and is based in Toronto, Canada.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.