FundedIQ
Financial Services

mx51: Funding, Investors & Team (Oct 2026)

mx51 accomplices with acquirers and installment suppliers to convey outstanding shipper encounters. mx51's bank-grade installments as a help stage and versatile cloud-based innovation consistently interfaces the universe of business into installments. mx51 was laid out in 2016 in Sydney, New South Wales by Magnus Hsu.

www.mx51.io LinkedIn Sydney, Australia 51-100 employees
Total raised
$57.5M
Rounds
2
Latest
Series B
Jul 2022

mx51 has raised $57.5M across 2 funding rounds on record, the most recent a Series B of $32.5M announced in Jul 2022.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

mx51 Company Profile and Key Stats

Total funding raised
$57.5M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$32.5M in Jul 2022
Employees
51-100
reported band
Headquarters
Sydney, Australia

Latest funding round on record: Jul 2022.

mx51 Funding Rounds

Date
Round
Amount
Series B
$32.5M
Undisclosed round
$25.0M

mx51 raised $25.0M in an undisclosed round announced in May 2021.

1.2 years later, a Series B of $32.5M was announced in Jul 2022.

mx51 Founders and Leadership Team

Name
Role
Contact
Victor Zheng
CEO
Locked

Contact details for the mx51 team: 1 of 1 has an email address on file.

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mx51 Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
1,170
$4.1M
4,380
$31M

mx51's latest round of $32.5M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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mx51 Funding FAQs

What does mx51 do?

mx51 accomplices with acquirers and installment suppliers to convey outstanding shipper encounters. mx51's bank-grade installments as a help stage and versatile cloud-based innovation consistently interfaces the universe of business into installments. mx51 was laid out in 2016 in Sydney, New South Wales by Magnus Hsu.

How much funding has mx51 raised?

mx51 has raised $57.5M across 2 rounds on record. The most recent is a Series B of $32.5M announced in Jul 2022.

When did mx51 last raise funding?

mx51's most recent funding round on record is a Series B of $32.5M, announced in Jul 2022.

Who is the CEO of mx51?

Victor Zheng is listed as CEO at mx51.

Where is mx51 headquartered?

mx51 is based in Sydney, New South Wales, Australia.

How many employees does mx51 have?

mx51 is in the 51-100 employee band.

How does mx51's funding compare to other Financial Services startups?

mx51's latest round of $32.5M is above the $14M median round size for Financial Services companies on FundedIQ across 5,748 tracked companies over the last two years.

About FundedIQ's mx51 Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for mx51 is left off this page rather than filled in.

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