MX banks $300M for financial data Fintech data company MX landed $300 million in a Series C financing led by TPG Capital.

MX provides software used by banks and credit unions to help aggregate, analyze, and visualize financial data.

Here is MX’s release:

MX

https://www.mx.com/

Based in Lehi

Fintech company. Started as MoneyDesktop. Co-founded by Ryan Caldwell and Brandon Dewitt in 2010.

750 employees on LinkedIn

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MX office for the header image on Medium :)

TPG Capital

Texas Pacific Group.

9 funds, 160 investments

1570 employees on LinkedIn

TPG — Crunchbase Investor Profile & Investments

TPG is a global private investment firm with approximately $45 billion of capital under management across a family of…www.crunchbase.com


  1. Brainstorm
  2. Research — we are here
  3. Prototype
  4. Final Build

Research

As you are researching, you need to look at the the ideas you have and then start narrowing them down. One way to narrow down designs is to:

Look for open questions and run experiments

Mark calls these ‘Science Fairs’

Build them into your story and video.

Experiments are 4 step process:

  1. define question and variables
  2. Get the materials, setup the experiment
  3. Run the experiment, measure the outcomes
  4. Analyze data, form conclusions

Independent variable you chose.

Dependant variable you measure.

Watch out for lurking variables. Keep everything the same except for the one thing you changed.

Make sure your materials match. …


Engineers are planners and problems solvers. Breaking a problem down into its basics allows them (us) to build way more complicated and awesome things.

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Research Phase

We are on the R phase of the BRPF engineering process. Remember the mnemonic, Big, Robots, Pop, Footballs or

  1. Brainstorm
  2. Research — we are here
  3. Prototype
  4. Final Build

Rent-A-Center is buying Draper Utah based Acima for 1.65 billion.

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Acima is a lease to own platform.

Acima helps merchants to boost sales. According to FICO research, 43 percent of consumers have a credit score of less than 700. That often puts them into a category where they don’t qualify for traditional financing.

Acima will give them credit from 500–5000.

Acima won fastest growing company in Utah in 2019.

Why?

Technology. Acima has instant approval technology and from the looks of it, a much more modern tech stack.

The idea is that Acima has 15,000 merchant partners. No on really wants to go to Rent-A-Center, they go because they have to. But having a different finance option as a normal merchant doesn’t have the same stigma. …

About

Joshua Dance

Code, design, cook. Make stuff. Cookies. @BYU grad.

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