U.S.-based money experience company MX announced on Friday it has appointed Brian Kinion as its new chief financial officer. The company revealed that Kinion will oversee the company’s finance organization, including investor relations, financial planning and analysis, accounting, compensation, and deal desk.
According to MX, Brian Kinion has more than 30 years of experience leading finance organizations in both public and private companies during periods of rapid growth. Most recently, Kinion was Chief Financial Officer at Upwork and lead the company’s 2018 IPO and continued growth as a public company. Speaking about the appointment, Ryan Caldwell, Founder and CEO at MX, stated;
“Brian Kinion not only brings decades of experience having taken four companies public, but also aligns perfectly with our purpose and mission-driven company. We are thrilled to welcome Brian as our Chief Financial Officer and look forward to working with him to fuel our continued growth and category expansion. Brian will partner closely with the executive team to scale MX as we help organizations around the world harness the power of data to transform their business and accelerate their growth.”
Kinion further commented:
“MX is at the center of a once in a lifetime transformation that is happening as financial institutions and fintechs harness the power of data to grow their business and transform the experience for their customers. I look forward to working closely with the entire MX team to grow the business for our customers, partners, employees, and investors, while driving transformational change in a critical industry.”
As previously reported, MX powers more than 2,000 banks, credit unions, fintechs, and technology companies, as well as 85% of digital banking providers, with a combined reach of over 200 million consumers.
“MX is the source of the data and the data enhancement engine that powers all these experiences. The latest investment will be used to help organizations everywhere automate the money experience, which means using aggregated and enhanced data to make interacting with money as intelligent and personalized as shopping on Amazon, streaming music on Spotify, or driving a Tesla.”
The company recently raised $300 million in a Series C funding round led by TPG Growth with additional participation from new and existing investors including CapitalG, Geodesic Capital, Greycroft, Cota Capital, Canapi Ventures, Digital Garage, Point72 Ventures, and Pelion Venture Partners. Ryan Caldwell, Founder and CEO at MX, spoke about the company by noting he and his team are helping financial institutions and technology companies accelerate their digital roadmaps and launch next generation services and apps that will fundamentally transform how people interact with their money.