accent graphic
News
accent graphic
Back to News

MX Named to 2020 CB Insights Fintech 250

September 4, 2020|1 min read

CB Insights named MX to its third annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. MX was named alongside 15 other fintechs in the Core Banking & Infrastructure category.


“We're proud to, once again, recognize the 250 best, private fintech companies globally,” said CB Insights CEO Anand Sanwal. “This year's Fintech 250 represents 25 countries and spans 19 categories -- reimagining everything from retail banking and crypto, to insurance and asset management. The previous Fintech 250 class raised more than $22 billion in investor financing and saw more than 20 exits after being recognized, and we expect this year's class will have similar success as they continue to transform how people and businesses spend, save, borrow, and invest their money.”


Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of 16,000 companies, including applicants and nominees, based on several factors. These factors include patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.


Click here to see the full Fintech 250 chart.
accent graphic
close-btn
cookie icon

We and our vendors use cookies and other technologies for various purposes, including to help improve your experience on our site, to record how you use the site, and for advertising purposes. By using the site, you agree to this. If you would like to limit some of our use of these technologies, including to record how you use the site and for advertising purposes, please click here.


We will continue to use technologies needed to provide site functionality and for other purposes as noted in our Cookie Policy and Privacy Statement.