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mx51 provides banks and payment providers with a cloud-based Payment as a Service platform.
Founded in 2020 and based in Sydney, mx51 offers banks and payment providers a white-label, cloud-based Payment as a Service platform. Merchants can use it to manage payments and track business performance across stores, with integrations for retail point-of-sale systems. The company was co-founded by Victor Zheng and raised funding in May 2021 from Acorn Capital, Artesian, Commencer Capital, and Mastercard.
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