Company Information

Get to know mx51

mx51 was founded in 2020 as a spin-off from Assembly Payments to bridge the technology gap between traditional banks, acquirers, and the modern merchant experience. The company provides a bank-grade, cloud-native platform that unifies terminal, in-store, and online payment services, allowing financial institutions to better serve their business clients and compete with fintechs. In June 2023, mx51 was acquired by its former parent company, Assembly, which is majority-owned by Westpac, to strengthen the bank's merchant payment offerings.

Industry

Financial PSP GatewayPRIMARY
Financial Other Service
Financial Payment

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mx51

Australia

Founded in

3月 2020 (6 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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Regulated

Recommended

(77 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.