MX Technologies, a Lehi-based business analytics and data solutions for platform for financial institutions, has named Shane Evans as the company’s first president, reporting to founder and CEO Ryan Caldwell. In his expanded role, Evans will oversee the company’s sales, partner, marketing, customer success and advocacy organizations.
“Since joining MX in 2019, Evans has played an increasing role in advancing how MX builds and scales its team, initially as chief revenue officer, but quickly having a critical impact across the entire company,” said Caldwell. “MX is on a hyper-growth trajectory, doubling its customer base, revenue and team size. Shane has the leadership, operational excellence and shared MX vision to scale the business to the next level for our customers, partners and team.”
MX is experiencing rapid year-over-year growth and recently raised $300 million in Series C funding, led by TPG and CapitalG, Alphabet’s independent growth fund, Caldwell said.
“MX is transforming the way consumers and businesses interact with their finances,” said Evans. “I’m humbled and excited for this new opportunity to continue to scale the business and help organizations everywhere connect to the world’s financial data. Financial data is the key to unlocking and powering the world’s most innovative new experiences and products, from payments and money movement to financial identity and insights.”