CNBC
Former Goldman co-president Jon Winkelried and Alphabet venture partner join fintech start-up MX
By Hugh Son
February 10, 2021

Excerpts:

Former Goldman Sachs co-president Jon Winkelried and a partner from Alphabet’s private equity fund CapitalG are joining the board of fintech data start-up MX to help scale up its business ahead of a possible IPO, CNBC has learned.

Winkelried, who has been co-CEO of TPG since 2015, is joining MX after the private equity firm led a $300 million funding round in the company last month that valued the start-up at $1.9 billion. Winkelried left Goldman in 2009.

MX is one of a handful of emerging companies that aim to help the U.S. financial industry catch up to technology giants in providing better user experiences ...  MX also helps clients glean insights from customers’ transaction data. The Lehi, Utah-based company says it has more than 2,000 banking and fintech clients and is used by 85% of digital-banking providers.

Read the full article here.