Proven SaaS sales leader brings powerful experience to fast-growing tech company
SILICON SLOPES, Utah, Nov. 11, 2015 — MX, a fintech company that makes it possible for banks and credit unions to win their competitor’s most profitable account holders, announced its newest member of the executive team, Eric Fearday. Fearday will serve as the executive vice president of worldwide sales and partnerships focused on accelerating business growth with tactical operational precision. As a top executive in the enterprise SaaS space, Fearday will be instrumental in furthering the mission, message and growth of MX within the financial services industry. Fearday’s 17 years of executive management and sales expertise with billion-dollar technology companies and agile start-ups make him an impressive force, propelling MX forward.
“When it comes to guiding a highly successful startup through extreme accelerating growth toward a billion-dollar plus enterprise, Eric has one of the best track records in SaaS. He has demonstrated his expertise in sales management, shares our intense ambition for accomplishing MX’s mission, and has the critical knowledge and experience to deliver substantial impact on the company as a whole,” said Ryan Caldwell, Founder and CEO of MX. “We are honored for Fearday to join the MX team. Eric will clearly help MX deliver even more value for our partners and clients.”
Previous to joining the MX team, Fearday spent 15 years at two of the top five largest business software companies in the world: SAP and Oracle. At SAP, Fearday built and managed the Big Data sales team ecosystem and overall strategy, business relationships and customer satisfaction initiatives. Previous to SAP, Fearday spent 11 years at Oracle in sales management, focused on business intelligence and analytics. Most recently, for the Americas, he led the sales force at DataStax to eclipse all current records for hyper-revenue growth within SaaS.
“We are entering a new era of innovation within financial services, and the changes we are going to see in the next five to ten years will be as profound to this industry as the pre- and post-electricity eras were to modern day life,” Fearday said. “This is an extremely exciting time, and I feel very fortunate to be working on the leading edge of this disruption with MX and its executive team. This is an organization that is prime for great execution and immense impact as they’ve combined the right talent, with the right product, for the right industry.”
MX enables banks and credit unions to achieve record breaking growth by winning their competitor's most profitable account holders. As one of the fastest-growing fintech providers, MX drives customer-centric banking relationships by gathering and providing data upon which online and mobile banking partners and financial institutions can create and deliver next generation banking applications and solutions.
Founded in 2010, MX delivers data aggregation, data cleansing, auto-categorization, classification, money management, custom API, data analytics, marketing, UI and more. In addition, MX offers an extensive array of client services, ranging from training to custom marketing services. MX currently partners with more than 600 financial institutions and more than 30 digital, online and mobile banking providers — designating MX as a proven powerhouse in the fintech space.