MXNEY Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Out of Business

  • Employees
  • 16

Employees

  • Latest Deal Type
  • Liquidation

MXNEY General Information

Description

Operator of a business-to-business funding platform intended to support e-commerce startups. The company's platform provides capital to startups without taking any equity or charging any interest on the funding, they only take a percentage of the daily sales of the startup until the financing is repaid, enabling e-commerce businesses to receive and repay the capital easily.

Contact Information

Website
www.mxney.io
Formerly Known As
MONEY ApS, MXNEY.io ApS
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • Mimersgade 47, 3rd floor
  • 2200 Copenhagen
  • Denmark
+45 41
Primary Industry
Specialized Finance
Other Industries
Private Equity
Vertical(s)
E-Commerce, FinTech
Corporate Office
  • Mimersgade 47, 3rd floor
  • 2200 Copenhagen
  • Denmark
+45 41

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MXNEY Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Bankruptcy: Liquidation 08-Jul-2024 Completed Bankruptcy: Liquidation
4. Early Stage VC 30-Oct-2023 Completed Generating Revenue
3. Seed Round 01-Oct-2022 Completed Generating Revenue
2. Debt - General $3.41M Completed Generating Revenue
1. Seed Round 22-Dec-2020 $3.41M $3.41M Completed Generating Revenue
To view MXNEY’s complete valuation and funding history, request access »

MXNEY Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Ordinary
Ordinary 4,640 $152.6 $152.6 1x $152.6 7.69%
Ordinary 1,740 $67.86 $67.86 1x $67.86 2.88%
To view MXNEY’s complete cap table history, request access »

MXNEY Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a business-to-business funding platform intended to support e-commerce startups. The company's platform prov
Specialized Finance
Copenhagen, Denmark
16 As of 2024

London, United Kingdom
 

Toronto, Canada
 
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MXNEY Competitors (6)

One of MXNEY’s 6 competitors is Uncapped, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Uncapped Venture Capital-Backed London, United Kingdom
Clear Finance Technology Venture Capital-Backed Toronto, Canada
Qred Private Equity-Backed Stockholm, Sweden
Outfund Venture Capital-Backed London, United Kingdom
Juni Venture Capital-Backed Gothenburg, Sweden
To view MXNEY’s complete competitors history, request access »

MXNEY Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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MXNEY Acquisitions (1)

MXNEY’s most recent deal was a Merger/Acquisition with LeadSpin. The deal was made on 12-Dec-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
LeadSpin 12-Dec-2023 Merger/Acquisition Business/Productivity Software
To view MXNEY’s complete acquisitions history, request access »

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MXNEY FAQs

  • When was MXNEY founded?

    MXNEY was founded in 2020.

  • Where is MXNEY headquartered?

    MXNEY is headquartered in Copenhagen, Denmark.

  • What is the size of MXNEY?

    MXNEY has 16 total employees.

  • What industry is MXNEY in?

    MXNEY’s primary industry is Specialized Finance.

  • Is MXNEY a private or public company?

    MXNEY is a Private company.

  • What is MXNEY’s current revenue?

    The current revenue for MXNEY is .

  • How much funding has MXNEY raised over time?

    MXNEY has raised $10.8M.

  • Who are MXNEY’s competitors?

    Uncapped, Clear Finance Technology, Qred, Outfund, and Juni are some of the 6 competitors of MXNEY.

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