MFX Solutions

Founded: 2009 • Age: 17 yrs
Currency risk hedging tools are provided for microfinance lenders.
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About MFX Solutions

MFX Solutions is a company founded in 2009.. MFX Solutions has raised $13 million across 1 funding round from investors including Accion, Incofin Investment Management and USAID. The company has 9 employees as of December 31, 2022. MFX Solutions offers products and services including Hedging Products and Risk Management Education. MFX Solutions operates in a competitive market with competitors including OpenGamma, Realeyes, Moody's Analytics, Encompass and Indico Data, among others.

  • Employees 9 as on 31 Dec, 2022
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mfx Solutions, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance → →
Financial Services → FinTech & Digital Finance → →
Technology → Marketing, Adtech & Commerce Technology → →
Technology → Enterprise Software & Productivity Solutions → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13 M (USD)

    in 1 rounds

  • Latest Funding Round
    $13 M (USD), Series A

    Jul 06, 2009

  • Investors
    Accion

    & 15 more

  • Employee Count
    9

    as on Dec 31, 2022

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Products & Services of MFX Solutions

MFX Solutions offers a comprehensive portfolio of products and services, including Hedging Products and Risk Management Education. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tools for managing currency risks in investments for impact sectors

Training on currency hedging to make transactions accessible for investors

Funding Insights of MFX Solutions

MFX Solutions has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series A round of $13 million completed in July 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Series A — $13.0M
  • First Round

    (06 Jul 2009)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2009 Amount Series A - MFX Solutions Valuation

investors
Omidyar Network , Accion
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investors in MFX Solutions

MFX Solutions has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Accion, Incofin Investment Management and USAID. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Omidyar Network
Investing in technology, digital culture, governance, and business initiatives.
Founded Year Domain Location
Incofin Investment Management
Impact investing in agriculture, water access, and microfinance across emerging markets.
Founded Year Domain Location
Global Partnerships
Global Partnerships is focused on impact-first investments for poverty alleviation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Amitabh Bachchan family office
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Signite Partners
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Sixteenth Street Capital
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
GGV Capital
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MFX Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MFX Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Mfx Solutions Comparisons

Employees
+
Add Comparison
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Competitors of MFX Solutions

MFX Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OpenGamma, Realeyes, Moody's Analytics, Encompass and Indico Data, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
OpenGamma
domain founded_year HQ Location
SaaS-based solutions for derivatives risk analytics are provided.
Realeyes
domain founded_year HQ Location
AI-powered attention measurement and identity verification solutions are provided.
Moody's Analytics
domain founded_year HQ Location
Risk management software is supplied for insurance and various sectors.
Encompass
domain founded_year HQ Location
Corporate Digital Identity and KYC solutions are provided by Encompass.
Indico Data
domain founded_year HQ Location
Data processing tasks are automated via AI-driven management solutions.
iManage
domain founded_year HQ Location
Cloud-based document and risk management software is offered for enterprises.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mfx Solutions

Frequently Asked Questions about MFX Solutions

When was MFX Solutions founded?

MFX Solutions was founded in 2009.

Is MFX Solutions a funded company?

MFX Solutions is a funded company, having raised a total of $13M across 1 funding round to date. The company's 1st funding round was a Series A of $13M, raised on Jul 06, 2009.

How many employees does MFX Solutions have?

As of Dec 31, 2022, the latest employee count at MFX Solutions is 9.

What does MFX Solutions do?

MFX Solutions was founded in 2009 to address currency risks in the microfinance sector. Hedging instruments such as cross-currency swaps, forward contracts, options, and portfolio management tools are offered. These solutions support microfinance institutions, investment vehicles, investors, networks, and foundations in managing exchange rate exposures across international operations.

Who are the top competitors of MFX Solutions?

MFX Solutions's top competitors include Encompass, Indico Data and iManage.

What products or services does MFX Solutions offer?

MFX Solutions offers Hedging Products and Risk Management Education.

Who are MFX Solutions's investors?

MFX Solutions has 16 investors. Key investors include Accion, Incofin Investment Management, USAID, FMO, and BlueOrchard.

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