Mx51: Appoints COO, CPO as co-founders

Mx51: Appoints COO, CPO as co-founders

  • mx51 is the first Australian fintech to develop a bank-grade, modern, end-to-end Payment as a Service platform
  • Appointed Chief Operating Officer Magnus Hsu and Chief Product Officer Steven Hadley as co-founders of the business
  • The appointment marks a recognition of the instrumental roles both Hsu and Hadley played in reaching processing over $1 billion transactions
  • Hsu, a former quantum physicist that worked with Nobel Laureate William Moerner and later a Westpac executive
  • Hadley, a former technology specialist and key figure in the launch of CBA’s Albert terminal, created the prototype solution
  • The pair join CEO Victor Zheng as co-founders in the company while retaining their other role within the business
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...