MX partners with Boss Insights to provide small-to-medium-sized businesses (SMB) access to real-time financial business data. The access helps bridge the data gap between SMBs and their banks by accelerating the speed and accuracy of SMB lending, funding, and payments services. MX is the leader in Open Finance, and Boss Insights is a leader in business data aggregation.
Boss Insights develops technology that enables financial service providers to improve decision-making, monitoring, and the cost savings associated with financial services for SMBs and commercial organizations.
"Together, MX and Boss will empower fintechs, private lenders, and financial institutions with a platform to originate, decide, and monitor the business requests of their SMB and commercial business customers. This will help them make faster, more accurate lending, funding, and payment decisions."
Keren Moynihan, Chief Executive Officer of Boss Insights
The relationship between MX and Boss Insights provides SMB owners with a 360-degree perspective of their company clients' financial health (API) through a single application programming interface. The API enables real-time access to and integration with accounting, banking, and commerce data from over 1,000 different sources, including QuickBooks, Xero, Shopify, Stripe, and Amazon.
The partnership enables Boss Insights to securely and reliably access financial accounts on the MX financial data platform. As a result, MX clients gain better, more in-depth financial insights to manage their finances.