mx51 is a specialist white-label bank-focused payment technology provider, emerging out of leading payment technology provider Assembly Payments. As the first Australian fintech to develop a bank-grade, modern, Payment as a Service platform, mx51’s deep knowledge of merchant acquiring and scalable payments technology helps banks thrive globally in a disruptive world.
mx is short for merchant experience, as we're obsessed with building products centred around merchants and their customers. The number 51 is synonymous with cutting edge innovation and technological breakthroughs. mx51 reflects our focus on technology, innovation and the merchant experience.
Project 51 established
Project 51 architecture design established
In-store payments prototype built
Patent application filed for in-store