When was MXNEY founded?

MXNEY was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is MXNEY located?

MXNEY is headquartered in Copenhagen, Denmark. It is registered at 47, Mimersgade, København N, 2200.

How many employees does MXNEY have?

As of Aug 31, 2026, the latest employee count at MXNEY is 20.

Is MXNEY a funded company?

MXNEY is a funded company, having raised a total of $7.75M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2020.

When was the latest funding round of MXNEY?

MXNEY's latest funding was a $***** Seed round on 2023, with participation from 1 investor. Its primary sector is E-Commerce Enablers. Globally, the E-Commerce Enablers sector has seen $2.48B in funding in 2026 to date.

Where does MXNEY rank among its competitors?

MXNEY ranks 4th amongst 6 active competitors, of which 3 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Klarna, which secured $1.63B in Aug, 2025.

Who are the top competitors of MXNEY?

MXNEY's top competitors include Klarna, ViaBill and ANYDAY. Among them, Klarna secured the most recent funding round in August, 2025.

MXNEY - 2026 Company Profile, Team, Funding, Competitors & Financials

MXNEY is a seed company based in Copenhagen (Denmark), founded in 2020 by Mads Andreas Olesen and Morten Askekilde. It operates as an Online fundraising platform for startups. MXNEY has raised $7.75M in funding from People Ventures. The company has 6 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Klarna, ViaBill and ANYDAY.

Company Details

Online fundraising platform for startups. The platform lets businesses get funded with a cash payout or through the growth packs. Founders can register their businesses and get funded from investors or through growth packs using the platform.

Website: www.mxney.io/
Registered Address: 47, Mimersgade, København N, 2200

Key Metrics

Founded Year

2020

Location

Copenhagen, Denmark

Stage

Seed

Total Funding

$7.75M in 2 rounds

Latest Funding Round

Seed, 2023, $*****

Investors

People Ventures & 1 more

Ranked

4^th among 6 active competitors

Employee Count

20 as on Aug 31, 2026

Investment & Acquisitions

Leadspin

Similar Companies

Klarna & 45 more

View MXNEY's full profile

MXNEY is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MXNEY Finance ApS CIN: 43390821 , Denmark, Active	Jul 12, 2022	-	4 (As on Apr 30, 2026)
MXNEY APS CIN: 41086661 , Denmark, Active		-	-

MXNEY has raised a total funding of $7.75M over 2 rounds. Its first funding round was on 2020. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. MXNEY has 2 institutional investors.

Here is the list of recent funding rounds of MXNEY:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	1407	Seed	9236	6192	7654	2072
2020	1430	Seed	1201	7731	2478	9540

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View details of MXNEY's funding rounds and investors

The founders of MXNEY are Mads Andreas Olesen and Morten Askekilde.

Here are the details of MXNEY's key team members:

Mads Andreas Olesen: Founder & CEO of MXNEY.
Morten Askekilde: Co-Founder of MXNEY.

View details of MXNEY's Founder profiles and Board Members

MXNEY's employee count trend

MXNEY has 20 employees as of Aug 26. Here is MXNEY's employee count trend over the years:

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Top competitors of MXNEY include Klarna, ViaBill and ANYDAY. Here is the list of Top 10 competitors of MXNEY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Klarna 2005, Stockholm (Sweden), Public	Developer of an online platform for point-of-sale financing	$4.19B	Sequoia Capital, Silver Lake & 139 others	84/100
2nd	ViaBill 2009, Risskov (Denmark), Series B	Online platform for point of sale financing	$132M	BlackFin Capital Partners, Fasanara & 4 others	65/100
3rd	ANYDAY 2020, Aarhus (Denmark), Seed	Payments splitting solution for consumers	$4.44M	Inventure, Visa & 7 others	40/100
4th	MXNEY 2020, Copenhagen (Denmark), Seed	Online fundraising platform for startups	$7.75M	PSV Deeptech, People Ventures	37/100
5th	Scanrate Financial Systems 1986, Aarhus (Denmark), Acquired	Provider of financial services	-	-	22/100
6th	Michael Olsen & Partnere 1987, Ballerup (Denmark), Unfunded	Provider of auditing and of financial services	-	-	20/100