MX, the world leader in unified financial data, announced today at FinDEVr that it has released Atrium, a next-generation API allowing organizations to access a user's transactional data across multiple financial institutions.
Built upon the strengths of the MX platform — the largest number of connections to financial institutions, connectivity that is redundant and reliable via its patented aggregation routing and best-in-class cleansing and categorization — Atrium gives fintech developers unprecedented breadth and quality in transactional data.
"MX helps empower the world to be financially strong. Providing fintech startups with the most powerful, comprehensive, easy and cost effective aggregation API is a big part of that mission," said MX Founder and CEO Ryan Caldwell. "Fintech developers now have the aggregation and data quality they've always wanted and best of all, they can get up and running with MX in a matter of minutes at an extremely attractive price point."
Atrium provides easy-to-read documentation and a quick sign-up process. Within minutes a developer can call the MX Atrium sandbox API and build integrations to test and pilot with up to 100 users for an unlimited amount of time. Once a developer selects the MX Atrium API to power their application, they can provide a credit card for monthly billing and get started without having to interact with sales.
"Everything we've done is with the developer in mind," said MX CTO Brandon Dewitt, who was recently named CXO of the Year by Utah Business. "Developers expect access to multiple data points through a single API, reliable uptime, account authorization in seconds and code that doesn't bloat their application. We've paired all of that with documentation that is easy to read and a pain free signup process."
The Atrium API will power a host of MX clients as they deliver innovative applications. These include GoldBean, an online investing platform that helps people start their investment journey with companies and brands they buy; Spent, which automates business expense data capture, processing and reporting; My Money My Future, a personal financial management platform for underserved millennials which guides them through important financial decisions; and Aquila, a data-driven, credit matching platform for small business borrowers and alternative credit lenders.
"We are thrilled to be incorporating Atrium into our platform," said Jane Barratt, Founder & CEO of GoldBean. "Great data is critical to our business and MX provides this with cutting edge APIs and brilliant service."