Victor has more than two decades of expertise in the fields of financial services, technology, and payments. Before founding mx51, he served as co-CEO at Assembly Payments. Earlier in his career, Victor held the positions of head of payments and head of transaction banking and deposits at Westpac Group.

His professional background encompasses product development, technology, and project execution, with experience at numerous financial institutions throughout the Asia Pacific region. Victor holds a bachelor’s degree in information systems from the University of New South Wales and an MBA from the Macquarie Graduate School of Management. He is married and a proud father of two young daughters.

I'm excited about working at mx51 because...

mx51 is helping banks, acquirers, and payment service providers to thrive in a disruptive world, through innovation and merchant obsession. Our next-generation Payment-as-a-Service platform was purposely designed and built from day one to be ‘bank grade’ and our journey is now entering a super exciting phase, where we are scaling in the Australian market and expanding into new markets.

Magnus leads the strategy, corporate development, finance, commercial, legal and compliance functions of mx51. Before mx51, Magnus was the general manager of strategy and commercial of Assembly Payments. Prior to that, Magnus was a director in group strategy at Westpac Group where he worked on group and business unit strategies across retail, business, wealth, and institutional banking.

Magnus was a postdoctoral fellow in physics at Stanford University and completed his PhD in physics at the Australian National University.

I'm excited about working at mx51 because...

We are challenging the status quo and creating a new industry, fintechs that provide modern payments and digital services to banks and acquirers. It’s a bit like going to the moon for the first time. We do it not because it’s easy, but because it’s hard.

Steve initiates the technological advancements at mx51 with his rich experience and diverse background. He began his journey in the ‘90s at British Telecom’s Research Labs, where he delved into product R&D.

With over 26 years of experience across various industries such as media, retail, law, banking, and gambling and gaming, Steve has worked with global companies and clients like Macquarie Bank, Foxtel, Fox Sports, Sky, Commonwealth Bank, Ericsson, Hutchison 3G, Sony, and Westpac. He now leads a team of inquisitive technology experts at mx51, encouraging them to challenge the conventional and develop cutting-edge solutions that address real customer needs.

I'm excited about working at mx51 because...

At mx51, it’s the people, the challenges, and our unique culture that set us apart. With little to no competition, we’re constantly tackling difficult and sometimes uneasy tasks. Being innovative and distinct calls for a special kind of individual, making life at mx51 both exciting and demanding. Together, we embrace the journey and thrive in our one-of-a-kind environment.

Varghese leads growth, partnerships, and marketing teams for mx51. He has over 15 years of experience spread across financial services, management consulting, and technology industries.

Before mx51, he spent close to six years at Mastercard where he was vice president, business development, and led the payments acceptance vertical growth for Mastercard’s professional services business - across Australasia. Before this, he was a consultant with the Boston Consulting Group in Perth, Australia.

Varghese holds a master’s degree in business administration from Columbia University in New York, a bachelor’s degree (honours) in electronic engineering and a bachelor’s degree in electronic engineering from the University of Pretoria, South Africa.

I'm excited about working at mx51 because...

I get the opportunity to participate in transforming payments and the banking sector. At mx51, we are uplifting the merchant experience across payments and commerce, working closely with our clients to deliver an uplift in the merchant value proposition and enhance their competitive edge.

Jo leads the People function at mx51, which includes talent acquisition, business partnering, HR operations, and people projects. With more than two decades of experience in the people and talent space, she has worked for various organisations in financial services, insurance, HR tech, and consumer products.

Jo’s enthusiasm lies in providing a unique and positive employee experience, which has a direct impact on culture, engagement, and business growth, regardless of the organisation’s size or stage. She is passionate about partnering with leaders to build and expand our business and watch our people’s growth and success.

With two young children, life is busy and most weekends you can find Jo cheering the kids on from the sidelines of a sporting game.

I'm excited about working at mx51 because...

of our exceptional and pioneering product offerings, which provide a world-class merchant experience. Additionally, our team comprises dedicated, intelligent, and humble individuals. It’s a fantastic combination to achieve success.