B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Aging

9%

9% -- customer churn rate for MX PFM and Insights users (2024)

2024  · MX

Financial institutions and fintechs that leverage MX PFM and Insights experience a 9% customer churn rate.

  • Compared against an industry average churn rate of 10-15%
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Attribution: MX View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
9%
Unit
Percentage
Data Vintage
2024
Entity
MX PFM and Insights users
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

60/100 confidence

Single source - not yet corroborated

Extraction
95
Source Trust
60
Citation Chain
60
Independence
30
Methodology
45
Freshness
95
MX Primary Tier A
https://www.mx.com/blog/what-is-pfm/ ↗
Confidence: 63/100 Vintage: 2024 Channel: Deep Crawl
Source Article
What Is PFM? Benefits and Use Cases of Personal Financial Management
Why Financial Wellness Starts with Account Aggregation May 20, 2026 | 3 min read Blog Copied Feb 23, 2024|0 min read The biggest source of stress for a majority of consumers is money. Earning, spending, saving, or even just thinking about money can cause anxiety. In fact, MX’s latest survey of 1,000…
Original Research
MX · Original study ↗

MX research and analysis; industry average stated as 10-15% (midpoint 12.5%)

Methodology documented
Industrymarketing
Plain Text
MX PFM and Insights users: 9% customer churn rate. Source: MX (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/pfm-churn-rate-mx
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<blockquote cite="https://lighthousedata.io/data/pfm-churn-rate-mx" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>9%</strong> -- customer churn rate for MX PFM and Insights users<br><small>Source: MX (2024) · <a href="https://lighthousedata.io/data/pfm-churn-rate-mx" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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