Vexi The Credit Card helping Latin america's middle class build credit

Vexi is a digital bank offering a first-time credit card to help the middle class to build credit… the Capital One for Latin America.
The company built proprietary tech to help 450M underserved people in Latin America to access formal credit.
Vexi has various proprietary advantages:

1. Data: Proprietary risk models for targeting the underserved segment, with more than 5 years data, with impressive risk ratios
2. Proprietary Tech Platform for both issuing and processing cards. This eliminates dependency over 3rd parties.
3. Efficiency: 2.5M application to its cards, 180k active customers with less than $11M in raised equity… Vexi actually was able to de-risk a “cash intensive” business!