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.
Is currently operating in Mexico and have recently surpassed US$8M revenue ARR. They closed last year $8M in funding, plus a previous $20M credit facility to continue boosting their growth, as in the last 12 months Vexi double in revenue, reached a +$10M loan book and 2.5M applications to its cards, with positive unit economics.