Vexi was founded by Salvador Michel, Gabriela Estrada.

Who are Vexi's investors?

Vexi's investors include Accial Capital, Capria Ventures, Cats.vc, Finnovista VC, Magma Partners, Rebalance Capital Ventures, Redwood Ventures, Pomona Impact and 1 more.

How much funding has Vexi raised?

Vexi has disclosed $8M raised across 1 round.

Where is Vexi headquartered?

Vexi is headquartered in Mexico City, MX.

Vexi

Mexico City, MX · 9 known investors

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Vexi is a Mexican credit card issuer offering a consumer credit card (including a Vexi American Express card) with cashback, interest-free installment purchases, and card controls through its app. It is registered with Mexico's CNBV and regulated by PROFECO, serving adult consumers residing in Mexico.

Consumer Fintech

Founders & leadership

Salvador MichelCo-Founder / CTO

Gabriela Estrada Cofounder and CEOGabriela Estrada has 22 years of experience in financial services, including 9 years in transactional banking in leadership roles and 7 years in entrepreneurship; she is Cofounder and CEO of Vexi, a Mexican credit card issuer.

Investors · 9

Accial Capitallisted by Accial CapitalMiami

How we know: Accial Capital's portfolio page · funding news · Not right? Tell us

Capria Ventureslisted by Capria VenturesSeattle · $300K – $1M

Cats.vclisted by Cats.vcVilnius · $200K – $500Kvia Yakov Kop · inferred

How we know: Cats.vc's portfolio page · Not right? Tell us

Finnovista VClisted by Finnovista VCCiudad de México

How we know: Finnovista VC's portfolio page · Not right? Tell us

Magma Partnerslisted by Magma PartnersAustin

How we know: Magma Partners's portfolio page · a partner's Signal profile · funding news · Not right? Tell us

Rebalance Capital Ventureslisted by Rebalance Capital VenturesNew York

How we know: a partner's Signal profile · Not right? Tell us

Redwood Ventureslisted by Redwood VenturesGuadalajaravia Ian Paul Otero · inferred

How we know: Redwood Ventures's portfolio page · funding news · Not right? Tell us

Pomona ImpactreportedAntigua

How we know: funding news · Not right? Tell us

Village CapitalreportedWashington · $50K – $400K

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$8M disclosed across 1 round · 2023

$8MraisedFeb 2023 · 3 sources
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

StripeStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.

ConektaConekta offers an online payment platform for businesses in Mexico, letting merchants generate shareable payment links from a dashboard or API to collect one-time or recurring payments via card, cash, transfer, wallets, BNPL, and installments. It includes fraud protection, customizable checkout, and a consolidated panel for reports, payment status, and recurring billing.

ComunComún is a mobile financial platform for immigrants and the Latino community in the U.S., offering a U.S. checking account and debit card that can be opened without an SSN using a passport or official ID. It lets users receive pay, manage money, and send remittances to Latin America with no membership fees, minimum balance, or monthly charges.

StoriStori offers a mobile app with consumer financial products in Mexico, including a no-annual-fee credit card with up to 10% cashback, an interest-bearing debit account, and personal loans. It serves Mexican consumers and reports over 5 million users.

NeatPagosNeat is a Chilean bill-payment platform that lets users centralize and pay their bills with credit, debit, or prepaid cards, choosing to pay in pesos, UF, or UTM and in up to 24 installments. It offers a loyalty program (NeatPoints), scheduled payments and reminders, and serves consumers managing recurring monthly payments in Chile.

Companies working in the same space as Vexi.

In the news

Vexi Raises $8M to Expand Access to Credit in Mexico | PYMNTS.compymnts.com · Feb 2023

Neobank Vexi raises millions to offer young Mexicans lower interest rate credit cards | TechCrunchtechcrunch.com · Feb 2023

Frequently asked questions

What does Vexi do?: Vexi is a Mexican credit card issuer offering a consumer credit card (including a Vexi American Express card) with cashback, interest-free installment purchases, and card controls through its app. It is registered with Mexico's CNBV and regulated by PROFECO, serving adult consumers residing in Mexico.
Who founded Vexi?: Vexi was founded by Salvador Michel, Gabriela Estrada.
Who are Vexi's investors?: Vexi's investors include Accial Capital, Capria Ventures, Cats.vc, Finnovista VC, Magma Partners, Rebalance Capital Ventures, Redwood Ventures, Pomona Impact and 1 more.
How much funding has Vexi raised?: Vexi has disclosed $8M raised across 1 round.
Where is Vexi headquartered?: Vexi is headquartered in Mexico City, MX.