US EditionVexi raises $15.3M to strengthen financing capacity
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Vexi raises $15.3M to strengthen financing capacity
Mexican fintech Vexi secured a $15.3M credit line from Banco Covalto. Vexi helps underbanked, lower-middle-class consumers build credit histories by offering credit cards. Vexi will use the funds to expand its credit offerings and reach more users, especially those who have not had access to traditional financial products. “This loan is tailor-made: it recognizes the quality of our portfolio, the technology we developed to originate and evaluat…
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