Vexi Revenue and Competitors

Ciudad de México, Mexico

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Vexi's estimated annual revenue is currently $8.9M per year.(i)
  • Vexi's estimated revenue per employee is $105,000

Employee Data

  • Vexi has 85 Employees.(i)
  • Vexi grew their employee count by 6% last year.

Vexi's People

NameTitleEmail/Phone
1
Cofounder and CEOReveal Email/Phone
2
Risk Head & CDOReveal Email/Phone
3
Empleado en prácticas de comunicaciónReveal Email/Phone
4
Analista de TesoreríaReveal Email/Phone
5
Gerente de operacionesReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$54.5M67139%$400M$1.2B
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What Is Vexi?

We are a Startup founded in 2016 with the objective of giving young Mexicans access to the financial system using technology in our favor, to create efficient, accessible and transparent processes. All this through our own credit card, which is completely managed through our application. Easy, fast and without checking income. So you never have to make a line in a bank again. We want ALL Mexicans to have and learn to use a credit card, managed completely from our application. DID YOU KNOW? Only 9% of transactions in Mexico are generated through a credit card, while the International average is 35%? Among other reasons, this is caused by: - The inefficiency and bureaucracy of our current financial system, which closes the door to a large percentage of the population that does not meet their requirements or does not earn enough to be profitable. - Distrust on current institutions, their lack of transparency and prolonged processes and a deep deficiency in their service. "... Access to credit is a key link between economic opportunity and economic performance: By training individuals and families to cultivate economic opportunities, financial inclusion can be a powerful agent for strong and inclusive growth." - Christine Lagarde (2015) MISSION: To be an agent of change for our clients, using technology to provide, in an innovative way, flexible, transparent and safe financial products that give them access to the financial culture and system. VISION: We want to revolutionize financial inclusion in Latin America by bringing our clients to diverse economic opportunities; supporting the inclusive growth of the ecosystem and positioning ourselves as the leading company in financing options based on technology.

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Total Funding

85

Number of Employees

$8.9M

Revenue (est)

6%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Vexi News

2022-03-30 - ¿Sigues en buró? Te decimos qué tarjetas de crédito puedes solicitar sin que te revisen

Vexi. Esta tarjeta de crédito está afiliada a American Express y Carnet, por lo que es aceptada a nivel internacional, además de que si...

2022-03-30 - The Brief: Today's Call: political risk, celebrity impact in ...

Vexi snags $24 million from investors, including Village Capital and Pomona Impact, to improve financial services for underbanked people in...

2022-03-30 - The Week in Impact Investing: Perseverance

Vexi snags $24 million to improve financial services for underbanked people in Mexico… GrowSari raises an additional $32.5 million to...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$14.3M1065%N/A
#2
$12.9M1177%N/A
#3
$1.7M12815%N/A
#4
$14.3M13645%N/A
#5
$19.6M170-16%N/A