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Vexi issues and processes credit cards managed through a mobile app.
Founded in 2016, Vexi issues credit cards in Mexico City, Mexico, including a Vexi American Express® Card designed for people with limited or no credit history. Its app lets users manage transactions, card settings and purchase limits. In February 2023, it raised USD 8.05 million in Series A funding from Magma Partners, including Alpha4 Ventures, Noa Capital Partners, Pomona Impact, Rebalance Capital, and Redwood Ventures.
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