Neobank Vexi

Mexicofintech

Vexi is a Mexican neobank that provides credit cards with lower interest rates to young and underbanked individuals. It addresses the low credit penetration in Mexico, where less than 20% of the population has access to credit and only an estimated 10% have credit cards. The company offers high approval rates for credit cards, targeting young Mexicans and underbanked families. Vexi has raised millions in funding and aims to become the Capital One of Latin America.

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