When was Vexi founded?

Vexi was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Vexi located?

Vexi is headquartered in Mexico City, Mexico.

Who is the current CEO of Vexi?

Gabriela Estrada of Vexi. They have also founded 1 company.

How many employees does Vexi have?

As of Jun 30, 2026, the latest employee count at Vexi is 94.

Is Vexi a funded company?

Vexi is a funded company, having raised a total of $32M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 13, 2018.

When was the latest funding round of Vexi?

Vexi's latest funding was a $***** Conventional Debt round on Apr 30, 2025, with participation from 1 investor.

Where does Vexi rank among its competitors?

Vexi ranks 2nd amongst 3 active competitors, only 1 of which is funded. Vexi, which secured $15.3M in Apr, 2025.

Who are the top competitors of Vexi?

Vexi's top competitors include American Express, NanoPay and Falabella. Among them, Vexi secured the most recent funding round in April, 2025.

Vexi - 2026 Company Profile, Team, Funding & Competitors

Vexi is a series A company based in Mexico City (Mexico), founded in 2016 by Carlos Franco, Cinthia Merlos, Gabriela Estrada, Salvador Michel and Gustavo Blasquez. It operates as an App-based credit card provider. Vexi has raised $32M in funding from Magma Partners and Finnovista. The company has 3 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like American Express, NanoPay and Falabella.

Company Details

App-based credit card provider. Customers need to apply online to be assigned a credit limit, which can be used online as well as offline. The Vexi mobile app allows customers to manage and customize expenses easily, check cut and payment dates, and review details of charges and commissions.

Website: www.vexi.mx/
Social
Email ID: *****@vexi.mx

Key Metrics

Founded Year

2016

Location

Mexico City, Mexico

Stage

Series A

Total Funding

$32M in 8 rounds

Latest Funding Round

Conventional Debt, Apr 30, 2025, $*****

Investors

Magma Partners & 14 more

Ranked

2^nd among 3 active competitors

Employee Count

94 as on Jun 30, 2026

Similar Companies

American Express & 154 more

View Vexi's full profile

Vexi has raised a total funding of $32M over 8 rounds. Its first funding round was on Sep 13, 2018. Its latest funding round was a Conventional Debt round on Apr 30, 2025 for $*****. 1 investor participated in its latest round. Vexi has 15 institutional investors.

Here is the list of recent funding rounds of Vexi:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 30, 2025	6590076	Conventional Debt	7193037	6085194	1739079	9222166
Feb 16, 2023	9229744	Series A	9351934	8467044	5573063	alpha4ventures & 4 more
Mar 21, 2022	1704320	Series A	9318530	5301766	Magma Partners	alpha4ventures & 3 more

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View details of Vexi's funding rounds and investors

The founders of Vexi are Carlos Franco, Cinthia Merlos, Gabriela Estrada, Salvador Michel and Gustavo Blasquez.

Here are the details of Vexi's key team members:

Carlos Franco: Co-Founder & COO of Vexi.
Contact Info: 1 email address
Cinthia Merlos: Chief Operating Officer | Co- Founder of Vexi.
Gabriela Estrada: Cofounder And Ceo of Vexi.
Salvador Michel: Co-Founder / Chief Technology Officer of Vexi.
Gustavo Blasquez: Founder of Vexi.

View details of Vexi's Founder profiles and Board Members

Vexi's employee count trend

Vexi has 94 employees as of Jun 26. Here is Vexi's employee count trend over the years:

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Top competitors of Vexi include American Express, NanoPay and Falabella. Here is the list of Top 10 competitors of Vexi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	American Express 1850, New York City (United States), Public	Online comparison portal of financial products for individuals and businesses	-	Black Capital Investments, B Capital Fund ... & 4 others	84/100
2nd	Vexi 2016, Mexico City (Mexico), Series A	App-based credit card provider	$32M	Redwood Ventures, Noa Capital Partners & 13 others	57/100
3rd	NanoPay 2020, Cuauhtemoc (Mexico), Deadpooled	Online payments and credit cards for individuals	-	-	34/100
4th	Falabella 2005, Leon (Mexico), Unfunded	Credit cards for individuals	-	-	31/100
5th	Layabit 2022, Mexico City (Mexico), Deadpooled	Credit card for university students with credit history builder	-	-	15/100