Vexi

Vexi

Issues, operates and processes credit cards for young people on a mission to make credit accessible.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-5 %35 %106 %33 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about Vexi
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Vexi is a financial technology company that specializes in providing credit cards designed for young professionals and first-time credit users in Mexico. Operating in the fintech market, Vexi aims to offer accessible and flexible financial solutions to a demographic often underserved by traditional banks. The company’s core product is its range of credit cards, including the Vexi American Express and Vexi Carnet, which come with various benefits such as flexible credit limits, rewards programs, and a user-friendly web application for managing accounts. Vexi generates revenue primarily through interest charges, annual fees, and transaction fees. The business model focuses on leveraging technology to provide a seamless and efficient user experience, thereby attracting a tech-savvy clientele. By offering tailored financial products and services, Vexi aims to build long-term relationships with its customers, helping them to build credit and achieve financial stability.

Keywords: fintech, credit cards, young professionals, flexible credit, rewards, web app, financial solutions, Mexico, underserved market, technology-driven.

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