Vixtra, a fintech company based in São Paulo, Brazil, has successfully secured million in funding through a combination of debt and equity. This funding round included a million USD debit facility with asset managers such as Capitânia, Verde, Credit Saison, and Contea, as well as a million seed extension funding.
The company plans to utilize these funds to further develop its technology and broaden its range of financial and technological solutions to meet the needs of a larger group of importers. Co-founded by Co-CEOs Leonardo Baltieri and Guilherme Rosenthal, along with Commercial Director Caio Gelfi, Vixtra specializes in providing credit for importers and financial management technology for international trade. Their innovative financial solutions offer access to special credit using cargo in transit, eliminating the need for traditional collateral such as receivables and other assets.
Since its establishment in 2021, Vixtra has already raised .5 million in equity through seed and seed extension rounds, with investments from Valor Capital, QED Investors, NXTP, Endeavor Scale-Up Ventures, Actyus, angel investors, and debt capital.
This latest funding round signifies a significant milestone for Vixtra as it continues to expand and enhance its offerings in the fintech sector.
Date: 24/04/2024
