Vixtra Raises $36M to Expand Financial Solutions for Importers
Vixtra Raises $36M in Debt and Equity Funding
Vixtra's Debt and Equity Funding
Key Highlights:
- Funding Details: Vixtra, a fintech company based in São Paulo, Brazil, raised $36 million in debt and equity funding.
- Debt Facility: Secured a $30 million USD debit facility with asset managers including Capitânia, Verde, Credit Saison, and Contea.
- Seed Extension Funding: Raised an additional $6 million in seed extension funding.
- Technology Investment: Funds will be used to invest in technology and expand the range of financial and technological solutions for importers.
Vixtra's Target Market
- Importers and International Traders: Importers and businesses involved in international trade seeking credit and financial management solutions.
- Companies with Cargo in Transit: Businesses with cargo in transit that can be used as collateral for accessing special credit without impacting other lines of credit or financing.
- Financial Institutions and Asset Managers: Partnerships with asset managers and financial institutions to provide credit facilities and investment opportunities.
What Vixtra Needs to Buy
- Technology Development: Collaborations with technology providers to enhance and expand their financial management technology solutions.
- Partnerships with Asset Managers: Expanding partnerships with asset managers and financial institutions to provide more diverse funding options for importers.
- Marketing and Sales Support: Services to support marketing and sales efforts, reaching a wider array of importers and businesses involved in international trade.