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.