About Credex
Credex was a Financial Services company based in Guadalajara (Mexico) founded in 2002. It offers microcredit services to low-income individuals. It operates on a B2C model. Credex has raised $1 million across 1 funding round from investors including Unitus. The company is recorded as dissolved. Its focus areas include Finance, Banking, Microfinance and Credit Services. Its competitors include Compartamos Banco, Gentera and Came.
Company details
Credex operates with a B2C model, focusing on finance, banking, microfinance, and credit services. Offers microcredit services to low-income individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Guadalajara, Mexico
- SectorsFinancial Services
- Website credex.com.mx
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Sep 2006
- Investors
Funding Insights of Credex
Credex has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in September 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Sep 2006)
- Investors Count 1
All 1 funding rounds of Credex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2006 | $1M | Seed | – | – |
1 investors in total: 1 institutional.
Investors in Credex
Credex has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Unitus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is directed toward social impact investments. | unitus.com | Seattle, United States |
Investor details for Credex
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Timeline of Credex
2 dated milestones of Credex across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Credex is founded.
- Funding First funding round of $1.0M.
Competitors of Credex
Credex has 3 listed competitors in our database. They include Compartamos Banco, Gentera and Came.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| compartamos.com.mx | 2001 | Tepic, Mexico | Microfinance loans and banking services are provided to low-income Mexicans. | |||
| gentera.com.mx | 1990 | Mexico | Microcredit is extended to individuals and businesses in Mexico. | |||
| came.org.mx | 1985 | Benito Juarez, Mexico | Microcredit is extended to low-income individuals and businesses. |
Detailed competitors of Credex
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Related news about Credex
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Frequently Asked Questions about Credex
Credex was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Credex is headquartered in Guadalajara, Mexico. It is registered at Guadalajara, Jalisco, Mexico.
Credex is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Sep 2006.
Credex operates with a B2C model, focusing on finance, banking, microfinance, and credit services. Offers microcredit services to low-income individuals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
Credex's top competitors include Compartamos Banco, Came and Gentera.
Credex has 1 investor. Key investors include Unitus.