About CXC
CXC is a company based in Mexico City (Mexico) founded in 2005.. CXC has raised $40.6 million across 1 funding round from investors including MercadoLibre, Quona and Kaszek. CXC offers products and services including Private Credit Platform, BNPL Service, Microloans, Payroll Financing, and SME Credit. CXC operates in a competitive market with competitors including Teslar Software, RepOptim and Maloni, among others.
- Headquarter Mexico City, Mexico
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Sectors
Financial Services
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40.6 M (USD)
in 1 rounds
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Latest Funding Round
$40.6 M (USD), Series A
Aug 15, 2024
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Investors
MercadoLibre
& 5 more
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Employee Count
Employee Count
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Products & Services of CXC
CXC offers a comprehensive portfolio of products and services, including Private Credit Platform, BNPL Service, Microloans, Payroll Financing, and SME Credit. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Standardizes loan data for transparency in private credit operations
Enables buy-now-pay-later options for consumer financing
Provides small loans to individuals and businesses for quick access
Offers financing based on payroll data for cash flow management
Delivers credit solutions tailored for small and medium enterprises
Facilitates financing against future revenue streams
Manages leasing options for equipment and assets
Advances funds against invoices for immediate liquidity
Handles credit card transactions and related credit facilities
Funding Insights of CXC
CXC has successfully raised a total of $40.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $40.6 million completed in August 2024. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $40.6M
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First Round
First Round
(15 Aug 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Series A - CXC | Valuation | Kaszek |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CXC
CXC has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include MercadoLibre, Quona and Kaszek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors by Kaszek.
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Founded Year | Domain | Location | |
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Fintech investments focused on financial inclusion and global economic growth.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CXC
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CXC
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cxc Comparisons
Competitors of CXC
CXC operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Teslar Software, RepOptim and Maloni, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Limited information available
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| domain | founded_year | HQ Location |
Cloud-based solutions for collateral financing in securities are provided.
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| domain | founded_year | HQ Location |
Secure platform for renting, financing, and leasing mobile devices as collateral.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CXC
When was CXC founded?
CXC was founded in 2005 and raised its 1st funding round 19 years after it was founded.
Where is CXC located?
CXC is headquartered in Mexico City, Mexico.
Who is the current CEO of CXC?
Marvin A Palavicini Arce is the current CEO of CXC.
Is CXC a funded company?
CXC is a funded company, having raised a total of $40.6M across 1 funding round to date. The company's 1st funding round was a Series A of $40.6M, raised on Aug 15, 2024.
What does CXC do?
Founded in 2005 and based in Mexico City, Mexico, CXC operates in the financial technology sector. Solutions for managing collateral loans are delivered to banking and financial organizations, covering private credit processes. Services include collateral monitoring, validation, automated reporting, and data analytics to support loan operations. The focus remains on streamlining workflows for institutional clients in the region.
Who are the top competitors of CXC?
CXC's top competitors include Teslar Software, RepOptim and Maloni.
What products or services does CXC offer?
CXC offers Private Credit Platform, BNPL Service, Microloans, Payroll Financing, and 5 more products and services.
Who are CXC's investors?
CXC has 6 investors. Key investors include MercadoLibre, Quona, Kaszek, Daedalus Ventures, and Actyus.