# CXC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cxc

- Industry: Financial Services
- Headquarters: Mexico City, Mexico
- Website: www.cxc.com.mx
- Total disclosed funding: $33M
- Latest round: Series A (Oct 22, 2024)
- Investors on record: 6

## About

Based in Mexico, CXC functions as a master service provider offering integrated financial solutions that enhance the efficiency and transparency of private credit transactions.CXC operates in Mexico City, Mexico, providing comprehensive financial services focusing on standardizing loan-level data across platforms. Established in 2005, the company recently raised USD 32.6 mn in Series A funding on October 22, 2024, led by Kaszek Ventures. CXC has completed a total of 1 deal to date.CXC offers a comprehensive suite of financial services designed to enhance the efficiency and integrity of private credit transactions. Central to their offerings is a fully integrated solution that standardizes and reconciles loan-level data from various sources. This process ensures uniformity while providing lenders with enhanced certainty and transparency. CXC manages a diverse portfolio that includes BNPL (Buy Now Pay Later) solutions, microloans, payroll financing, SME credit, future flows, leasing, factoring, and credit card services. Their client base spans across the Americas, with operations in key markets such as the United States, Costa Rica, Panama, Peru, and Chile. By leveraging local expertise and a deep understanding of these diverse markets, CXC effectively addresses the unique needs of lenders and borrowers alike.CXC’s revenue model is anchored in the management of over USD 10.5 bn in assets across more than 285 financing facilities. The company generates income primarily through transactions tied to the diverse range of financial products offered, such as leasing, microloans, and factoring. Clients engage with CXC by utilizing these products to secure financing, with transactions structured typically on a B2B basis, where businesses partner with CXC to optimize their credit and payment solutions. Each service is designed to address specific financial needs, facilitating seamless transactions that maintain the integrity of private credit operations. The pricing structure is designed to reflect the value provided through their flagship offerings, ensuring competitive and transparent costs for their clients.Following the recent Series A funding of USD 32.6 mn, CXC plans to expand its operations throughout Latin America and the United States. The funding will support the development of new financial products aimed at addressing a broader spectrum of private credit needs. The company anticipates launching these products in the next fiscal year, further solidifying its presence in key markets.

## Funding rounds

- Series A, Oct 22, 2024, $33M — Kaszek Ventures, Mercado Libre Fund, Quona Capital, Saison Capital, Actyus, Tantauco Ventures

## Investors

- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Series A
- Mercado Libre Fund (https://capitalatlas.ai/funds/mercado-libre-fund) — Series A
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Series A
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Series A
- Actyus (https://capitalatlas.ai/funds/actyus) — Series A
- Tantauco Ventures (https://capitalatlas.ai/funds/tantauco-ventures) — Series A