Noticias

Noticias

***Versión en español debajo***

Antigua Guatemala, June 25, 2021 – Pomona Impact has invested $500,000 of venture debt as part of a financing round in Vexi, a fast-growing Mexican neo bank that aims to address the rising middle income population in Mexico. Vexi is one of the only Mexican players that offers credit cards instead of prepaid cards while integrating the underbanked into the formal banking system, allowing customers to build credit history.

Vexi built its proprietary tech stack during 2017 and launched its first credit card in April 2018, and has since rapidly grown its users while maintaining low delinquency rates even through the difficult circumstances caused by the COVID-19 pandemic. Access to finance for underbanked individuals is a powerful avenue for poverty reduction and economic growth – therefore, Vexi is uniquely positioned to generate significant social impact and scale quickly as one of the first movers in Mexico. 

Gustavo Blasquez, CEO of Vexi said, “Pomona invested in Vexi at a crucial time as we were preparing to launch our new credit card issued under the licence of American Express and ramp up growth leveraging the valuable benefits that it provides: free insurance for purchases and access to Buy Now Pay Later promotions.  Pomona demonstrated creativity in the structuring of this venture debt investment that addressed our needs and aligned interests.  We value their support.”

Rich Ambrose, Managing Partner of Pomona Impact said, “While we value the tech-enabled engagement with customers, high customer satisfaction, and multi-pronged growth strategy, we feel one of the biggest differentiators of the Vexi team is its vast experience in credit portfolio management – and it’s well reflected in the quality of it’s portfolio performance.” 

In combination with the credit card itself, Vexi offers a user-friendly mobile app which allows clients to see helpful reports of their transactions, allowing them to take control of their money and plan accordingly. Vexi offers extreme protection for internet purchases integrating a dynamic Digital Credit Card which can be refreshed by the customer when needed. The customer can set different amounts of authorized transactions and can turn on and off the Credit Card.

Finally, Vexi’s business model allows performing customers to increase their credit limit using a graduation scheme, incentivizing them to make repayments on time and in full. Vexi offers an accessible, lower-cost solution compared to informal lending that is typically one of the few options available for the underbanked population.  With its fast growing customer base in mind (affectionately referred to as “Vexicans”), Vexi is determined to continue innovating and improving on its offerings provided through its platform. 

 

About Pomona Impact

Pomona Impact is a multi-pronged organization that manages two investment funds and multiple acceleration programs, and aims to support the development of the entrepreneurial ecosystem in Central America, Mexico, Colombia, and Ecuador. After making more than 20 investments through its Pilot Fund, it recently launched Pomona Impact Fund II to profitably invest in small growing businesses that are generating solutions to social and environmental challenges with a focus on agricultural processing, basic goods and services, and digital economy. Through the Pomona Impact Foundation, it manages two successful accelerator/incubation programs, Green Tech Incubation program in Costa Rica  and regional AgTech Accelerator, to facilitate the development and growth of early-stage enterprises. 

For businesses interested in applying for an investment from Pomona, please submit an application here

 

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Pomona Impact Invierte en Neobanco Mexicano Vexi

Antigua Guatemala, 25 Junio 2021 – Pomona Impact ha invertido $500,000 de deuda de riesgo como parte de una ronda de financiamiento en Vexi, un neobanco mexicano de rápido crecimiento que tiene como objetivo abordar la creciente población de ingresos medios en México. Vexi es uno de los únicos jugadores mexicanos que ofrece tarjetas de crédito en lugar de tarjetas prepagas mientras integra a los sub-bancarizados en el sistema bancario formal, lo que permite a los clientes construir un historial crediticio.

Vexi construyó su pila de tecnología patentada durante 2017 y lanzó su primera tarjeta de crédito en abril de 2018, y desde entonces ha aumentado rápidamente sus usuarios mientras mantiene bajas tasas de morosidad incluso a través de las difíciles circunstancias causadas por la pandemia de COVID-19. El acceso al financiamiento para las personas que no cuentan con servicios bancarios es una vía poderosa para la reducción de la pobreza y el crecimiento económico; por lo tanto, Vexi está en una posición única para generar un impacto social significativo y escalar rápidamente como uno de los primeros promotores de la inclusión financiera en México.

Gustavo Blasquez, CEO de Vexi dijo: “Pomona invirtió en Vexi en un momento crucial mientras nos preparábamos para lanzar nuestra nueva tarjeta de crédito emitida bajo la licencia de American Express y a punto de acelerar el crecimiento, apalancado por los valiosos beneficios que brinda: seguro gratuito para compras y acceso a las promociones “Comprar ahora y pagar después”. Pomona demostró creatividad en la estructuración de esta inversión de deuda de riesgo que abordó nuestras necesidades y alineó los intereses de ambas partes. Valoramos su apoyo “.

Rich Ambrose, socio gerente de Pomona Impact dijo: “Si bien valoramos el compromiso con los clientes gracias a la tecnología, la alta satisfacción del cliente y la estrategia de crecimiento de múltiples frentes, creemos que uno de los mayores diferenciadores del equipo de Vexi es su vasta experiencia en crédito gestión de la cartera, y se refleja bien en la calidad del rendimiento de su cartera “.

En combinación con la propia tarjeta de crédito, Vexi ofrece una aplicación móvil fácil de usar que permite a los clientes ver informes útiles de sus transacciones, lo que les permite tomar el control de su dinero y en consecuencia, planificar sus gastos. Vexi ofrece una protección extrema para las compras por Internet integrando una Tarjeta de Crédito Digital dinámica que el cliente puede actualizar cuando sea necesario. El cliente puede establecer diferentes cantidades de transacciones autorizadas y puede activar y desactivar la tarjeta de crédito.

Por último, el modelo de negocio de Vexi permite a los clientes activos aumentar su límite de crédito mediante un esquema de graduación, incentivándolos a realizar los reembolsos a tiempo y en su totalidad. Vexi ofrece una solución accesible y de menor costo en comparación con los préstamos informales que suele ser una de las pocas opciones disponibles para la población no bancarizada. Con su base de clientes en rápido crecimiento en mente (a los que se hace referencia cariñosamente como “Vexicans”), Vexi está decidido a continuar innovando y mejorando sus ofertas proporcionadas a través de su plataforma.

 

Acerca de Pomona Impact

Pomona Impact es una organización de múltiples frentes que administra dos fondos de inversión y múltiples programas de aceleración, y tiene como objetivo apoyar el desarrollo del ecosistema emprendedor en Centroamérica, México, Colombia y Ecuador. Después de realizar más de 20 inversiones a través de su Fondo Piloto, recientemente lanzó Pomona Impact Fund II para invertir de manera rentable en pequeñas empresas en crecimiento que están generando soluciones a desafíos sociales y ambientales con un enfoque en el procesamiento agrícola, bienes y servicios básicos y economía digital. A través de la Pomona Impact Foundation, administra dos exitosos programas de incubación / aceleración, el programa Green Tech Incubation en Costa Rica y el AgTech Accelerator regional, para facilitar el desarrollo y crecimiento de empresas en etapa inicial.

Para las empresas interesadas en solicitar una inversión de Pomona, envíe una solicitud aquí.

Antigua Guatemala, April 30, 2021 Central American impact investment fund, Pomona Impact Fund II (“the Fund” and “Fund II”), announces its first close at USD $ 10 million to invest in Small Growing Businesses to profitably scale their impact. Existing investors in the Fund include the IDB Lab, AECID / FONPRODE, Capria Ventures along with Central American family offices and private Foundations. Pomona will continue to fundraise over the next 18 months with the goal of reaching a Fund size of $ 30 million.  

Richard Ambrose , Managing Partner at Pomona Impactsaid, “We have a great team, a robust pipeline, a well-suited investment strategy and a strong network of partners to make Fund II a success. If we do our job well, we’re confident that the Fund’s success will attract substantially more impact-oriented capital to the region and spur the growth of commercially sustainable solutions to local challenges. ”

Pomona has leveraged its years of experience investing in Central America to inform its strategy for Fund II. The Fund will focus on early growth investments opportunities in Small Growing Businesses (SGBs) in Central America, Mexico, Colombia, and Ecuador. Sectors of interest include agri-processing and light manufacturing, basic goods and services (renewable energy, water, education, housing and sanitation), and digital economy industries (fintech, logistics and ecommerce) that create scalable social and environmental impact. The Fund will invest with target ticket sizes between $ 500,000 to $ 2,000,000 and primarily use self-liquidating instruments to order to mitigate the exit risk in a region with relatively thin capital markets.

Daniel Granada , Partner at Pomona Impactsaid, ”new tech-enabled companies are emerging rapidly to provide superior services at affordable prices in the health, financial and education sectors. COVID conditions have further accelerated the development and adaptation of these companies that represent an increasingly compelling pool of investment opportunities for the Fund. ” Pomona has its finger on the pulse of technological advancements in the region as well as changing macro-economic and political shifts that impact the local business environment. Its longstanding local presences has uniquely positioned the company to be able to evaluate the risks and understand where the opportunities lie.

Susana Garcia-Robles , Senior Partner,  Capria  Venturescommented, “We are excited to support Pomona. The thriving startup ecosystem of this region deserves backing from investors like Pomona who can add real value beyond just capital, encourage cross-border presence, and maintain a collaborative approach to local founders. ”