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Nexu raises $20m in Series B funding

Mexico City based provider of financing solutions to car dealerships in Mexico raised $20m in Series B funding led by Valor Capital Group.

Nexu provides a platform complements the current systems and products at car dealerships and allows them to offer a digital and real-time financing experience to car buyers. With its proprietary credit and risk scoring system, the company aims to overcome the difficulties of finding car financing with favorable terms, and simplify the purchasing process.

Tags

lending, auto financing, leasing, latam, mexico