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EFEX raises $8m in Seed funding

Mexico City and Palo Alto based global treasury and cross-border payments company for middle market companies raised $8m in Seed funding led by PayPal Ventures and Floodgate.

"The U.S.–Mexico corridor alone represents roughly $1 trillion in annual SMB trade, growing more than 15% per year, with approximately 137,000 active businesses."

Tags

cross border, treasury, payments