Nexxo Financial Receives New Financing Round

  • Feed Type
  • Date
    5/18/2010
  • Company Name
    Nexxo Financial
  • Mailing Address
    1150 Bayhill Dr San Bruno, CA 94066
  • Company Description
    Nexxo customers have given up the cumbersome, expensive and time-consuming outdated way of sending money. They are taking advantage of 21st century technology and send money that is fast, confidential, convenient, easy and economical! Nexxo has gained the trust and loyalty from its customers and each month we help thousands of our customers send millions of dollars to friends and family back home. Whether our customers send money using their debit card over the phone or go to a conveniently located Cajero Nexxo, we provide a superior experience and value proposition for our customers.
  • Website
    http://www.minexxo.com
  • Transaction Type
    Debt
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The bank provided a line of credit to Nexxo Financial to fund its working capital needs.
  • M&A Terms
  • Venture Investor
    Wells Fargo & Co.

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