Axify, a buy-now-pay-later digital wallet, raised $13M in funding from Alpha Impact 8 and Avalancha Ventures. This investment will enable the company to scale its services in Mexico.
Axify is a prepaid platform that offers flexible, interest-free payments for products and services. Today, the fintech startup focuses on the retail sector, an industry that has the challenge of lengthy authorization and implementation processes.
Founded in 2020 by Rodolfo Valdes and Sofia Robles, Axify has a payment network of 44,000 convenience stores, where commissions are deducted directly from partner chains.
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