Nexxo Financial Secures $6,000,000 New Funding Round

  • Feed Type
  • Date
    3/31/2010
  • 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    Nexxo customers have given up the cumbersome, expensive and time-consuming outdated way of sending money.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
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Split Rock Partners
  • Venture Investor
    Sutter Hill Ventures