Bux is a Brazilian startup founded in 2020 that operates in the Financial Services and Fintech sectors. The company's slogan, "Educação financeira na prática. Para todos." translates to "Financial education in practice. For everyone." Bux's core business is to educate and financially empower young people and teens by offering a prepaid credit card along with a comprehensive financial education platform.
The startup recently received a BRL450.00K Pre Seed Round investment on 15 April 2021. This investment indicates a growing interest in Bux's innovative approach to financial education. The funding round did not disclose the specific investors involved. Bux's headquarters is located in Brazil, positioning the company well within an emerging market for fintech innovation.
With its focus on financial education and prepaid credit services, Bux is tapping into a potentially lucrative market. As financial literacy becomes increasingly crucial, especially for younger demographics, Bux has the opportunity to fill a vital need. The recent investment highlights a vote of confidence in Bux's mission and potential impact in the Brazilian financial services landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Pre Seed Round | BRL450.00K | - | 15 Apr 2021 |
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