Creditas
Changing how we approach data privacy to unlock economic opportunities
While the pandemic accelerated the ability to live our lives largely online, around 4 billion people remain “digitally invisible” because their data is locked away in fragmented silos and databases.
Brazilian fintech Creditas lands $4.8B valuation and Fidelity as an investor after revenue jumps in 2021
Brazilian lender Creditas announced today that it has raised $260 million in a Series F funding that values the company at $4.8 billion. That’s up from the fintech’s $1.75 billion…
Meet Justos, the new Brazilian insurtech that just got backing from the CEOs of 7 unicorns
Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. But in markets like Brazil, the…
The LatAm funding boom continues as Kaszek raises $1B across a duo of funds
Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region, São Paulo-based Kaszek has been putting money into…
Mexican unicorn Kavak raises a $485M Series D at a $4B valuation
Kavak, the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion.…
Brazilian lending company Creditas raises $255 million as Latin America’s fintech explosion continues
Creditas, the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio…
Leading a $15 million round, Prosus Ventures makes the challenger bank Klar its first bet in Mexico
Klar, a new online bank based in Mexico City, has become the first big bet that Prosus Ventures (the firm formerly known as Naspers Ventures) is taking in Latin America…
Latin America roundup: Neobanks raise $205M+; Softbank backs VTEX
Argentina’s Ualá became the most recent Latin American fintech to receive a growth-stage funding ($150 million) from Asian investors, Tencent and Softbank. This marks Tencent’s second round of investment in Ualá,…
VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund
E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell…
Brazilian mobile phone insurance technology startup Pitzi is now worth over $100 million
With roughly one million customers across Brazil and a new round of financing, the mobile phone insurance provider Pitzi now finds itself with a $100 million valuation. The size of…
Fintech in Latin America continues to draw big dollars as SoftBank invests $231 million in Creditas
As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services. As wealth…
It’s not easy to raise growth-stage capital in Latin America, but it’s getting easier. As startups begin to flourish in the region’s largest markets, available funding is evolving to suit…
Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market
After 12 years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a…
