Creditas is the leading secured lender in Brazil’s enormous consumer credit market.
Creditas set out to radically reduce the outrageous interest rates that Brazilian consumers pay due to the traditional banking oligopoly there. Rather than go head-to-head with the big banks, Creditas took a different approach: they offered customers much lower interest rates if they would collateralize their loan with an un-levered asset such as a house or car.
Today, Creditas has a loan book of more than $1 billion across home equity, auto equity, and payroll loans, and is the leading independent provider of secured debt in Latin America’s largest economy.
Location: Brazil
Total raised: $555M
Investors 3
Funding Rounds 4
| Date | Series | Amount | Investors | Deal News |
| 18.12.2020 | - | $255M | - | marketscre... |
| 10.07.2019 | Series D | $231M | - | finsmes.co... |
| 11.12.2017 | Series C | $50M | Endeavor G... | finsmes.co... |
| 16.03.2017 | - | $19M | - | finsmes.co... |
Mentions in press and media 20
| Date | Title | Description | Source |
| 07.05.2021 | The $100M+ Dollar Club of South American Startups | From the Andes mountain range in the north to the plateaus of Patagonia in the south, the South Amer... | vcbay.news... |
| 19.12.2020 | Brazilian Lending Firm Creditas Secures $255 Million in Capi... | Brazilian lending firm Creditas has secured $255 million in capital as Fintech startups across Latin... | crowdfundi... |
| 18.12.2020 | SoftBank-backed Creditas raises $255 million in new funding ... | Brazil's Creditas said on Friday it has raised $255 million to finance international expansion and b... | economicti... |
| 18.12.2020 | Creditas Soluções Financeiras Ltda. announced that it has re... | Creditas Soluções Financeiras Ltda. announced that it has received $255,000,000 in its series E roun... | marketscre... |
| 20.02.2020 | The rise of the winged pink unicorn | Claire Diaz-Ortiz Contributor Share on Twitter Claire Diaz-Ortiz is an angel investor and bestsell... | techcrunch... |
| 26.12.2019 | Latin America Roundup: XP’s chart-topping IPO, Wildlife beco... | Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners. Sophi... | techcrunch... |
| 12.08.2019 | Fintech Debt Investors Follow Equity Dollars Into Latin Amer... | By Diana Asatryan and Vaidik Trivedi Fintech firms in Latin America are having a moment with the eq... | forbes.com... |
| 10.07.2019 | Fintech in Latin America continues to draw big dollars as So... | As investors continue to move more aggressively into Latin America’s startup scene, there’s one indu... | techcrunch... |
| 10.07.2019 | Creditas Raises US$231M in Series D Funding | Creditas, a São Paulo, Brazil-based digital secured lending platform, raised USD$231m in Series D fu... | finsmes.co... |
| 17.03.2019 | Стартап дня год спустя: “Uber” междугородних переездов Movin... | Каждую неделю проверяю, как идут дела у прошлогодних стартапов. 2 2 комментария 6926 просмотров Е... | vc.ru/serv... |
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