Creditas

lending | online loans

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FOUNDING YEAR: 2012

LOCATION:

Brazil

REGION:

Last Update:
18 Oct, 2019

Description

Creditas was formerly known as BankFacil. It provides an online lending platform which offers secured consumer loans to individuals with home and automobile as collateral and utilizing resources both from institutional investors and financial institutions.

FOCUS

PRODUCTS & SERVICES:

Online lending platform for individuals. It offers individuals secured consumer loans with lower interest, longer payment terms, and higher loan amounts.

MAIN CLIENTS:

Operation Manager, Dentist

PEOPLE

FOUNDERS:

Sergio Furio

Board Members and Advisors:

Manoel Lemos, Jonathan Whittle, Rodrigo Baer, Nicolas Szekasy

INVESTORS:

Santander InnoVentures, Amadeus Capital, Vostok Emerging Finance, Kaszek Ventures, Quona Capital, QED Investors, IFC, Naspers, Redpoint eventures, Rockaway Capital, E.ventures

KEY EMPLOYEES:

Sergio Furio (CEO); Ann Williams (COO)

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:

YES

TOTAL FUNDING:

$82.9 Millions

DATE OF LAST FUNDING:

Apr 2018

TOTAL FUNDING COMMENT:

The company is planning to use the funds to develop new products line and also for explore new markets(April 2018).

SEED & PRIOR FUNDING:

$1.4 Millions

SEED CLOSED ON:

Oct 2013

FUNDING SERIES:

SERIES A

$7.5 Millions Closed: Jun 2016

SERIES B

$19 Million Closed: Feb 2017

SERIES C

$55 Millions Closed: Apr 2018

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