Announced

SoftBank led a $231m financing round for Creditas.

Synopsis

SoftBank Vision Fund led a $231m financing round for Creditas, a financial technology company. Creditas founder and CEO, Sergio Furio comments: “At Creditas we relentlessly focus on creating an amazing experience that provides efficiency and lower prices to democratize the access to low-cost lending in Brazil. With these investments, we plan to accelerate this process and expand our business model in order to improve the lives of the Brazilian population. We are excited about partnering with the Vision Fund and SoftBank Latin America Fund along with our existing investors, and we congratulate the Creditas team for the results of its hard work."

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