Announced
Completed
Financials
Sources
Tags
Venture Capital
Consumer Lending
Minority
Acquisition
Brazil
Cross Border
digital lending
Private Equity
Completed
Private
Friendly
Synopsis
Greenoaks, a global investment firm, led a $114m Series B funding round in Cora, a Brazilian digital lender to small-and-medium-sized businesses. Additional investors include Tiger Global, Tencent, Kaszek, QED and Ribbit Capital. "Looking ahead, the startup plans to use new capital toward product development, growth, operations and building out a credit offering. We are using the data it is generating “to provide way better credit” for the customers," Igor Senra, Cora CEO and Co-Founder.
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