Creditas, Latin America’s leading digital secured lending platform and financial solutions ecosystem, announced the closing of its
As communicated in our press release from
Creditas has raised a total of
“The new capital raised will allow us to accelerate the strategy in our 3 ecosystems: Home Solutions, Auto Solutions and Employee Benefits. We will continue expanding operations in all our verticals to deliver an increasingly complete platform including fintech products, insurance and marketplace solutions. This is consolidating Creditas as a one-stop solution for those seeking a digital-first experience in everything related to your house, car, motorcycle and salary-based benefits.
We have significant growth ahead in multiple avenues including financial solutions for our innovative marketplaces Creditas Auto (car marketplace),
Since 2012 Creditas has been adapting itself to a changing environment, technologies and consumer demands. As we continue accelerating growth, our dream of improving the lives of millions of consumers and allowing them to grow together with us is becoming a reality”.
VEF CEO,
“Creditas is one of those special fintech assets given its ability to marry supernatural growth with high revenue economics into an ever growing TAM. The company continues to deliver exceptional growth as showcased in its quarterly reporting of headline figures, with Q321 loan book growth of 2.8x, new origination growth of 4.1x and revenues of 3.3x (all YoY). We continue to back Sergio and his team harder and see shareholders like Fidelity and
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