FinanZero Brasil Serviços Online Ltda. announced that it has received $7 million in funding from VEF Ltd., Dunross & Co., Atlant Fonder AB, and other investors
April 04, 2021
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FinanZero Brasil Serviços Online Ltda announced that it has raised $7 million in a round of funding led by returning investor VEF Ltd. (OM:VEFL SDB) on April 5, 2021. The transaction included participation from returning investors Dunross & Co. and Atlant Fonder AB, all previous investors in the company. The company has raised $22.85 million in funding till date.
Vef AB (publ) is a Sweden-based investment company. The Company invests in growth stage private fintech companies, take minority stakes and is an active investor with board representation in its portfolio companies. The Company focuses on scale emerging markets and invest across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors. The portfolio consists of such companies as lending company Creditas, digital banking company Konfio, TrnasferGO which conducts digital money transfers, payment company Juspay, Revo offering financing solutions for customers, FinanZero supporting digital marketplace for consumer loans, or Nibo which operates as a software as a service (SaaS) provider.
FinanZero Brasil Serviços Online Ltda. announced that it has received $7 million in funding from VEF Ltd., Dunross & Co., Atlant Fonder AB, and other investors
VEF AB 
