LatAm List – Adianta, a Brazilian receivables fintech for small and medium-sized businesses, raised US$2.1M from DGF Investimentos, 42K Investimentos, Chromo Investimentos, and Capital Lab, along with previous investors Yellow Ventures and OsherTech.
The new investors established a club deal including members like Roger Ingold, former CEO at Accenture, and entrepreneurs such as Sandro Reiss, founder and CEO of Geru, and Jaime de Paula, founder and CEO of Neoway.
With the new investment, the company plans to expand its development and sales team and to create new services and products aimed at small and medium-sized businesses.
Since beginning its operations, Adianta already has has already issued around US$29M in credits. In 2019, they hope to reach a loan portfolio of US$26M.
“We want to develop a long-term relationship with our clients, and seek to reduce bureaucracy surrounding credit grants. Slowly, we are bringing fintech innovation to this sector,” says Marco Camhaji, CEO of Adianta.
The platform, which is available 24 hours a day, allows customers to formalize their credit with a sales invoice using an XML format.
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