Brazilian fintech Credituz raised $5M from angel investors Marc Slezynger, Fabio Alperowitch, and Claudia Massei.
Credituz helps real estate agencies, brokers, and developers connect their clients with lenders, manage transactions, automate credit checks and risk analysis, and create and sign digital contracts. Credituz aims to simplify access to credit for marginalized groups.
“In a traditional analysis, a person is penalized by algorithms based on their postal code. We use real data from real financial structures, which allows us to be more accurate when prospecting clients,” said Credituz’s co-founder and CEO Pedro Braz.
Credituz will use the funds to enhance its real estate management product and grow its credit origination product, aiming to reach $3M in originated credit.
Read more on LatamFintech Hub.