Altis, a Brazilian fintech focused on credit-as-a-service, raised $10M through a Credit Rights Investment Fund (FIDC) structured by Galapagos Capital.
Altis offers a digital platform that allows businesses to originate credit without building their own infrastructure or hiring specialized teams. The platform handles the full credit cycle, including risk analysis and receivables management, enabling partners to offer financing directly without relying on traditional banks.
With the funds, Altis will accelerate its vehicle financing operation and expand capacity to meet growing demand in the automotive market.
Founded by Pedro de Paula, Luiz Bettega, and Eduardo Renda, Altis serves over 180 clients and has originated over $2M in credit, expecting to originate $60M in credit over the next two years.
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