CashGo structures $23M FIDC

Brazilian fintech CashGO structured a $23M FIDC. Investors like Augme Capital, Arx Investimentos, and RBR participated in the FIDC.

CashGO offers credit to property owners through real estate agencies, allowing landlords to receive up to 24 months of rent in advance, with funds disbursed within 24 hours of the request. 

The new FIDC will be used to expand lending capacity.

Founded in 2021, CashGO has issued loans to over 250,000 property owners in Brazil.

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