CashU, a Brazilian B2B lending startup, raised $22.5M for its Credit Rights Investment Fund (FIDC). The round added BTG Asset Management and Capitânia Investimentos as new investors, while Itaú BBA and Credit Saison reinvested. The raise follows a previous issuance for the same fund.
CashU provides credit to small and medium-sized enterprises by analyzing their behavior within B2B supply chains, rather than relying only on traditional financial statements. CashU offers credit at the point of purchase, using data such as purchase frequency, transaction volume, product mix, and supplier relationships. Its artificial intelligence models then set credit limits, terms, and rates.
CashU will use the funds to originate credit and validate the performance of its proprietary credit models within a regulated environment.
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