Brazilian fintech CashU secured a $17.5M Credit Rights Investment Fund (FIDC) backed by Itaú BBA and Credit Saison to finance its lending operations.
CashU’s AI-powered SME credit solutions enable suppliers and distributors to offer Buy Now, Pay Later options with their own credit lines or with CashU’s lending options, showing clients custom payment terms and limits at checkout.
The funding will allow CashU to scale its lending capabilities, expand its distribution partnerships, and offer more flexible credit options to underserved businesses.
“Our goal is to provide around $175M in smart, customized credit for small and medium-sized businesses in 2025. This is funding they wouldn’t have access to through traditional channels, and it will help SMEs grow sustainably while strengthening the broader supply chain,” said Thiago Saldanha, co-founder and CEO of CashU.
Founded in 2019, CashU’s proprietary credit scoring model takes over 1,500 variables into account when helping businesses make credit decisions.
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