SStartup Funding

Credix raises $93.9M funding round for SME credit solution

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Brazilian fintech Credix raised a $93.9M funding round led by BTG Pactual Asset Management and Pátria Investments. Valor Capital, ParaFi Capital, and Polígono Capital also participated in the round. 

Credix provides a B2B credit platform that uses API and AI-powered credit assessments to offer flexible payment terms and tokenize assets on blockchain. The platform helps SMEs to increase sales, improve cash flow, and scale their operations. 

Credix will use the funding to expand operations in Brazil.

Founded in 2021, Credix raised $11.25M Series A in 2022 and a further $60M from US investors in 2023. In the last year, Credix granted $52M in loans across Brazil.

Read more on Latam Fintech Hub.

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Katie joined LatamList during her year abroad in Latin America and quickly became passionate about the emerging startup ecosystem. She now has 5+ years experience as a Content Writer and Strategist for entrepreneurs and companies across the technology, climate, healthcare, government and finance sectors across the globe.

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