Brazilian real estate fintech Versi raised $9M in debt through the issuance of CRI bonds, structured by Opea.
Versi will use these funds to support real estate developers focused on building affordable homes under the Brazilian government’s Minha Casa Minha Vida program.
“The affordable housing market consumes $18B annually in financing, yet the housing deficit continues to grow,” said Ebran Theilacker, Versi’s CEO.
Since its founding in 2014, Versi has invested $27 million in over 55 projects, primarily supporting small and medium-sized property developers in the affordable housing sector.
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