Founded Year

2012

Stage

Series F | Alive

Total Raised

$867.44M

Valuation

$0000 

Last Raised

$260M | 4 mos ago

Revenue

$0000 

About Creditas

Creditas is a digital lending platform that focuses on secured lending. Creditas funds customer loans through both investors and financial institutions. Core products include a version of home equity and auto loans, in which the borrowers offer residences or vehicles as a collateral for a first-lien lending product.Their products include Creditas Auto (car marketplace), Creditas Store (ecommerce platform with a payroll-deductible BNPL model) and Voltz (the largest manufacturer of electric motorcycles in Brazil).

Creditas Headquarter Location

Avenida das Nações Unidas, nº 12995 - Bloco I ground floor, Edifício Centenário Plaza, Brooklin Paulista

Sao Paulo, 04578-911,

Brazil

+55-1135228009

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Creditas's Products & Differentiation

See Creditas's products and how their products differentiate from alternatives and competitors

  • Auto Equity Loans

    Personal loans with the customer car as a collateral

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Expert Collections containing Creditas

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Creditas is included in 6 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,221 items

Startups in the space cover the residential and commercial real estate space with a focus on consumers. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and also tenant experience, property management, et

U

Unicorns- Billion Dollar Startups

1,112 items

F

Fintech 250

998 items

F

Fintech

4,491 items

D

Digital Lending

1,511 items

This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.

A

Auto Commerce

532 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

Latest Creditas News

Investors Cut Valuations Of Latam Startups -Creditas Founder

May 12, 2022

By Tatiana Bautzer 05/11/22 AT 8:27 PM A banner for Nubank, the Brazilian FinTech startup, hangs on the facade at the New York Stock Exchange (NYSE) to celebrate the company's IPO in New York, U.S., December 9, 2021. Photo: Reuters / BRENDAN MCDERMID Investors have been reducing valuations of Latin American startups during the global stock market rout and in an environment of higher interest rates, said Sergio Furio, founder of unicorn fintech Creditas. "Startups that raised cash at peak valuation, for example last July last year, will have to accept a reduction if they need more money this year", said Furio. Following the public markets, multiples attributed to private companies fell. Shares of Latam's largest fintech, digital bank Nubank, sank 60.6% this year. So startups are trying to conserve cash, Furio added. Creditas' latest funding was in January, a $260 million round in which the valuation reached $4.8 billion. The fintech will not raise capital this year, Furio said in an interview with Reuters before meeting with investors in New York. The startup expects to moderate credit growth, as its consumers deal with higher inflation and lower disposable income. It also intends to present progress in the operation of Voltz, an electric motorbike maker in which Creditas invested 100 million reais. The investment banking unit of Latin America's largest bank, Itau BBA, is hosting its first conference in New York with Latin American CEOs since the start of the pandemic, with around 150 companies headquartered in Brazil, Mexico, Colombia and Argentina. Emerging market investors have been more interested in Latin America since the Ukraine war, as the region is relatively insulated from the higher geopolitical risks. They also have become more demanding. Alex Ibrahim, head of international markets at the New York Stock Exchange (NYSE), expects markets to reopen for new equity offerings from Latin America by September. "Investors are more selective, demanding a clear path to profitability from startups", Ibrahim said. Investors are more cautious about companies that burn cash. While the market is closed, the NYSE has been working to prepare candidates, including tech and industrial companies, to come to markets when there is a window. © Copyright Thomson Reuters 2022. All rights reserved. Join the Discussion

Creditas Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Creditas Rank

You May Also Like

A
Albo

Albo develops a mobile app to manage money, payments, withdrawals and transfers.

K
Klar

Klar is a Mexican financial technology company that gives users full control of their money through a mobile application and a debit card that has the benefits of a credit card.

N
Neon

Neon Pagamentos is a Brazilian fintech with the goal of uniting technology and design to simplify users’ financial experience. It launched with a simple digital account and has since expanded its product suite to include investment products, credit cards, and personal loans, serving both consumer and business clients.

U
Uala

Uala is a fintech that offers its users an innovative and integrated experience, including the unbanked population in the financial system, providing more convenient and lower-cost services than other alternatives. Through a mobile app linked to an international Mastercard card, users can carry out a wide variety of financial transactions. This includes transferring money, paying bills, loading credit on prepaid cell phones and transport cards, and much more.

Digio Logo
Digio

Digio is a digital payment platform and online credit card created via a partnership between Bradesco and Banco do Brasil in 2016.

B
Banco Agibank

Agibank is a technology company that offers financial products and services. Its aim is to improve the daily lives of people through financial inclusion of the emerging social classes in Brazil, today precariously served or at the margin of the traditional banking system. Agibank has a differentiated value proposal focused on a business model structured through a highly scalable digital infrastructure.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.