Creditas

Creditas is a financial technology company that operates a digital platform that offers secured consumer loans and runs an online used-car sales platform.

Creditas’ mission is to enable what fulfils people by unleashing the potential of their assets.

Creditas was founded in Apr 16, 2012 by Sergio Furio. The company is headquartered in São Paulo, Brazil, with multiple offices across Latam, and an office in Spain.

 

Creditas started as a collateralized lender operating via a marketplace model, and later built its own platform so that instead of the banks, Creditas was the entity securing funds for loans.

 

Creditas operates a car marketplace called Creditas Auto. It also runs Creditas Store, an e-commerce platform with a payroll-deductible buy now, paylater model and Voltz, a manufacturer of electric motorcycles in Brazil. 

 

Creditas builds deep relationships with their customers, drastically lowering the cost of credit and improving the quality of life of those they serve. In 2021, Creditas acquired four companies, and plans to continue investing in acquisitions.

 

Creditas is backed by SoftBank, Fidelity Management & Research, Santander InnoVentures, Amadeus, Endeavor Catalyst, LGT Lightstone, Wellington Management, QED Investors, IDB Invest, Naspers, Actyus, and others. The company raised $200M in new financing on Jul 07, 2022. This brings Creditas' total funding to $1.1B to date. Creditas was valued at $4.8B from its Series F round raised in Jan 2022.

 

 

  • Year founded: 2012
  • Funding Info: $1.1B over 11 Rounds (Latest Funding Type: Convertible Note)
  • Yearly Revenue: $200M (2021)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $4.8B as of Jan 25, 2022
  • City/Town: São Paulo
  • State: São Paulo
  • Country: Brazil
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