Tuesday, February 21, 2017

Brazil's Creditas gets $19 mln amid boom in local fintech financing

SAO PAULO, Feb 21 (Reuters) - Creditas Soluções Financeiras

Ltda, a Brazilian financial technology firm focused on secured

consumer loans, has obtained $19 million from investors in a

financing round that will allow it to provide borrowers with

funds for one-fourth of what they pay to domestic lenders.

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