Vostok Emerging Finance, Dunross & Co and Atlant Fonder Invest USD7m in Credit Platform FinanZero

April 5, 2021
Vostok Emerging Finance, Dunross & Co and Atlant Fonder invest in FinanZero

Vostok Emerging Finance, Dunross & Co and Atlant Fonder made a USD7m follow-on investment in FinanZero, a Brazilian consumer credit marketplace.  Atlant Fonder, Dunross & Co. and Vostok Emerging Finance raised BRL42m in 2019; Vostok Emerging Finance led a BRL12m round in 2018.

(TechCrunch) – FinanZero, a Brazilian online credit marketplace, announced today that it has closed a $7 million round of funding — its fourth since it launched in 2016. It has raised a total of $22.85 million to date.

The real-time online loan broker allows people to apply for a personal loan, a car equity loan or a home equity loan for free and receive an answer in minutes. A key to FinanZero’s success is that it doesn’t offer the loans itself, but has instead partnered with about 51 banks and fintechs who back the loans.

FinanZero is based in Brazil’s financial capital, São Paulo, and has 52 employees.

Read more at TechCrunch.

0
Facebook Twitter Google +

Submit VC News

Have private equity or venture capital related news that you would like to share? Submit your press releases and news to news@lavca.org.

Sector Tags

agribusiness AgTech Artificial Intelligence B2B biotech Consumer/Retail crypto Digital Media & Entertainment e-commerce ecommerce EdTech Education Energy Enterprise Software Financial Services fintech foodtech Healthcare Healthtech HRTECH Human Resources Impact Impact Investing Infrastructure InsurTech IoT IT logistics Logistics & Distribution logistics and distribution marketplace Marketplaces Mobile Private Capital Private Equity Proptech Real Assets Real Estate SaaS Software Startup startups Technology Transportation venture capital

Geography Tags

Alquilando Argentina Argentine Austria Belize Bolivia Brasil Brazil Canada Canary Caribbean Central America Chile Colombia Costa Rica Dominican Republic Ecuador El Salvador Guatemala Honduras India International INTL Israel Jamaica Japan Kenya LatAm Latin America Mexico Miami Nicaragua Pan-Regional Panama Paraguay Peru Portugal Puerto Rico South Korea Spain United States Uruguay US USA Venezuela
LatAm Venture Bulletin

LatAm Venture Bulletin

The LatAm Venture Bulletin is a must-read roundup of startup deals and news on emerging technologies in Latin America, delivered to over 6,000+ investors, entrepreneurs, and corporates bi-weekly.
Asset Class *

Tweets

Keep in touch

Twitter Linkedin Youtube