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Creditas Raises $200M, Buys Brazilian Bank

July 08, 2022
acquisitions
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Creditas Raises $200M, Buys Brazilian Bank

July 08, 2022
Brazilian lender Creditas is raising $200 million and buying a bank and a mortgage startup in a move to bolster profitability, according to a Friday (July 8) press release. In an interview with Reuters Friday, Creditas CEO Sergio Furio said his company, which runs an online consumer loan platform, is purchasing Andbank’s Brazilian banking license […]