Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business deals SoftBank leads $231m funding round for Brazilian fintech lender Tech investor looks to cash in on Latin America's consumer finance market The SoftBank Group is betting that Brazil's now inefficient credit market will provide growth opportunities.
YUMIKO OSHIMA, Nikkei staff writer July 11, 2019 12:22 JST | Latin America
NEW YORK -- Japan's
SoftBank Group has led a $231 million funding round for Brazil's Creditas, the fintech lender announced on Wednesday.
The SoftBank Vision Fund and existing Creditas shareholders joined the round. The SoftBank stakes will be held by the Latin America-focused SoftBank Latin America Fund.
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