FC
FAZ Cred
Brazil · Fintech
FAZ Cred provides digital access to payroll loans for formally employed workers in Brazil.
Product
Workers can request a quote online or through WhatsApp, complete the agreement digitally and receive approved funds through Pix. Repayments are deducted from salary. The company works with authorized financial institutions, including QI Tech.
The business previously operated as CondoLivre. It developed its lending activity around condominium workers before expanding into other private-sector employment markets.
- Former name
- CondoLivre
- Product
- Private-sector payroll credit
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| FAZ Cred Mais Trabalhador FIDC | R$80M | Patrimonial — Participant |