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Wellhub credit fund
Brazil · Fintech
Wellhub’s Brazilian credit fund finances partner gyms and wellness studios.
Product
The Wellhub credit fund provides financing to gyms and wellness studios in Brazil. It helps businesses in the corporate wellness platform’s partner network invest in equipment, improve facilities and expand their operations.
Galapagos Capital structures and manages the fund, while QI Tech handles administration, custody and recordkeeping. The vehicle forms part of Wellhub’s financial services for partners, alongside insurance and more frequent payments.
Funding history
2 rounds · 2 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Credit fund expansion | R$100M | Participants not disclosed | |
| Credit fund launch | R$100M | Galapagos Capital — ParticipantWellhub — Participant |