FIDC issuance · Fintech
Asaas raises R$100m for card-receivables financing
The financing will fund advances on card payments for small and medium-sized businesses.
Asaas has raised R$100m through a receivables investment fund to finance advances on card payments for small and medium-sized businesses.
Kanastra manages the fund. Itaú BBA coordinated the distribution, with Bradesco BBI also participating in the distribution.
The financing diversifies the company’s funding and supports more predictable access to working capital for customers. Asaas combines financial management software with payments, billing and business accounts.
Use of funds
Fund advances on card receivables for SMEs