FIDC issuance · Fintech
Zippi raises R$80m through credit fund issuance
Itaú BBA, Bradesco Asset, Verde Asset and Valora invested in the financing.
Zippi has raised R$80m through a new issuance by its receivables investment fund, with Itaú BBA, Bradesco Asset, Verde Asset and Valora Investimentos participating.
The Brazilian fintech provides short-term working capital to micro and small businesses through Pix. Its technology combines transaction data and Open Finance information to assess borrowers and manage repayments.
The company will use the funding to serve more customers and increase credit limits. Following the issuance, the fund has R$160m under management.
Use of funds
Expand working-capital credit for microbusinesses
Funding history
FIDC issuance · This roundR$80M