SoftBank’s Vision Fund I and Latin America Fund returned for a round that hiked the online lending platform developer's valuation to $1.75bn.
Brazil-based online lender Creditas has secured $255m in funding from investors including telecommunications and internet group SoftBank’s Vision Fund I and Latin America Fund, TechCrunch has reported.
LGT Lightstone, Tarsadia Capital, Wellington Management, E.ventures, Sunley House Capital, VEF, Kaszek Ventures and Amadeus Capital Partners also took part in the round along with an affiliate of Advent International. The company has now raised $569m in total.
Formerly known as BankFacil, Creditas runs an online platform where users can access loans with…
