About Creditoo
Creditoo is a company based in Sao Paulo (Brazil) founded in 2016 was acquired by Creditas in August 2019.. Creditoo has raised $1.2 million across 1 funding round from investors including Creditas, Canary Capital and Global Founders Capital. Creditoo operates in a competitive market with competitors including SalaryFits, Trovato Lending and Consignados Online, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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Funding Insights of Creditoo
Creditoo has successfully raised a total of $1.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.2 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.2M
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First Round
First Round
(04 Dec 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2018 | Amount | Seed - Creditoo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Creditoo
Creditoo has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Creditas, Canary Capital and Global Founders Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Asset-backed consumer loans are provided through an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Creditoo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Creditoo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Creditoo Comparisons
Competitors of Creditoo
Creditoo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SalaryFits, Trovato Lending and Consignados Online, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Developer of a platform that facilitates employer loans
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| domain | founded_year | HQ Location |
Operates a digital platform for salary-linked loans.
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| domain | founded_year | HQ Location |
Offers a versatile platform for payroll-deductible loans tailored to public employees.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Creditoo
When was Creditoo founded?
Creditoo was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Creditoo located?
Creditoo is headquartered in Sao Paulo, Brazil.
Is Creditoo a funded company?
Creditoo is a funded company, having raised a total of $1.2M across 1 funding round to date. The company's 1st funding round was a Seed of $1.2M, raised on Dec 04, 2018.
What does Creditoo do?
Creditoo was founded in 2016 in Sao Paulo, Brazil, within the fintech sector. An online marketplace is operated for payday loans, focusing on payroll advances for employees of private companies holding formal contracts. Monthly installments are calculated based on a portion of the employees salary and deducted directly from payroll. Services are targeted at Brazilian users seeking short-term financial solutions.
Who are the top competitors of Creditoo?
Creditoo's top competitors include SalaryFits, Trovato Lending and Consignados Online.
Who are Creditoo's investors?
Creditoo has 3 investors. Key investors include Creditas, Canary Capital, and Global Founders Capital.
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