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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TechnologyFinancial Services
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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.
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.
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Venture capital firm focused on early-stage startups
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Asset-backed consumer loans are provided through an online platform.
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Investor details for Creditoo
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Investments & Acquisitions by Creditoo
Investment portfolio details for Creditoo
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Financial Statements - Creditoo
Detailed financials for Creditoo
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Creditoo Comparisons
Peer comparison for Creditoo
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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.
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Developer of a platform that facilitates employer loans
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Operates a digital platform for salary-linked loans.
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Offers a versatile platform for payroll-deductible loans tailored to public employees.
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Detailed competitors of Creditoo
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Latest news on Creditoo
Complete news archive for Creditoo
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Frequently Asked Questions about Creditoo
Creditoo was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Creditoo is headquartered in Sao Paulo, Brazil.
Creditoo is a funded company, having raised a total of $1.2M across 1 funding round to date.
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.
Creditoo's top competitors include SalaryFits, Trovato Lending and Consignados Online.
Creditoo has 3 investors. Key investors include Creditas, Canary Capital, and Global Founders Capital.