Promotiva
About Promotiva
Promotiva is a Financial Services company based in Sao Paulo (Brazil), and was acquired by Wiz in November 2022. Payday loans are provided to consumers via an online platform. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans.
Company details
An online platform known as Promotiva was developed for offering payday loans to consumers. Operations were conducted as part of BV Bank, with payroll loans disbursed across approximately 3,000 municipal areas in Brazil. The service focused on quick financial access in the fintech sector, based in Sao Paulo. Domain activity centered on promotiva.tcc.mode for user transactions and loan processing.
- Headquarters Sao Paulo, Brazil
- Stage Acquired
- SectorsFinancial Services
- Acquired by Wiz (Nov 2022)
Investors in Promotiva
Promotiva has secured backing from 1 investor. Prominent investors backing the company include Wiz Co.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wiz was founded in 1973 with domain wiz.co registered. | 1973 | wiz.co |
Investor details for Promotiva
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Frequently Asked Questions about Promotiva
Promotiva is headquartered in Sao Paulo, Brazil.
An online platform known as Promotiva was developed for offering payday loans to consumers. Operations were conducted as part of BV Bank, with payroll loans disbursed across approximately 3,000 municipal areas in Brazil. The service focused on quick financial access in the fintech sector, based in Sao Paulo. Domain activity centered on promotiva.tcc.mode for user transactions and loan processing.
Promotiva has 1 investor. Key investors include Wiz Co.
Yes. Promotiva was acquired by Wiz in November 2022.