Brazil's Creditas gets $19 million amid boom in local fintech financing

SAO PAULO (Reuters) - Creditas Soluções Financeiras Ltda, a Brazilian financial technology firm focused on secured consumer loans, has obtained $19 million from investors in a financing round that will allow it to provide borrowers with funds for one-fourth of what they pay to domestic lenders.

from Reuters: Technology News http://ift.tt/2kWutNT