Softbank $231 million investment in Creditas

10/7/2019
Financial investment

$ 231 million

Announced

10/7/2019


Overview:

  • Softbank Group led a $231 million investment in Creditas, a São Paulo-based credit fintech startup. 
  • $200 million of the investment came from Softbank Group through its funds Vision Fund and Latin America Fund. 
  • $31 million came from Vostok Finance, Santander InnoVentures and Amadeus Capital. 

Rani Mehta - Latin America Editor 

Jurisdiction:

Brazil

Deal type:

Financial investment

Practice area:

M&A

Industry sector:

Financial services


Firms:

Party: SoftBank (Investor)


Party: Vostok Emerging Finance (Investor)

Lawyer: Shawn Atkinson


Party: Creditas (Target)


Party: Creditas (Target)