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# Brazilian fintech Creditas raises $50 million in Series F extension
- URL: https://www.techloy.com/brazilian-fintech-creditas-raises-50-million-in-series-f-extension/
- Published: 2022-07-11T10:43:33.000Z
- Updated: 2022-12-08T01:21:17.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in Brazil

[Creditas,](https://www.creditas.com/) a fintech startup based in Brazil offering secured lending and financial services has raised $50 million in its Series F extension round from Andorra, and a partnership with Andbank.

- The partnership involves Creditas buying the banking license belonging to Andbank in Brazil.
- The license is valued at $95 million awaiting regulatory approval in the country.
- The fintech firm also raised $150 million in convertible debt equity with which it has acquired Kzas, a real-estate marketplace, and invested in electric motorcycle maker, Voltz Motors.
- It last raised its Series F in January at a $4.8 billion valuation.