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{"id":430,"date":"2019-04-08T15:40:08","date_gmt":"2019-04-08T13:40:08","guid":{"rendered":"https:\/\/stagesite.webrockventures.com\/en\/?p=430"},"modified":"2020-09-14T17:42:31","modified_gmt":"2020-09-14T15:42:31","slug":"brazilian-credit-marketplace-finanzero-raises-usd-11-million-for-further-expansion","status":"publish","type":"post","link":"https:\/\/stagesite.webrockventures.com\/en\/2019\/04\/08\/brazilian-credit-marketplace-finanzero-raises-usd-11-million-for-further-expansion\/","title":{"rendered":"Brazilian Credit Marketplace Finanzero Raises USD 11 Million for Further Expansion"},"content":{"rendered":"<div class=\"introduction\">\n<p>FinanZero, a Brazilian fintech that operates as a consumer loan broker, received a new round of investment, raising USD 11 million from Atlant Fonder, Dunross &amp; Co and Vostok Emerging Finance, among other investors.<\/p>\n<\/div>\n<p>\u201cFinanZero will improve its technical platform and invest heavily in marketing to\u00a0increase the visibility of the brand. We have already received more than 3 million\u00a0loan applications in three years of operation in the Brazilian market,\u201d explains\u00a0Olle Wid\u00e9n, CEO of FinanZero.<\/p>\n<p>\u201cToday, the Company has a growth of 50% per quarter, which adds up to more\u00a0than 1 million visitors on our site per month,\u201d adds Wid\u00e9n.<\/p>\n<p>The Company was founded in 2016 by Webrock Ventures, Zentro Global\u00a0Partners and Olle Wid\u00e9n. That same year, it received an investment of USD 1.25\u00a0million from the public fund Vostok Emerging Finance and began the process of\u00a0expanding its operations. Inspired by the success of the business model in\u00a0Sweden, FinanZero was created in Brazil, where the fintech market is growing\u00a0rapidly.<\/p>\n<p>\u201cBrazil remains our favored fintech market globally, and through FinanZero we\u00a0have one of the best ways to play its extremely attractive consumer finance\u00a0market. With a strong team, partnerships and growing traction, we are more than\u00a0happy to continue to support team FinanZero on this exciting journey,\u201d says\u00a0David Nangle, CEO of Vostok Emerging Finance.<\/p>\n<p><strong>ABOUT FINANZERO<\/strong><br \/>\nFinanZero is a leading marketplace for loans in Brazil. The business is an\u00a0independent broker for loans, negotiating the customer\u2019s loan application with\u00a0several banks and credit institutions, to find the loan with the best interest rate\u00a0and terms for the consumer. FinanZero handles the lending process from start\u00a0to finish.<\/p>\n<p>FinanZero has 30 bank partners on its online platform, and is offering a 100%\u00a0digital and 100% free service for its customers. Among the products offered by\u00a0the loan marketplace are: personal loans, car loans and mortgage loans. FinanZero is a banking correspondent regulated by law 3.954\/11 of the Brazilian\u00a0Central Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FinanZero, a Brazilian fintech that operates as a consumer loan broker, received a new round of investment, raising USD 11 million from Atlant Fonder, Dunross &amp; Co and Vostok Emerging Finance, among other investors.<\/p>\n","protected":false},"author":3,"featured_media":611,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"meta_box":{"postsettings_featured_image":"0","related_documents":[]},"_links":{"self":[{"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/posts\/430"}],"collection":[{"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/comments?post=430"}],"version-history":[{"count":9,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/posts\/430\/revisions"}],"predecessor-version":[{"id":612,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/posts\/430\/revisions\/612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/media\/611"}],"wp:attachment":[{"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/media?parent=430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/categories?post=430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stagesite.webrockventures.com\/en\/wp-json\/wp\/v2\/tags?post=430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}