Brazilian fintech Credix, which leverages AI to provide credit to small and midsize companies, has raised BRL500m ($93m) in a combination of equity and debt financing to support lending growth and technology development, according to a report by Bloomberg.
The equity portion, valued at $6m, was led by Patria Investments’ high-growth unit, one of Latin America’s largest alternative asset managers. Other investors included Valor Capital, ParaFi Capital, and Poligono Capital, a joint venture between BTG Asset Management and Prisma Capital Control. Credix is also securing BRL470m in debt via an FIDC structure, with Poligono and BTG participating.
Founded in 2021 in Antwerp and now headquartered in São Paulo, Credix provided BRL275m in credit over the past year and aims to reach BRL1bn in lending within the next 12 months. The fintech’s proprietary platform, CrediPay, uses AI to automate credit decisions and facilitate installment payments, including for clients like Volvo Car AB’s Brazilian operations.
Credix CEO Thomas Bohner, 30, said the funding will expand the company’s Brazilian presence and technology infrastructure. The firm employs 30 staff, predominantly engineers, data scientists, and operations personnel in São Paulo, with additional support in Belgium.
Patria’s partner Pedro Sirotsky Melzer highlighted that the firm’s strong industrial network could help Credix accelerate its commercial expansion, underscoring the strategic value of the investment beyond capital.
