Bcredi
Digital platform for real estate-backed credit products.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Bcredi was a Brazilian fintech company specializing in secured lending, primarily offering home equity loans and mortgage financing. Founded in 2017 by Maria Teresa Fornea Caron, also known as Tete, the company operated from Curitiba, Brazil. Bcredi developed a digital platform for the origination and management of loans with property guarantees, aiming to simplify the traditionally bureaucratic credit process.
The company's business model focused on a "Credit as a Service" (CaaS) or "Lending as a Service" (LaaS) approach, forming B2B2C partnerships with other companies like Stone, GuiaBolso, and Loft to offer its credit products to their customer bases. This strategy allowed partners to either earn a commission on originated loans or participate in the funding of the operation for a higher return. The firm also managed credit portfolios for investment funds and asset managers.
In January 2021, Creditas, a major online lending platform in Brazil, announced its acquisition of Bcredi to bolster its real estate vertical and expand its ecosystem of services. The acquisition integrated Bcredi's team and expertise into Creditas, with Maria Teresa Fornea Caron taking on the role of VP of real estate credit at Creditas. Following the acquisition, the Bcredi brand was progressively integrated, and its clients became customers of Creditas.
Keywords: home equity, mortgage financing, secured lending, real estate credit, fintech, credit as a service, lending as a service, B2B2C, property-backed loans, digital lending