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bxblue
company
About
bxblue is a marketplace for payroll loans in Brazil.
- 11 - 50
Highlights
Details
- Last Funding Type
- Seed
- Industries
- Credit,Financial Services,FinTech,Marketplace
- Founded date
- Aug 1, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
bxblue is a marketplace for personal loans in Brazil explicitly targeting pensioners and Government workers because they can they take loans secured by their guaranteed income. Because of that banks can deduct the payment directly from the paycheck, leading to an apr 10x lower than credit cards. Payroll secured loans are the most affordable personal loan in Brazil, and they represent 60% of the personal loans in the country. It is a 40bn dollar/year marke, completely offline. We are taking this entire market online.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
—
bxblue has raised a total of
—
in funding over 2 rounds. Their latest funding was raised on
Aug 21, 2017 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 21, 2017 | Seed | — | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
bxblue is funded by 1 investors.
German Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
German Ventures
|
— | Seed |
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