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Consequently, today (23) it announced it will buy a majority stake in fintech Adianta to dilute the risk when lending to businesses.
As is, Liber Capital offers companies a lending platform for their accounts receivable departments. However, the fintech acknowledges it has certain limitations.
“Liber is only able to anticipate receivables held against partner companies, which sometimes corresponds to 10 percent, 15 percent, [or] 20 percent of the total that the supplier has to receive,” said the fintech’s CEO, Victor Morandini.
“[But] with the acquisition of Adianta it is possible to make a broader assessment of this supplier, and anticipate the other 80 percent of potential receivables, increasing the amount transacted in general.”
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Brazil’s growing ecosystem of lending fintechs
Thanks to fintechs, lending in Brazil comes in all kinds of flavors and address multiple parties.
So much so that it’s coming to a point where it’s far too simplistic to just divide the lending market into “B2B” and B2C” segments.
Recent investments, mergers, and acquisitions show that startups and larger companies consider that there’s still plenty of room to grow in diverse lending solutions.
In June of this year, SME lending fintech BizCapital closed US$12 million.
Whether it’s an individual who’s short on cash and needs a quick loan, or an accounts receivables agent, fintechs’ lending products are expanding to address more needs.
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