| Founded | 2018 |
|---|---|
| Closed | 2023 |
| Country | Brazil |
| Sector | Fintech |
| Collapse type | Slow Death |
Creditas Auto Exit
"Auto-secured lending arm of Brazilian unicorn shuttered by rates"
Years-long decline before final shutdown
Key Events Timeline
Creditas built a strong business in home equity loans but expanded aggressively into auto-secured lending in 2018.
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