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// HALL OF FLAME · STARTUP AUTOPSY
Founded2012
Closed2022
CountryBrazil
SectorFintech
Total raised$829M
FounderSergio Furio

Creditas (2022 crisis)

"Brazil's secured lending unicorn. Rate rises broke the model. 600 layoffs."

—
RAISED
—
EMPLOYEES
120
MONTHS
unit economics
🔥 Hall of Flame 70%🏆 Hall of Fame 30%

Creditas, Brazil's largest secured lending platform (home equity, auto-secured loans), raised $829M and reached a $4.

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More Fintech →More from Brazil →More unit economics failures →Raised: $829M
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