Jeitto raises $6.8M through corporate bonds

▤ Summary

Jeitto raised $6.8 million through a corporate bond structured by Credit Saison. The Brazilian fintech uses the capital to diversify its funding sources and expand its payroll-deductible loan business. It focuses on microcredit, insurance, and lending products for low-income and underserved workers in Brazil. The company says the new financing will help broaden access to credit with lower rates and more flexible terms.

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