Creditas concludes acquisition of Bank Andbank Brasil and finalizes initial closing of Series G Round at US$108 Million

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Summary

Creditas completed the acquisition of Bank Andbank Brasil, a deal that began in 2022. The company also closed the initial US$108 million tranche of its Series G round at a US$3.3 billion valuation. Andbank led the round and will become a shareholder and strategic partner in Creditas. Creditas also named Ricardo Forcano as CTO/COO to oversee technology, operations, and people as it expands its platform.

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