Creditas (BankFacil), based in São Paulo, Brazil, is an innovative digital lending platform focused on secured lending. Core products include a first-lien product version of home equity and auto loans, secured by the borrowers’ real estate or automibles. BankFacil partners with leading Brasillian lenders to create a lending network that implements cutting edge technoclogy to deliver a client driven, efficient and healthy way to access credit and financial services. BankFacil funds its customer loans both through investors and financial institutions, a proven approach creating efficiency for the entire industry. (The exit was in 2017.)
The Rockaway Ventures start-up division has sold its share in the Brazilian fintech company Creditas. The value of the share increased nearly 10 times over the past three years.
