bxblue operates a 100% digital marketplace that connects borrowers—notably public servants and retirees—to banks for payroll-deductible loan comparison and digital contracting. The company aims to reduce costs and increase efficiency in the credit system while offering transparent options to users. bxblue plans to use new capital to expand its team, develop additional product tools, and integrate with new banks. Since launching, the platform has intermediated over R$500 million in consignado contracts and saw growth in 2020 equal to eight times its 2019 volume. Management expects to quintuple the company’s revenue during 2021 following the new round. Customer metrics cited include an NPS near 90 and nearly 20% of clients taking loans more than once on the platform.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2021