Company Details
IOUU
São Paulo, Brazil
Overview
IOUU operates a peer‑to‑peer (P2P) lending platform that connects investors and SMEs seeking working capital. The company focuses on offering more accessible credit terms to small and medium enterprises. It recently received a R$6 million investment and now totals R$8 million in funding. IOUU plans to deploy the new capital into technology and marketing to expand platform use. Management aims to capture R$50 million in loans through the platform in 2020 and to impact over 1,000 companies within 12 months. Over a two‑year horizon the company targets more than R$100 million in loans captured, and it intends to refine its credit‑analysis and collections model to lower delinquency rates.
- Total raised
- $2M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Feb 2020
Industries
- Financial Services
- FinTech
- Impact Investing
- Lending
- Micro Lending
- Peer to Peer
Recent funding
Equity
Feb 2020
$2M