Devas Invest
São Paulo, Brazil
Overview
DEVAS INVESTIMENTOS E PARTICIPACOES LTDA operates in the financial services industry. The company focuses on investments and participations, believing that these aspects are more important than just financial returns. They are involved in various sectors, including Fintech, and have made seed investments. The company also has a strong team, with the CEO being a significant figure in the industry. They are contactable via their website and have a physical presence in São Paulo, Brazil.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Consulting
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- IOUU
Participated · Equity · Feb 2020
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.
Team
No current team members are available.