SAO PAULO (Reuters) – Business services fintech Asaas said on Tuesday that it received a license from the Central Bank to operate as a direct credit company, about a year after obtaining approval to operate as the 31st payment institution in the country. Brazil.
With the license, the platform will be able to offer loans with its own resources, in addition to distributing insurance through electronic means, issuing electronic money and performing credit collection and analysis services for third parties.
+ Anatel may discuss the release of 5G in regional ‘clusters’ on the 11th
Based in Joinville (SC), Asaas claims to have around 700,000 digital accounts and expects to transact more than 75 billion reais a year, reaching a turnover of more than 1 billion reais.
In 2020, the company received an investment of 37 million reais by Bradesco’s Inova Ventures fund. At the end of last year, it acquired the companies Base ERP and Code Money.
(By Aluisio Alves)
#Fintech #Asaas #receives #license #operate #credit