GuiaBolso, a Sao Paulo, Brazil-based digital marketplace for credit products, raised $39m in funding.
The round was led by Vostok Emerging Finance with participation from existing backers Ribbit Capital, IFC, and QED Investors, as well as Endeavor Catalyst and Omidyar Network.
The company intends to use the funds to continue to expand operations and its business reach.
Co-founded by Benjamin Gleason and Thiago Alvarez, GuiaBolso provides consumers with a mobile and web financial information platform and access to credit products matched to their needs and risk profile.
The company’s app is used by over 3.5 million people.