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Creditas
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Summary
location iconSao Paulo, Brazil
website
company sizeCompany size: 1001-5000

Creditas is a leading Brazil-based secured online lending platform based in Sao Paulo, Brazil. Creditas combines fintech and data intelligence to provide consumer with access to home, auto, personal loans at low interest rates.

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Creditas - Recent News & Articles

Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%. Core inflation also was at...

Source: CNBC

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Gross domestic product fell at a 0.3% annualized pace, largely pushed by a surge in imports ahead of President Donald Trump’s tariffs. Imports soared 41.3%, driven by a 50.9% increase in goods. Import...

Source: CNBC

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BN...

Source: CNBC

JPMorgan becomes the first Wall Street bank to forecast a US recession following Trump's tariffs

JPMorgan believes the US economy will enter a recession in the back half of 2025 as the impact of President Trump tariffs takes hold in the economy. The firm's chief US economist Michael Feroli sees a...

Source: Yahoo Finance

FinTech IPO Index Plunges 11.7% Amid Broad-Based Market Rout

There was nowhere to run this week for investors seeking to escape a market rout that came on like a tidal wave, crashing down Thursday. Tariffs, of course, dominated, and once they were real, as of W...

Source: PYMTS

Stablecoin operator Circle files for IPO as revenues jump to $1.7bn

Circle Internet, the US group behind the world’s second-largest stablecoin, has filed to list in New York, the first major cryptocurrency company to try for an initial public offering since President ...

Source: Financial Times

US stocks tumble as consumer gloom raises stagflation fears

Americans express rising alarm over economy and job prospects as Trump’s tariffs weigh on outlook. Wall Street stocks dropped on Friday as signs of strain among American consumers added to worries the...

Source: Financial Times

Block chops 931 staff and closes open positions

US fintech Block is laying off 931 staff and closing 748 open roles, as the mobile payments and POS company undergoes a major reorganisation. Dorsey told staff that 391 roles would be cut for "strateg...

Source: Finextra

Affirm announces JPMorgan Chase merchants can soon offer installment loans at checkout

U.S. merchants who use JPMorgan to handle payments can soon add Affirm to their checkout pages, according to a release. Consumers will have access to loans ranging from 30 days to 60 months, according...

Source: CNBC

EToro goes public on IPO filing

eToro Group Ltd (“eToro”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial publ...

Source: Finextra