BX Blue, a company under PicPay, offers a fresh approach to how retirees and public servants obtain and manage their consigned loans. Launched in 2016 and accelerated by Y Combinator, BX Blue operates as a Consigned Credit marketplace, providing individuals with transparent, easy, and fast access to the best loan offers from banks. The company has made significant strides in the Financial Services and Fintech industries from its headquarters in Brazil.
The latest injection of capital, a noteworthy BRL38.00M Series A investment on 27 January 2021, involved a consortium of key investors, including FJ Labs, FundersClub, Iporanga Ventures, and Igah Ventures. This funding has positioned BX Blue for continued growth and innovation in the competitive financial technology market.
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