Brazilian Fintech Nexoos reaches the R$500 million mark of SME loans

Founded in 2016, the fintech was the first in the country to offer peer-to-peer lending.

RIO DE JANEIRO, BRAZIL - One of the pioneering fintechs in Brazil in the modality of peer-to-peer lending, Nexoos last week reached the R$500 million mark in loans to small and micro businesses (SMEs) on its platform. The sum has been accumulated since the company began operating in the country in 2016.

"We like to celebrate milestones and we are very happy. Having reached this level gives motivation for our entire team to pursue the 1 billion reais mark," says Nexoos cofounder and president Daniel Gomes.

Owner of a marketplace that connects investors to small companies looking for . . .

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