Brazil’s fintech Creditas buys used car sales startup Volanty

The acquisition strengthens Creditas' strategy in its automotive products ecosystem, Creditas Auto.

RIO DE JANEIRO, BRAZIL - Creditas announced this Monday, July 26, an agreement to acquire used car buying and selling platform Volanty. With this transaction, the company strengthens the positioning of its newest brand focused on the automotive segment: Creditas Auto, which had been officially launched in May 2021.

The information was released when the company announced its second-quarter financial results, but the value of the acquisition was not quantified.

This is not the first time the company has gone on a buying spree. Last week, the fintech announced the acquisition of Minuto Seguros, entering the insurance sector. Previously, Creditas . . .

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