DealMakers: Entrepreneur | Startups | Venture Capital

DealMakers: Entrepreneur | Startups | Venture Capital


Sergio Furio On Building A $1.7 Billion Business By Empowering Brazilians To Take Control Of Their Lending Needs

February 21, 2021

Sergio Furio made the leap from corporate job to fintech founder. Having raised around $600M in capital, his startup was recently valued at $1.7B. His company, Creditas has recently raised funding from top-tier investors like Sunley House Capital Management, e.ventures, SoftBank Vision Fund, and Wellington Management, among others.

In this episode, you will learn:

* The difference in raising money in the USA versus Latin America
* His top advice before starting a company, that could save you years
* Why you can’t rely on your talent, and must become a people person, or hire great people-people if you want to survive

Alejandro Cremades · EP 301 Sergio Furio On Buiding A $1.7B Business By Empowering Brazilians
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About Sergio Furio:
Sergio Furio is the Founder & CEO of Creditas, the leading secured lending platform in Brazil. With more than US$600 million in VC funding and 400 employees, the company is one of the top funded technology companies in Latin America. By using consumers’ properties (houses and cars) as a collateral and reinventing the secured lending origination process, Creditas cuts the high interest rates that Brazilians pay for traditional consumer lending. Before founding Creditas in 2012, Sergio was a strategy consultant at The Boston Consulting Group in New York and Madrid, and an investment banker at Deutsche Bank.
Connect with Sergio Furio:

* Crunchbase
* LinkedIn
* Twitter
* Facebook

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FULL TRANSCRIPTION OF THE INTERVIEW:
Alejandro: Hello everyone,