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C6 Bank secures fresh capital

Monday 17 August 2020 11:06 CET | News

Brazil-based digital lender C6 Bank has raked in USD 96 million in fresh capital to grow its loan book.

The fresh capital was injected by the key stakeholders of the bank, which currently has 2.5 million clients. Recently, the central bank of Brazil approved the additional funds from C6 Bank CEO and other investors. Therefore, C6 Bank is now operating with USD 229.2 million in the capital.

The digital bank will use the fresh capital to offer more loans to its customers as well as small businesses, but also to invest in its online platform and in customer acquisition.


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Keywords: Brazil, C6 Bank, banks, digital, lender, digital bank, loans, online
Categories: Banking & Fintech
Companies:
Countries: Brazil
This article is part of category

Banking & Fintech