Altis Raises US$10M Through FIDC to Expand Vehicle Financing Operations

Altis, a Brazilian fintech specialized in credit-as-a-service, has taken a new step in its growth strategy by securing fresh funding through a structured credit investment vehicle. The transaction strengthens the company’s position in the automotive financing segment and supports its expansion plans amid rising market demand.

$10M Raised Through Credit Rights Investment Fund

Altis raised $10 million via a Credit Rights Investment Fund (FIDC) structured by Galapagos Capital. The funding marks a strategic milestone for the fintech, as it aligns with its operational model and long-term focus on scalable credit origination.

The capital will be allocated primarily to accelerate Altis’ vehicle financing operations and to expand its capacity to serve the growing needs of Brazil’s automotive market.

Enabling Credit Origination Without Banking Intermediation

Altis provides a digital platform that allows companies to originate credit directly, without the need to develop proprietary infrastructure or build specialized credit teams.

Through its solution, partner companies can offer financing to their customers while Altis manages the entire credit lifecycle, including risk assessment, credit approval, and receivables management. This structure enables businesses to operate independently of traditional banking intermediaries.

According to the company, the use of an FIDC is a natural extension of this model, given its focus on receivables-based credit operations.

Growing Client Base and Credit Origination Pipeline

Founded by Pedro de Paula, Luiz Bettega, and Eduardo Renda, Altis currently serves more than 180 clients. To date, the fintech has originated over $2 million in credit and projects that this figure will reach $60 million over the next two years, reflecting its growth ambitions and expanding market footprint.

By combining technology, structured credit vehicles, and a service-based model, Altis continues to position itself as a key enabler of embedded finance solutions in Brazil.

Focus on Automotive Financing Expansion

With the new funds, Altis plans to strengthen its presence in the automotive financing segment, an area experiencing increased demand. The investment will support operational scaling and improve the fintech’s ability to meet higher transaction volumes without compromising efficiency.

This move positions Altis to deepen its role as an infrastructure provider for credit origination in a sector that requires speed, flexibility, and risk control.

As demand for embedded finance and alternative credit solutions continues to grow, Altis’ credit-as-a-service model positions the company to play a larger role in Brazil’s evolving financial ecosystem. By combining technology, structured credit vehicles, and end-to-end credit management, the fintech aims to scale responsibly while enabling businesses to offer financing with greater autonomy and efficiency.