Zippi Closes US$ 44M FIDC to Scale Microbusiness Credit, led by Credit Saison

Zippi has completed the third issuance of its Credit Rights Investment Fund (FIDC), raising US$ 44 million (R$220 million) in what becomes the largest fundraising round in the company’s history. The transaction also marks the entry of its first international investor, reinforcing the fintech’s strategy to expand working capital solutions for Brazilian microentrepreneurs.

Zippi Closes US$44M FIDC Issuance with International Backing

The Brazilian fintech announced the conclusion of the third issuance of its Fundo de Investimentos em Direitos Creditórios (FIDC), totaling R$220 million. The operation represents the largest capital raise since the company’s founding.

This new series brings in Credit Saison as Zippi’s first international investor, alongside Itaú Asset, Itaú BBA (Treasury), Bradesco BBI, and Valora Investimentos.

With this issuance, Zippi surpasses the combined volume of its previous fundraisings. In 2024, the company raised approximately US$13.2 million, followed by US$16 million in 2025. The fintech now expects to close 2026 with around US$70 million under management in its FIDC.

Credit Designed Around Retail Cash Flow

According to André Bernardes, CEO and co-founder of Zippi, the company’s approach challenges traditional credit models for microentrepreneurs in Brazil.

“For decades, Brazilian microentrepreneurs were treated as end consumers and offered products that do not reflect how their businesses truly operate. At Zippi, we design credit based on real retail cash flow, using Pix as infrastructure and combining multiple data sources to provide working capital at the pace of each business. With partners of this caliber, we will continue accelerating credit expansion for more than 21 million micro and small businesses in Brazil,” he stated.

The model leverages Pix-based transaction flows and alternative data to structure working capital solutions aligned with daily retail dynamics.

2026 Projections: Growth and Portfolio Quality

Looking ahead, Zippi expects to move approximately US$2 billion in transactions by the end of 2026, following a year in which the company doubled in size in 2025.

The newly secured funding is intended to support the expansion of its active customer base and increase the transaction volume per client, while maintaining a focus on the Brazilian market.

Bruno Lucas, CFO and co-founder of Zippi, emphasized the importance of capital structure optimization:

“We enter 2026 with a capital structure more aligned with the operational cycle. We expanded credit volume and improved both the cost and predictability of funding, which supports development throughout the year with a focus on portfolio quality.”

Strengthening Credit Infrastructure for Micro Businesses

The US$ 44 million issuance reinforces Zippi’s positioning in Brazil’s micro and small business segment. By combining structured funding through its FIDC with data-driven underwriting and Pix-based operations, the fintech aims to scale credit access while preserving financial sustainability.

With international participation and a stronger funding base, Zippi enters 2026 focused on expanding credit distribution, increasing transaction volume, and maintaining disciplined portfolio performance in one of Latin America’s largest small business markets.