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Brazilian salary-backed credit market expands 225% amid high interest rate environment
Valor Econômico·BR·about 8 hours ago
São Paulo-based fintech Presença has raised R$ 300 million through a Credit Rights Investment Fund (FIDC) to scale its payroll loan operations. The firm targets a disbursement goal of R$ 1 billion by 2027, focusing on private sector, INSS, FGTS, and SIAPE beneficiaries.