Altis raises $10M through FIDC

Altis, a Brazilian fintech focused on credit-as-a-service, raised $10M through a Credit Rights Investment Fund (FIDC) structured by Galapagos Capital. Altis offers a digital platform that allows businesses to originate credit without building their own infrastructure or hiring specialized teams. The platform handles the full credit cycle, including risk analysis and receivables management, enabling partners to offer financing directly without relying on traditional banks. With the funds, Altis will accelerate its vehicle financing operation and expand capacity to meet growing demand in the automotive market.