💸 Fintech Bull raises R$ 10 million to grow in private payroll credit

The fintech Bull, founded by André Paiva (former XP), has just raised R$ 10 million in a round led by Canary and Endeavor Scale-Up Ventures.

The focus? Expand the private payroll credit platform, a model that connects companies to financial institutions to offer loans with payroll discounts — traditionally more common in the public sector.

🔍 Highlights:

Goal of R$ 1 billion in loans originated in the next 12 months

White label model for companies to offer the benefit with their brand

Favorable regulation and a market estimated at R$ 300 billion in Brazil

Bull wants to expand its customer base and invest in technology and team

📈 This movement shows the advancement of financial wellness solutions in companies and the appetite of funds for corporate credit fintechs.

💬 What do you think of the private payroll credit model in the private sector?

Would you use such a benefit from your company?

👇 Leave your opinion in the comments! $BTC $BNB

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