Fintech

Brazilian Fintech Alume Raises $7M

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9 months ago

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Brazilian Fintech Aluminum raised $7 million in a Japan-led round Credit Season in the fund’s first investment in higher education financing in Brazil.

With the funds, Alume will provide more loans to medical students and newly graduated doctors.

Alume offers loans to medical students in Brazil. The fintech is expanding by adding an accounting service for doctors who operate as legal entities and need help managing their accounting and taxes.

“Alume differentiates itself by combining technology with deep medical industry knowledge. Our medical accountants provide superior expertise and tax savings for professionals,” he said. Peter SilverCo-founder and CEO of Alume.

Founded in 2019, Alume has over 4,000 customers and has issued $29 million in loans to date.

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