With new investment, Rispar should expand services to the crypto universe

With just over a year of operation, the fintech Rispar, which offers credit in reais with a guarantee in cryptocurrencies, had a contribution of resources from Buena Vista Capital and intends to expand the offer of financial services in the national crypto ecosystem.

The amount of the investment was not disclosed by Buena Vista Capital, but this is the manager’s first investment in a crypto-asset platform. “What made us very confident in the investment was the alignment of the vision that the crypto market and the traditional financial market will converge in the near future. This places Rispar as an essential platform for customers,” says Buena Vista CEO Renato Nobile.

Since it started operating, Rispar has already surpassed the mark of R$12 million in originated credits and has more than 80 bitcoins collateralized as collateral. These results were boosted by another contribution made to fintech by QR Capital, a venture capital holding company in the crypto ecosystem.

For the CEO of Rispar, Rafael Izidoro, the contribution from Buena Vista will help strengthen the fintech team to accelerate the delivery of other innovations to the market. “We listened to our customers and prioritized unprecedented features in this sector, which incorporate the benefits of crypto assets as collateral, the more traditional lines of credit, such as auto equity, home equity and installment purchases. With this, we will continue with an extremely competitive product, offering the best credit conditions”, says the CEO.

New FIDC

This week, QR Asset Management, manager of the QR Capital group, launched QR Rispar Crédito Cripto I, Credit Rights Fund (FDIC), which invests in Rispar’s Bank Credit Notes (CCBs), which are guaranteed by bitcoin. The fund’s goal is to raise BRL 100 million in the medium term.