TechFlow News, DeFi investment platform Credix has raised $11.25 million in a Series A funding round led by Motive Partners' early-stage fund and ParaFi Capital, with participation from Valor Capital Group, Victory Park Capital, and Ricardo Villela Marino, chairman of Itaú Latam.
Credix is a credit marketplace built on Solana that connects institutional investors with fintech companies in emerging markets. The funds will be used to expand operations across Latin America. Launched in Brazil in 2021, the company plans to begin operations in Mexico and Colombia later this year.
Earlier, in December 2021, Credix announced a $2.5 million seed round led by DRW Cumberland and ParaFi Capital, with participation from Solana Ventures and others.Original link
