Brazil's Ume secures R$150m FIDC to expand retail lending partnerships

Ume, a Brazilian credit fintech, has raised R$150 million (about US$28.5 million) through a receivables investment fund, known in Brazil as a FIDC, and plans to expand its partnerships with retailers, Valor Econômico reported on 20 March 2026.

Ume operates a platform that enables retailers, marketplaces and service companies to offer credit directly to their own customers without building their own financial infrastructure. Its technology combines AI-driven credit decisions, customer interactions powered by large language models and integration with Brazil's Pix instant payment system.

FIDC FUNDING

FIDCs (Fundos de Investimento em Direitos Creditórios) are investment funds that acquire credit receivables from originators. Ume previously secured a US$20 million FIDC facility in August 2024 with investors including Verde Asset, Western Asset and Itaú.

BACKGROUND

Founded in 2019, Ume began in Brazil's North region, including Manaus, offering digital instalment credit at the point of sale through small and mid-sized regional retailers. By 2022 it was working with 76 retailers in the states of Amazonas, Roraima and Rondônia, with customers able to split purchases into up to four instalments through the Ume app and retailers paid two days after the sale. The company earned revenue from merchant discount fees and consumer interest. Its co-founders include Berthier Ribeiro-Neto and Marco Cristo.

In September 2025 the company raised a US$21.8 million Series B round led by Valor Capital Group and Bewater, with participation from PayPal Ventures, NFX, Globo Ventures, Canary and BigBets. The company said at the time that it would use those funds to expand its payment network and strengthen its technology, AI infrastructure and commercial capabilities. That round followed a US$15 million Series A led by PayPal Ventures in August 2024.