Brazilian fintech Klubi, the only fintech authorized by Brazil’s Central Bank to operate as a consortium administrator, has secured an additional $5.9 million in a Series A extension. This new capital, contributed by existing backers Pátria Investimentos, L4 Venture Builder (via B3), and Cyrela Ventures, brings Klubi’s total financing over the past year to approximately $14.2 million. The fresh funding will support technological development, product expansion, and marketing to modernize consumer credit access in Brazil.
Modernizing a Traditional Market
Founded in 2020 by Eduardo Rocha, Klubi is targeting a long-standing inefficiency in Brazil’s consortium market — a product with strong consumer appeal that remains bogged down by analog processes and inefficient distribution. Rocha, a veteran who previously led the consortium unit at Rodobens, believes that digital technology can unlock scale and drive broader access to low-cost credit alternatives.
Technology and AI at the Core
Klubi’s proprietary AI assistant, Kris, lies at the heart of its technology-first strategy. Kris handles roughly 200,000 customer interactions per month with around a 90 % first-contact resolution rate across sales, support, and collections — significantly enhancing operational efficiency and helping the company sustain low delinquency rates.
Strong Growth and Investor Confidence
The company’s performance metrics signal rapid scaling. Klubi’s portfolio has grown beyond $370 million (≈R$2 billion), and its annualized revenue has reached roughly $33 million (≈R$180 million), about three times the previous year. These results have bolstered confidence among its investor base, with Pátria and L4 executives highlighting the firm’s maturation and innovation since its pre-operational days.
Strategic Expansion and Future Outlook
The newly secured capital will be allocated to strategic initiatives that accelerate Klubi’s competitive positioning and broaden its product suite. A significant portion will enhance AI capabilities and marketing efforts to grow both direct-to-consumer and institutional channels. Klubi is also expanding into the insurance sector, having obtained the necessary regulatory license to operate as a broker.
Looking ahead, Klubi has set ambitious long-term targets, projecting its portfolio to surpass $920 million (≈R$5 billion) and its revenue to more than double by 2026. The company also expects to reach break-even in the coming year as it scales core and adjacent offerings.
Klubi’s successful Series A extension underscores its progress in digitizing a traditionally analog segment of Brazil’s financial system. With strong backing from institutional investors and an AI-driven operational model, the company is positioning itself as a key player in widening access to credit and transforming how Brazilian consumers engage with consortium products.