Capim Secures $26.7 Million to Enhance Buy Now, Pay Later (BNPL) Dental Care Services in Brazil
Capim, an innovative Brazilian startup specializing in buy now, pay later (BNPL) solutions for dental services, has recently secured an impressive $26.7 million in a Series A funding round. This significant investment, reported by TechCrunch, positions Capim to expand its offerings and enhance financial flexibility for patients seeking dental care.
Funding Details and Investor Participation
The Series A funding round was co-led by Valor Capital and QED Investors, with additional participation from existing investors such as ONEVC, Canary, and NXTP. New investors, including Endeavor, Saison, and Actyus, which is managed by Sergio Furio, CEO of Creditas, have also joined this round. To date, Capim has raised approximately $29 million, including an initial $2.5 million seed round at its launch in 2021.
About Capim and Its Innovative Solutions
Founded in 2021 by co-CEOs Marcelo Lutz and Roberto Biselli, Capim operates from São Paulo as a vertical SaaS provider tailored for the dental sector. One of the standout features of its platform is the BNPL solution, which allows patients to finance their dental treatments in up to 36 installments. This flexible payment option offers a more manageable alternative to conventional credit card payments.
Future Plans: Expansion of Financial Offerings
With the recent funding, Capim is set to enhance its financial services by launching a point-of-sale (POS) terminal. This new system will:
- Integrate with Capim’s financial management module
- Provide clinics with significantly lower merchant discount rates (MDR) on transactions
- Support payments via credit cards, debit cards, and Brazil’s real-time payment system, PIX
The introduction of the POS terminal is expected to streamline payment processes and further improve the financial experience for dental clinics and their patients.
Conclusion
Capim’s successful funding round underscores the growing demand for flexible financing solutions in the healthcare sector, particularly in dental services. As the company prepares to roll out its innovative POS terminal, it is poised to make a significant impact on how patients manage their dental expenses in Brazil.
For more information on BNPL solutions and their benefits, visit Investopedia.
