Tool Create startup animated videos in minutes, not in hours! 

Retailer Via Varejo acquires fintech Airfox

Brazilian retailer Via Varejo acquired fintech Airfox for an undisclosed amount. Meanwhile the fintech’s former CEO, Victor Santos, will assume the role of Chief Strategy Officer. From its headquarters in Boston, Airfox will operate as a fintech hub for Via Varejo. Via Varejo and Airfox’s budding relationshipBrazilian-born Victor Santos co-founded Airfox with Sara Choi in 2016. The fintech’s revenue came primarily from the interest rates it charged for the microloans it offered.

Startup Around is now on Telegram and Whatsapp. For the best startup stories & resources, subscribe us on Telegram & Whatsapp.
Get the best stories from Startup Around on Telegram