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Creditas, a Brazilian secured loan startup, has been valued at US$4.8 billion (R$26.2 billion) in a new series F round of US$260 million (R$1.4 billion), Valor Econômico reported. . The company is planning to go public on the US Stock Exchange sometime this year.

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The round included new investors, such as Fidelity Management & Research, the Spanish fund Actyus and Greentrail Capital; and former, such as QED Investors, VEF, SoftBank Latin America Fund and Kaszek Ventures. Creditas' previous contribution was in December 2020, when it raised US$ 255 million (R$ 1.3 billion) and was valued at US$ 1.75 billion – that is, it gained unicorn status.

In the third quarter of last year, Creditas achieved revenue of US$ 46.9 million (R$ 256 million), a growth of 233% compared to the same period in 2020. On the other hand, at the same time it suffered losses from US$ 14.8 million (R$ 80.8 million).

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Between losses and gains, the startup continues with its plan to seek a market value between US$ 7 billion and US$ 10 billion (R$ 38.2 billion to R$ 54.6 billion) in the IPO (public offering of shares, in English). The market estimate is that this will be the biggest initial offer of a Brazilian company in the year. CEO and founder Sergio Furio expects Creditas to have closed revenue of US$ 200 million (R$ 1.1 billion) in 2021.

According to Valor, the resources of the new contribution should be used mainly to maintain the growth and gain of customers, in addition to investing in more technology and planning mergers and acquisitions with other companies. Founded in 2012, the company currently has 4,000 employees spread across São Paulo, Curitiba, Porto Alegre, Recife, as well as Valencia (Spain) and Mexico City — in the latter, since 2019. In addition to credit, it offers renovation solutions selling used cars online (Creditas Auto) and electric motorcycles.

Read the article on Canaltech.

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The App Store makes thousands of applications available for download and, among them, there are paid ones, which require a single purchase, or those that require a subscription for special features. Whichever you choose, you'll need to register a debit or credit card on the App Store to get them.

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For this, your Apple ID is responsible for managing the card and authorizing you to make purchases on your Apple device and to Family Sharing members. So, in addition to you, up to five people can use the same payment method to buy apps from the Apple store, buy subscriptions, get Apple Music, buy books through Apple Books, and buy movies or music from the iTunes Store.

See below how to register your credit or debit card in the App Store on iPhone, Mac and iTunes on PC.

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How to Add a Card in the App Store on iPhone

1. Open the Settings app and tap "your name". Then go to "Payment and Delivery";
   

   

2. Tap "Add a payment method" and enter your credit or debit card information;
3. Finally, tap "Done".

How to Add a Card in the App Store on Mac

1. Open the App Store on Mac. Select "your name" at the bottom side of the screen;
2. Click on "View Information". Next to "Payment Information", click "Manage Payments";
3. Select "Add a payment method" and enter your credit or debit card information;
   

   

4. Click "Done" to finish.

How to Add a Card in the App Store from iTunes on PC

1. Open iTunes on PC. Then, at the top of the window, go to "Account" > "View My Account" ;
2. Under "Payment Information, click "Manage Payments";
   

   

3. Select "Add" to register a credit or debit card and finally click "Done".

How to request a refund for App Store purchases

If you made a purchase or subscription in error, you can request the transaction cancellation on the App Store and request a refund of the invested amount. This can especially happen due to access to your payment method by family members in the Family Sharing program.

Please keep in mind that due to Apple's privacy policy, no other person, even if they are part of the program, has access to your credit or debit card details. Therefore, they can only use the payment method for services offered by Apple.

Read the article on Canaltech.

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