Brazilian neobank Agibank raised $97.4M through its seventh public issuance of financial bills.
The issuance consisted of two tranches. The first carries a 24-month term and pays CDI plus 0.60% per year. The second carries a 36-month term and pays CDI plus 0.75% per year.
Agibank offers digital banking and secured lending products to Brazilian consumers underserved by traditional financial institutions. The bank operates through a digital platform and a network of more than 1,000 service points across Brazil.
The transaction settled on June 18 and will support the expansion of Agibank’s lending operations and the growth of its credit portfolio.
As of March 2026, Agibank reported a loan portfolio of $6.92B, up 30% from a year earlier.
Source: LatamList
