Capim, a São Paulo-based fintech specializing in buy now, pay later (BNPL) solutions for dental services, has raised $26.7 million in a Series A funding round. The investment was co-led by QED Investors and Valor Capital, with participation from existing investors ONEVC, Canary, and NXTP, as well as new backers Endeavor, Saison, and Actyus – a fund led by Creditas CEO Sergio Furio.
Founded in July 2021 by co-CEOs Marcelo Lutz and Roberto Biselli, Capim offers a vertical SaaS platform designed to digitize and streamline operations for dental clinics across Brazil. The company’s BNPL solution allows patients to finance dental procedures over extended periods, providing a more flexible alternative to traditional credit card installments.
“Unlike the common practice in Brazil of paying in installments with credit cards, which requires both a credit card limit and the ability to pay within a limited number of installments, typically up to six or 12, our solution offers greater flexibility, allowing payments of up to 36 installments.” – Roberto Biselli.
The newly secured funds are earmarked for several strategic initiatives, including the launch of a point-of-sale (POS) terminal with lower merchant discount rates, integration of payments into Capim’s SaaS platform, development of AI-powered tools to enhance clinic operations, and acceleration of the company’s expansion efforts.
Since its inception, Capim has facilitated access to dental care for over 60,000 Brazilians and expanded its network to 6,000 dental clinics, with plans to reach over 10,000 by the end of the year. The company has also achieved significant financial milestones, including tripling its revenue in 2024 and reaching breakeven at the end of that year.
The successful funding round underscores investor confidence in Capim’s innovative approach to addressing challenges in the dental care sector through technology and flexible financing solutions.
