# Rebel Tecnologia e Correspondente Bancário Ltda.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rebel-tecnologia-e-correspondente-bancario-ltda

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.rebel.com.br/
- Total disclosed funding: $4.5M
- Latest round: Series A (Oct 19, 2018)
- Investors on record: 4

## About

Rebel Tecnologia e Correspondente Bancário Ltda. specializes in providing personal loan services through an online platform, ensuring efficient access to credit for individuals across Brazil.Founded in 2015, Rebel operates from São Paulo, Brazil, offering personal loan services. The company has made six deals, with the latest being a significant merger in March 2021 with Geru Tecnologia e Serviços SA to form Open Co Group. Founder Paulo Nunes has a background in establishing financial solutions, reflecting expertise in the fintech sector. The company has raised a total of BRL 42.000 mn in funding with the latest round also amounting to BRL 42.000 mn, backed by investors including FinTech Collective and Monashees Capital.Rebel's primary offering is a user-friendly online platform for personal loans, characterized by competitive interest rates between 1.9% and 9.90% per month, determined by the borrower's creditworthiness. The service is designed for flexibility, allowing users to borrow varying amounts with repayment terms spanning 6 to 36 months. This platform caters to a diverse clientele, enabling them to finance personal projects, consolidate debts, or address urgent financial needs. The company's services are marketed throughout Brazil, ensuring accessibility for users nationwide.In 2020, Rebel reported revenue of BRL 372728.7. The company's revenue model primarily involves acting as a banking correspondent for several financial institutions, receiving compensation from partners rather than charging customers directly, which fosters transparent relationships and repeat business.Following the merger in March 2021, Rebel's strategy for future growth includes expanding its footprint through Open Co Group. The company aims to enhance its service offerings and increase its market presence. Utilization of the latest funding will support these initiatives, although specific upcoming products or geographic expansions have not been detailed.

## Funding rounds

- Series A, Oct 19, 2018, $4.5M — Monashees, J. Malucelli Seguradora SA, Pointbreak, XP Asset Management
- Seed, Sep 30, 2017 — Monashees

## Investors

- Monashees (https://capitalatlas.ai/funds/monashees) — Seed, Series A
- J. Malucelli Seguradora SA — Series A
- Pointbreak (https://capitalatlas.ai/funds/pointbreak) — Series A
- XP Asset Management (https://capitalatlas.ai/funds/xp-asset-management) — Series A