# Velotax Serviços de Tecnologia Ltda.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/velotax-servicos-de-tecnologia-ltda-2

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.velotax.com.br/
- Total disclosed funding: $125M
- Latest round: Series A (Oct 22, 2025)
- Investors on record: 3

## About

Velotax Serviços de Tecnologia Ltda., based in São Paulo, Brazil, specializes in offering digital solutions for the anticipation of income tax refunds, leveraging technology to facilitate quick loan access for workers in need of financial support.Founded in 2020 in São Paulo, Brazil, Velotax operates as a digital platform focused on providing fast access to income tax refunds through online loan applications. The company raised USD 125 mn in Series A funding on October 22, 2025, from investors including Picus Capital, QED Investors, and Valor Capital Group. The founder's background details are not disclosed, and there are no known mergers or subsidiaries.Velotax operates as a prominent digital platform specializing in the anticipation of income tax refunds (IRPF) for workers in Brazil, particularly targeting individuals with formal employment. The company's core offerings allow end users to receive their tax refunds quickly by facilitating a seamless online loan application process. Users can download the Velotax app, simulate their credit options, and confirm loans that provide funds directly to their bank accounts, often within 48 hours. This service is especially beneficial for those with a formal employment relationship, as it offers solutions for financial liquidity without requiring credit card details or physical branch visits. Velotax serves a diverse clientele across Brazil, with services available in major urban centers and metropolitan areas, catering specifically to employees in need of financial support during tax refund periods.Velotax generates revenue primarily through its loan products, specifically targeting individuals anticipating their tax refunds. The company's business model involves direct transactions between Velotax and its clients, who utilize the platform to access quick credit solutions. For instance, when a user applies for a loan of R$300, they are provided with a total repayment amount structured around predetermined interest rates, which are clearly defined within the platform. Revenue is derived from the interest charged on these loans, which can be as high as 5.0% monthly, translating to an annual rate of 80.0%. The company’s operations are structured to accommodate both formal employees and individuals with credit challenges, expanding its market reach while maintaining a focus on user-friendly, online financial services.In October 2025, Velotax Serviços de Tecnologia Ltda. raised USD 125 mn in Series A funding, which will be used to expand its AI credit platform and enhance its financial-inclusion strategy across Brazil. The company plans to develop new products aimed at improving user experience and accessibility, with a focus on launching these innovations in the coming months. Additionally, Velotax is looking to broaden its reach into new markets within Brazil, targeting both urban and rural areas to ensure that financial solutions are available to a wider audience.

## Funding rounds

- Series A, Oct 22, 2025, $125M — QED Investors, Valor Capital Group, Picus Capital

## Investors

- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series A
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A
- Picus Capital (https://capitalatlas.ai/funds/picus-capital) — Series A