Smart Compass

Brazilfintech

Smart Compass is a Brazilian credit recovery startup that acquires and manages non-performing loan portfolios, primarily from credit unions. The company raises debt capital to purchase distressed assets, aiming to recover value through administration and collection processes. Its customers are credit unions and other financial institutions in Brazil seeking to offload bad debt. The startup has raised $17 million in debt from private investors and R$100 million through a strategic partnership with Itajubá Capital, projecting acquisitions totaling R$1.5 billion.