Lara, a health financing platform in Brazil, has secured a 45 million kronor investment to enhance its lending offerings and expand its operations in the growing healthcare industry.
Information on the Target
Lara is a leading health financing platform based in Brazil, providing innovative financial solutions specifically tailored for dental clinics, aesthetic practices, and other healthcare providers. The company operates a fully automated point-of-sale (POS) lending platform that simplifies the process of obtaining credit for patients, allowing them to access financing options directly at the clinic without the need for a credit card. This user-friendly system has enabled Lara to improve access to healthcare services, making it easier for more Brazilians to afford necessary treatments.
Currently, Lara collaborates with over 1,000 clinics across Brazil. The platform's success can be attributed to its digital onboarding process, instant credit approvals, and automated loan agreement signing, which streamline the financing experience for both providers and patients alike. This innovative approach has positioned Lara as a prominent player in the Brazilian healthcare financing market.
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Industry Overview in Brazil
The Brazilian healthcare sector has been experiencing significant growth, driven by an increasing demand for accessible healthcare services and financing solutions. As the population continues to expand, there is a growing need for
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Disclosed details
Transaction Size: $4M