Brazilian SaaS startup Capim lands a $26.7M Series A

Capim, a startup offering Brazilians the option to buy now, pay later (BNPL) for dental services, has raised $26.7 million in Series A funding, it tells TechCrunch exclusively. Founded in July 2021 by Marcelo Lutz and Roberto Biselli, who serve as co-CEOs, São Paulo-based Capim describes itself as a vertical SaaS company specializing in the dental sector. It claims that its operating system helps dentists digitize and manage their clinics, and increase revenue. One of the things Capim’s software does, for example, is help patients book appointments digitally at connected clinics. On the BNPL front, the company says this offering is less expensive than an alternative like a credit card. “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,” ... Read full article.