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Capim, a Brazilian BNPL startup for dental services, lands a $26.7M Series A

Capim, a Brazilian BNPL startup focused on dental services, raised $26.7M in Series A funding to enhance its SaaS offerings and expand payment options. Co-founded in 2021 by Marcelo Lutz and Roberto Biselli, the startup has helped over 60,000 Brazilians access dental care and aims to grow its network of clinics, driven by AI and lower transaction fees.

Key points

  • Capim raised $26.7M in Series A funding led by Valor Capital and QED Investors.
  • Founded in July 2021 by Marcelo Lutz and Roberto Biselli, Capim offers BNPL options for dental services.
  • The startup provides a SaaS platform that aids dental clinics in digital management and appointment booking.
  • Consumers can pay for dental treatments in up to 36 installments, which is more flexible than traditional credit cards.
  • Capim's interest rates for BNPL are 50% lower than those of traditional banks.
  • The funding will support a new POS terminal that lowers merchant discount rates and integrates with their financial tools.
  • Capim has helped over 60,000 people access dental procedures and aims to expand from 6,000 to over 10,000 clinics.
  • The company claims to have tripled its revenue in 2024 and broke even at the end of last year.

Why it matters

  • The BNPL trend aligns with the increasing demand for flexible payment options post-COVID.
  • The expansion of digital health solutions has been accelerated by the pandemic, emphasizing the need for efficient management tools in healthcare.
  • Investments in fintech and SaaS solutions have grown, reflecting the broader trend in digital transformation across various sectors by 2025.

Capim's successful funding round and growth trajectory underscore the potential for innovative fintech solutions in transforming traditional sectors like dentistry, providing increased accessibility and efficiency.