Brazilian fintech company Robbin has raised USD 8 million in seed funding and established a USD 100 million credit fund to enhance its supply chain finance operations. The funding round was co-led by Canary, Atlântico, and Caravela, with contributions from AB Seed, Norte Ventures, and international investors Clocktower and Tomorrow Capital. Simultaneously, Robbin has structured a USD 100 million Fundo de Investimento em Direitos Creditórios (FIDC) in collaboration with Augme, the asset management division of XP, to exclusively support its credit activities. The company plans to fully utilize this capital by 2027.
Founded in 2023, Robbin is innovating within the Brazilian retail supply chain by enabling retailers to buy goods from manufacturers on installment plans, leveraging Brazil’s Pix instant payment system for real-time, cost-effective transactions. This system allows large manufacturers to offer personalized virtual cards to retail clients, integrating credit access, favorable payment terms, and loyalty benefits.
Robbin’s platform is powered by artificial intelligence, with funds from the seed round dedicated to developing its AI-driven credit and payments infrastructure. The company has introduced Robbinson, an AI assistant that streamlines credit applications for manufacturers’ sales teams via WhatsApp, highlighting a trend of embedding credit decision-making into commercial processes.
The establishment of a FIDC alongside the equity raise is a strategic move in Brazilian fintech, enabling firms to manage credit risk separately from equity and expand lending without further shareholder dilution. The partnership with Augme indicates Robbin’s ambition to tap into institutional capital markets as its credit portfolio expands.
