Tilt Acquires Blipay to Expand Consumer Credit Access in Brazil

San Francisco-based Tilt has completed its acquisition of Blipay, a Brazilian salary advance lender with more than six million registered users, announced in a press release. The deal gives Tilt an immediate presence in Brazil, Latin America's largest consumer credit market, marking its fourth international market after Mexico, the Philippines, and India.

Tilt uses cash flow and alternative data rather than traditional credit scores to evaluate consumers seeking access to credit. Its products include credit cards, lines of credit, and no-interest cash advances. Blipay operates in Brazil using open banking data and Pix instant payments to deliver credit to those underserved by traditional banking channels.

According to Tilt, the acquisition expands its international customer base and allows the company to apply its global credit modeling framework to a new market. Blipay will continue to focus on expanding fair credit access in Brazil with Tilt’s support and infrastructure.

Blipay was founded in 2021 and is headquartered in São Paulo. Its banking partners, BMP Money Plus Sociedade de Crédito Direto and Money Plus Sociedade de Crédito ao Microempreendedor, will continue to facilitate credit and liquidity services through the platform.