# Enova (Simplic)

**Source:** https://www.startuphub.ai/startups/enova-simplic
**Profile type:** Startup

> Simplic is a Brazilian fintech offering flexible and uncomplicated online personal loans.

## About

Simplic, founded in 2014, is a Brazilian fintech company that provides flexible and uncomplicated online personal loans. They offer a simple application process for individuals seeking credit, with funds deposited directly into their bank accounts after approval, aiming to make accessing personal credit easier.

## Key facts

- **Slug:** enova-simplic
- **Website:** https://www.simplic.com.br/
- **Location:** São Paulo, Brazil
- **Founded:** 2014
- **Operating status:** Active
- **Total funding:** $10M
- **Sectors / tags:** Fintech, Lending, Consumer Lending, Digital Payments, Embedded Finance, Credit Solutions
- **Social:**
  - Twitter: https://twitter.com/SimplicBR
  - Facebook: https://www.facebook.com/simplicemprestimo

## Frequently asked

### What does Enova (Simplic) do?

Simplic, founded in 2014, is a Brazilian fintech company that provides flexible and uncomplicated online personal loans. They offer a simple application process for individuals seeking credit, with funds deposited directly into their bank accounts after approval, aiming to make accessing personal credit easier.

### How much funding has Enova (Simplic) raised?

Enova (Simplic) has raised a total of $10M in funding. The most recent round on record is Series A.

### Where is Enova (Simplic) headquartered?

Enova (Simplic) is headquartered in São Paulo, Brazil.

### When was Enova (Simplic) founded?

Enova (Simplic) was founded in 2014.

### What industry does Enova (Simplic) operate in?

Enova (Simplic) operates in Fintech, Lending, Consumer Lending, Digital Payments, Embedded Finance, Credit Solutions.

### What is Enova (Simplic)'s revenue?

StartupHub estimates Enova (Simplic)'s annual revenue at $3.6M (range $1.6M to $10.8M, 29% confidence), based on comparable companies in the sector.

### What is Enova (Simplic)'s valuation?

StartupHub estimates Enova (Simplic)'s effective valuation at $35.5M (range $25.0M to $60.0M, 10% confidence), based on comparable companies in the sector.

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