Tilt, the Nubank-backed HR TECH specializing in cash flow underwriting and financial product innovation for non-prime consumers, has acquired Blipay, a São Paulo-based salary-advance lender with more than 6 million registered users paying approximately $60 million upfront (split ~$20 million cash and ~$40 million in Tilt stock) with up to $85 million in additional performance-linked equity tied to gross profit growth over three years. The deal gives Tilt an immediate presence in Latin America’s largest consumer credit market and marks its fourth market entry outside the U.S., following Mexico, the Philippines, and India, with Blipay’s open banking-led underwriting and instant Pix disbursements closely mirroring Tilt’s own cash-flow-first credit model, with banking partners BMP Money Plus continuing to facilitate credit and liquidity products on the platform.

Tilt Acquires Blipay