Starting next Monday, the 19th, Telefónica will launch Vivo Money in the Brazilian market, a personal credit service for its clients with a contract, which will allow loans of up to US$ 5,360 with a repayment period of between 6 and 24 months.

This service was launched in Spain a year and a half ago under the name Movistar Money, granting to date more than 30,000 loans for a total amount of US$ 98.3 million.