Tag: Brazil

Brazilian neobank Z1, which is aimed at providing teenagers with a digital bank account, has reportedly scored $10m in its Series A funding round.

FinTech companies in the region raised $9.7bn so far in 2021 boosted by huge funding rounds in Brazil

Swap, a bank-as-a-service platform based in Brazil, has capitalised on its 300% customer base growth with the close of a $25m Series A investment.

Brazilian InsurTech company Justos has collected $35.8m in its Series A round, which comes just months after its seed close.

Hash, a Brazilian FinTech company that provides payment infrastructure for B2B companies, has reportedly raised $40m in Series C funding.

Sao Paulo-based company Gabriel has snagged $12m from a Series A funding round led by the SoftBank Latin America Fund.

Brazilian InsurTech company Pier has reportedly raised $20m in its Series B funding round, as it looks to receive regulatory approval.

Receivables marketplace Monkey has reportedly collected $6m in its Series A funding to help double its team.

Funding in H1 2021 already surpassed last year’s total by $4.7bn, fueled by sizeable deals over $50m

Brazil-based digital bank has C6 Bank received an investment from JPMorgan Chase, which sees it take a 40% ownership stake in the FinTech.