Brazil’s Agibank raises $410M in fund issuance
The digital bank also has roughly 900 locations, mostly in underserved communities. This raise is the company’s third receivables-backed issuance.
Capitolis confirms $220M in financing, including $120M Series E
The fintech raised a $120 million Series E and additional debt financing. Citi led the equity financing, with participation from Bank of America, Nomura, Tradeweb Markets, Barclays, BNP Paribas, J.P. Morgan, State Street, and UBS. First Citizens Innovation Banking (nee Silicon Valley Bank), Hercules Capital, and Pinegrove Venture Partners financed the debt.
Spiko raises $90M Series B
Spiko is a leader in tokenized cash funds. The raise was led by New Enterprise Associates (NEA), with participation from Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, Shapers, White Star Capital, Blockwall, Frst, EQNX, Mirana Ventures, Wintermute Ventures, Axel Weber and Bundesbank founders
Brazilian paytech Asaas raises $58.6M
Asaas is a payments and financial management platform for SMEs. The funds are earmarked to advance receivables financing for cards.
Receivables fintech Stuut raises $52.5M Series B
Stuut automates all steps of order-to-cash. Insight Partners led the round; participants include Andreessen Horowitz, M12, Microsoft’s Venture Fund, and Activant. The company has raised $93 million in total.
Bitcoin insurtech Meanwhile raises $37.5M
Sam Altman-backed Meanwhile claims to be the first life insurer licensed to operate entirely in Bitcoin. All funding participants are existing investors. Bain Capital Crypto led the raise, with participants including Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital.
Paymob confirms $35M pre-seed round
The Egyptian payments infrastructure service provider plans to expand regionally with the new funds. Founded in 2015 by Islam Shawky, Alain El Hajj, and Mostafa Menessy, it leverages mobile wallets.
Colombia’s KOA raises $25.6M
The debt raise was a securitization on Bogotá’s stock exchange. The fintech targets older age groups.
Cagney’s Navra completes $19M A round
Ribbit led the oversubscribed round. Other participants include Baseline, DCM, Jump Crypto and Figure Technology Solutions. The company simplifies investor blockchain access
Mexico’s Kontempo welcomes $10.5M A round
Kontempo focuses on industrial supplier commercial credit. Portage and IGNIA led the raise; participants include Tectonic and MS&AD. Total company funding now tops $40 million.
Brazilian insurtech Stay raises $5.9M
Stay helps companies offer private pension plans to employees. Citrino led the raise; Norte, 17Sigma, and BTV participated.
Peppermint secures sweet $4.7M raise
Peppermint simplifies financial operations for clinical research teams. Moxxie led the raise. Participants include Homebrew, Better Tomorrow Ventures, Layout Ventures, Digital Health Venture Partners, and Night Capital. Angel investors include Benjamin Mann and Evan Moore.
Stablecoin paytech IMMIX raises $3.5M
Crane Venture Partners, BTSE and Portfolio Ventures participated. IMMIX’s model employs an AI-powered pricing engine and institutional liquidity infrastructure to complete conversions, usually in currencies other than USD.
Argentine customer engagement firm UIN announces $2M seed round
UIN helps banks, fintechs, and wallets keep users active. Latin American venture capital firm Ewa Capital led the raise; Driven VC, Brazilian Venture Capital, ADN, GAIN, New Ventures, Santiago Siri and LAN Accelerator participated.
Argentina’s Berry picks $2M seed
The cash will fund a U.S. expansion for users in Argentina and other markets. Morgan Creek led the raise, with Coinbase Ventures, Ripio, and Social Graph Ventures participating.
Supercycle Finance acquires Presearch
Supercycle Finance acquired Presearch, including its privacy-focused search platform and peer-to-peer compute platform, Hypavolt. Keith Moore chairs Supercycle Finance. Other founding team members include Ismael Malik, COO, and Jasmine Shih, CMO.