Josias C.

Which fintech companies received new investments last week? 1️⃣ Kanastra was founded in 2022 by Gustavo Mapeli and Manuel Netto in Brazil. It operates as a capital markets infrastructure, a platform that simplifies debt facilities for both originators and investors by bringing a tech-driven solution to the market. They have just raised US$ 20.86 M in Series A funding, led by new investors KASZEK and Atlantico. Returning investors Valor Capital Group, QED Investors, Quona Capital, Actyus, also participated in the round. 2️⃣ Fizz, a NY-based company founded in 2021 by Carlo Kobe, Scott S., and Christopher Kinyua, offers student debit cards enabling them to earn cashback. They have just raised US$14.4 M in seed funding, led by new investor Kleiner Perkins, with participation from returning investor Y Combinator. New investors New Era Capital Partners, SV Angel, and other unspecified investors also participated in the round. __________ 🟣 Projections on FinTech can be found in our report, available for free download: Global FinTech Market Analysis: Trends, Investments, Emerging Startups & Future Outlook (🔗 link in the comments) __________ 3️⃣ Torpago, another US company founded in 2019 by Brent Jackson, helps banks launch cutting-edge business credit card programs. They raised US$ 10 M in Series B funding co-led by new investor Priority Technology Holdings, and returning investors EJF Capital LLC, BankTech Ventures, and other unspecified investors. 4️⃣ FXLoader is a cloud-based provider of currency exchange rates, servicing Oracle Cloud, Salesforce, and ERP applications. Established in 1998 by Peter Care and based in Hampshire, UK, FXLoader was acquired by insightsoftware, a portfolio company of Hg, TA Associates, and Genstar Capital. 5️⃣ Based in St. Gallen, Switzerland, and founded in 2020 by Sebastian Büchler, Lauro Böni, Lukas Plachel, PhD, and Jan-Philip Schade, PhD, Kaspar& offers seamless and comfortable access to professional financial services across asset advice, asset management, investment advice, and finance. Kaspar& just raised US$ 2.79 M in seed funding thanks to Avaloq. We congratulate you on the successful capital raise! __________ 🟣 Stay tuned for more news on the latest investments and trends in private markets and get instant access to data on: ▶ 4,000,000+ private companies  ▶ 23,000+ upcoming funding rounds  ▶ 750+ markets ▶ 31,000+ investment firms by visiting #DealPotential website and requesting a free trial today. #investments #fintechstartups #privatemarkets

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It's gratifying to see the crypto universe and innovation becoming increasingly part of people's lives, especially in important areas like culture. The immersive exhibition "Decade of the Oceans - 1st National Cryptart Exhibition" has been at the CCBB - Centro Cultural Banco do Brasil in São Paulo since March 27, bringing together innovation, technology, and art. The theme was defined in partnership with the UN regarding the Decade of the Oceans, which runs from 2021 to 2030. Events like this show how Blockchain is increasingly present in our daily lives, becoming an accessible means of promoting culture. Here at WEB3DEV, we understand this role and want to bring more knowledge about this decentralized universe! If you want to learn more about Blockchain, we have a study group every Tuesday at 7 pm in our Discord community! https://lnkd.in/dW5qVMJR

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Friday is here and so is your brief!🔥 Funding for Financial Flexibility 💪🏼 Vixtra, a São Paulo-based startup, has secured $36 million through a combination of debt and equity funding to propel the expansion of its financial solutions for importers. This funding round, which includes a $30 million debt facility supported by asset managers such as Capitânia and Verde, alongside a $6 million seed extension, will enable Vixtra to enhance its technology and broaden its service offerings in international trade finance. Co-founded by Leonardo Baltieri and Guilherme Rosenthal, Vixtra provides groundbreaking credit facilities secured against cargo in transit, offering importers vital financial flexibility without the need for traditional collateral. / https://bit.ly/3Qu99B1   More Runway for Fashionable Carbon Management🐈 Carbonfact, a Paris-based startup providing dedicated carbon management solutions for the fashion industry, has raised $15 million in a Series A round led by Alven. This latest round underscores the growing demand for specialized sustainability tools tailored to specific sectors. Carbonfact's platform, which integrates deeply with companies' existing systems to offer precise carbon footprint calculations, is designed to meet stringent new regulatory requirements in the U.S. and EU, positioning it as a critical tool for fashion brands aiming to enhance their sustainability reporting and practices. / https://bit.ly/3UnDen6 Building Blocks of the Future 🏗 Kubik, Inc., an Ethiopian startup specializing in plastic upcycling, has secured a $1.9 million seed extension to expand its transformative technology across Africa. The funding round was led by African Renaissance Partners, with contributions from Endgame Capital and King Philanthropies, emphasizing the startup’s commitment to turning plastic waste into sustainable building materials. With plans to license its proprietary technology for broader adoption, Kubik aims to drive significant environmental impact by providing cost-effective, low-carbon construction solutions, starting with its operations in Addis Ababa and targeting pan-African expansion from 2025. / https://bit.ly/44sphZJ Credits for Transparent Carbon Credit 💳 goodcarbon, a German startup focused on nature-based carbon offset solutions, has secured €5.25 million in funding to enhance its platform and broaden the reach of its environmental projects. Led by Ocean 14 Capital and supported by Silver Strand Capital, along with several angel investors and existing backers, the funding will advance Goodcarbon's efforts to address critical gaps in the quality and transparency of carbon credits. As Goodcarbon extends its influence globally, it is set to play a pivotal role in driving the transition towards a sustainable future by facilitating significant investments in nature-based solutions that promise not only carbon reductions but also biodiversity restoration and community benefits. / https://bit.ly/3Wo6uMU

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Member Firm Turim's Chart of the Week. Translated into English: The Central Bank of Brazil (BCB) defines international reserves as foreign assets readily available to meet eventual balance of payments financing needs, intervention in foreign exchange markets, and other related purposes. In practice, reserves can be understood as an "insurance" that the monetary authority can use to prevent momentary liquidity problems from having negative repercussions on the economy, as was observed in several countries, such as Mexico, Thailand and South Korea, which experienced currency crises throughout the 1990s.   In Brazil, this measure is presented from the perspective of two concepts: the international standard and the concept of liquidity. The first is composed of reserves in convertible currencies, reserves in the International Monetary Fund (IMF), credits in special drawing rights distributed by the IMF, gold and other assets in a smaller proportion. The second adds, in addition to the assets covered by the international standard, the securities acquired with a repurchase agreement and loans in foreign currency in which the BCB acts as a creditor. These two versions of international reserves are presented in this week's chart.   It is worth mentioning that, although it is not yet reflected in the official data, the Central Bank held an additional foreign exchange swap auction in April, the first that was not only intended to cover the rollover of contracts expiring since 2022. This intervention, which amounted to about US$1 billion, took place on the eve of the maturity of approximately US$3.7 billion in government bonds indexed to exchange rate variation (NTN-A3). It is understood that this type of movement, which is analogous to the sale of dollars by the BCB, should help minimize exchange rate volatility. However, the Real has continued to depreciate sharply since the beginning of the month. 📅 #ViewoftheWeek is a weekly series from Turin where, from a graph, we will analyze and reflect on various topics related to the market, economy, history and trends.   #ChartoftheWeek #FamilyOffice #WealthManagement #Turim #Economia #MercadodeTrabalho #Hiato #BancoCentral #FMI #BCB

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It takes time to build a business, specially if you are trying to build something big. You will suffer like never have suffered before and will always ask yourself why you are doing what you are doing. The bigger the dream, the more difficult your journey. You will make so many mistakes that you won't even recognize yourself. But eventually, if you keep focused and your energy high, you will find your way. Today we announced our Q1-2024 results at Creditas. We are now a company with close to US$400mn revenues, 42% gross profits and profitable. We kept growing despite the market turmoil and the resilience paid off. We are back to Day 1 in the company, and now with profitable growth we open a new chapter in our history. We will continue investing in technology to improve the life of millions through asset-backed lending and insurance products. Congrats to the Creditas team and all the resilient investors in this journey: QED Investors, SoftBank Group Corp., KASZEK, Redpoint eventures, Fidelity Investments, Wellington Management, Prosus Group, IFC - International Finance Corporation, Mouro Capital, VEF, Quona Capital, Tarsadia Investments, Amadeus Capital Partners, Advent International,Headline, Lightrock, Actyus, Igah, Ventures., Endeavor Catalyst... and special thanks to Endeavor and Endeavor Brasil for an amazing partnership over a decade. *** *** *** In Q1-24, we achieved net income of R$ 1,4 mn, marking our first profitable quarter in the history of the company.    Guided by a long-term strategy and the ability to navigate through different economic scenarios, we are one of the few fintechs in the sector that has managed to combine revenue growth with financial sustainability, as evidenced by the highlights of our financial results: * Gross profit of R$ 206.2 mn * Revenue of R$ 486 mn  * Operational breakeven in all core products: auto equity, home equity, and payroll-backed loans Return to steady state margins, achieving a gross margin of 42% on revenueLearn more on our Investor Relation website  https://lnkd.in/d5ntW827

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A venture capitalist with nearly two decades of experience. He's invested in over 6 unicorns, including iFood, CargoX, and Pismo. Meet Rodrigo Baer, co-founder of Upload Ventures and a key figure in developing venture funding in Brazil. 🧠 Key Takeaways #1 Evaluate growth strategies: Quickly identify and adjust or remove activities that don't drive your startup's growth. #2 Use investor insight: Engage investors as strategic partners to navigate challenges and optimize performance. #3 Prioritize efficiency by strategically expanding your team; start small to perfect your sales process before scaling, ensuring each step aligns with your business goals. Listen to the full episode here 👇 Spotify: https://lnkd.in/ex6iv5EJ Youtube: https://lnkd.in/eJMCuUef Apple Podcasts: https://lnkd.in/ewT3Gw2x

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Join Us for V20 Brazil 2024! We’re thrilled to share a sneak peek into the upcoming V20 Summit in Brazil with Ray Moran and TERCIO QUEIROZ. In this trailer, they delve into the significance of the event, hosted by IBAPE Nacional, Brazil's foremost valuation institute. This year's V20 will cover crucial topics like international valuation standards, ESG, AI, and more, bringing together top valuation professionals and G20 representatives. It's not just about learning—it's about building connections that matter. 📅 Event Dates: September 30 - October 1, 2024 Why Attend: - Expert Insights: Gain knowledge from leading professionals. - Global Standards: Understand the aspects of International Business Valuations. - Networking: Connect with industry leaders and peers. - Cutting-Edge Topics: Explore AI, ESG, and the future of valuation. Stay tuned for the full interview and get ready to elevate your expertise in valuation! 📧 Contact: info@aarvf.org   🔗 Learn more & register: [Link in the comments] #iiBV #IBAPE #AaRVF #IVSC #V20 #ValuationSummit #ESG #BusinessValuation

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Join us for the upcoming #Hello #Tomorrow webinar, organized by CAOS Focado e Wylinka! 🗓 06/05, 12:30 Brazilian Time. You will gain insights from experts and startups: Diogo Dutra, Maristela Meireles, Idris Revert, Pedro Zacarias (Brazilian Embassy in Paris), Suzano Ventures! Hello Tomorrow is the most inspiring event, where disruptive #innovation and the #brightest and #passioned people solving big humanity problems gather together to network and fundraise!🌍💡 Sign up here: https://lnkd.in/dUEa8ByW This is just a little taste of my two favorite sessions: 👇💖 🧠💻EXPLORING THE ADVANCES IN BRAIN COMPUTER INTERFACES 2024 is THE year of BCI. No wonder why BCI is a trend in the 'Tech trends to watch 2024' from CB Insights! And Neuralink first brain implants could not be left out!🔥 Experts discussed the pros and cons of invasive versus non-invasive BCI, advances, clinical impact, challenges of data ownership, privacy, and much more! Nataliya Kosmyna, a researcher from MIT, showcased her developed glasses with embedded brain sensors. Balint Varkuti, CEO of Ceregate GmbH, explained the huge impact of invasive BCI in surgery and procedures! 📝 But the main takeaway is… "Phones will become obsolete and will be replaced by brain-worn devices! They will be mainstream within 6 years." 💥 👀 I am so glad SleepUp is on the right track with its EEG headband for #sleep & #brain health! 🚀😴 💰🌱DEEPTECH FUNDING LANDSCAPE It was a great discussion with the best experts about investment, trends, hurdles, ecosystems, founders! Pae Wu – General Partner at SOSV Steven Jacobs – Partner at Lakestar  Yoram Wijngaarde – Founder CEO of Dealroom.co 📝 My key takeaways are... - Deeptech investment requires a combination of VCs, Corporates, Grants, and Debt as funding strategy. - What makes a good entrepreneur: maniacal and infectious passion and resilience, ability to move fast, and find the easiest paths. - Investment trends: big world problems, democratization of computing, hardtech components, water, space, climate, health, tech bio, clinical trials, cyber security, material science. - What is a deeptech startup: science breakthrough tech being applied for the first time into products. - Deeptech requires an international mindset and presence: it is important to be in the right place, with high density of talent, resources, investors, as they drive growth. - Europe is the heart of deeptech investment, representing the largest investment category, mainly UK, FR, SE. Meanwhile, the USA focuses more on late-stage and represents 20% of the total investment. #hellotomorrow #deeptech #innovation #science #tecnology #investors #startup #BCI #wearables #BraincomputerInterface #healthtech #Medtech #investment #brain #sleep #movimentodeeptech

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In Brazil, the two most common business structures are Sociedade Limitada (LTDA) and Sociedade por Ações (SA). Understanding the features of each type is crucial for making informed decisions when starting a business in Brazil. Let's delve into the details of each: Sociedade Limitada (LTDA) The Sociedade Limitada, or LTDA, is the most popular business structure in Brazil. A key feature of the LTDA is that the liability of its partners is limited to the company's capital, protecting personal assets from business debts or obligations. It is now possible to have a LTDA with just one partner, known as a "Sociedade Limitada Unipessoal." This model offers simplicity in business structure while maintaining limited liability. The internal rules for managing the company, its operations, and profit distribution are outlined in the company's Articles of Association. Sociedade por Ações (SA) The Sociedade por Ações, or SA, is typically used for larger companies, especially those looking to raise capital through the issuance of shares. There are two types of SA: public (with shares traded on the stock exchange) and private (without public trading of shares). The SA's main advantage is its ability to attract significant capital and provide a structure for companies with expansion plans or those seeking to go public. However, it comes with greater regulatory requirements and administrative complexity. When choosing between LTDA and SA, you should consider the LTDA is simpler and more flexible, making it ideal for most businesses, while the SA is better suited for companies with significant capital needs or public offering plans. Before deciding on a structure, it's advisable to consult with experts in Brazil to ensure you're making the right choice for your business and complying with all legal requirements. #doingbusinessinbrazil

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📹#WebSummitRio: What VCs don't want you to know Editor-in-chief Gustavo Ribeiro talks with Latitud co-founder Brian Requarth about the startup scene. As we know by now, investors’ caution to startups in the last couple of years was not due to a lack of money but to pursuing more profitable and predictable portfolios. 🔗Watch the full discussion on our YouTube here 👇 https://lnkd.in/dMWXxpZB #WebSummitRio #Startups #Investors

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🌟 Proud to share this comprehensive report on Investing in Minas Gerais (my state) from the Financial Times! 🚀 🔍 Key Insights: - Minas Gerais: Brazil's bellwether state, reflecting the nation's diverse political, economic, and social fabric. - Governor Romeu Zema: A potential dark horse in Brazil's next presidential race, navigating the delicate balance between business and politics. - Belo Horizonte: Embracing tech and quality of life initiatives to rejuvenate Brazil's first large planned city, confronting modern-day challenges head-on. - Brumadinho Dam Disaster: The 2019 tragedy continues to shape global mining industry standards, highlighting the importance of safety and transparency. - Lithium Potential: Minas Gerais emerges as a hotspot for lithium exploration, revitalizing regions once overlooked. - Niobium Niche: Delving into the energy sector, Brazilian niobium gains attention with implications for global markets. 📈 Don't miss this opportunity to gain insights into how Minas Gerais is driving Brazil's future! Dive deeper into the report here: #Investing #MinasGerais #Brazil #Economy #Insights 🇧🇷 https://lnkd.in/dGmJmUrr

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_We shall emphasized that VC landscape in Brazil entered a period of consolidation in 2023. _LAVCA has released that investors deployed US$4 billion across 770 transactions in Latin America, with US$1,764 billion being directed at 325 Brazilian start-ups. #venturecapital #startups #mastropasqua

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FOUNDERS, let's talk. 📣 Let's talk about what it means to be "Investor Ready" to receive your first #investment. We all know that #capitalraising is both an art AND science. Our job at @Kairos is to take 15+ years of experience and guide founders through this process of knowing WHAT and WHEN so they can get closer to that investor saying "yes". That's the reason for our "Investor Ready" on demand course, which is now available for pre-sale❗️❗️❗️ But we understand you may want to ask questions and know: What Will This Course Do for ME and MY COMPANY at the end? Well join me for an honest discussion with Investor Ron Love and let's talk about why it's so important to be Investor Ready We are happy to answer those questions and so much more, so join me at the end of the month to answer those questions. 🗓 : June 25th at 12 pm EST 🔗 : https://lnkd.in/gxn3Ab8q

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With its vibrant culture and booming economy, #Brazil's startup ecosystem is a force to be reckoned with. #Innovation thrives in this dynamic environment, fueled by a young and tech-savvy population. #Entrepreneurship is at the heart of Brazil's startup scene, with a growing number of ventures making their mark both locally and globally. #Investment is pouring into the country, highlighting the confidence that investors have in Brazil's potential. #Government support is also a key factor, with initiatives and policies aimed at fostering the growth of startups. #Challenges exist, as in any ecosystem, but Brazil's startups are resilient and adaptable, finding creative solutions to overcome hurdles. #Collaboration is a hallmark of the Brazilian startup community, with entrepreneurs and stakeholders coming together to drive innovation forward. #Impact is a priority, with many startups focusing on social and environmental issues, creating a positive change in society. #Global ambition is strong among Brazilian startups, with many looking to expand beyond borders and reach new markets. #Diversity is celebrated, with startups representing a wide range of industries and backgrounds, reflecting Brazil's rich cultural tapestry. #Future looks bright for Brazil's startup ecosystem, with continued growth and success on the horizon. Explore our insightful report for a comprehensive view of this thriving nation. 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝘄𝗲 𝗹𝗲𝗮𝗿𝗻, 𝗮𝗻𝗱 𝘁𝗼𝗴𝗲𝘁𝗵𝗲𝗿 𝘄𝗲 𝗴𝗿𝗼𝘄! #UKIndia #Election2024 #GlobalTrends #globalelection2024 #politics #news #india #trending #vote #StartupBrazil #entrepreneurship #innovation #venturecapital | Gupy | Jusbrasil | Dafiti | Creditas | Sólides Tecnologia | Contabilizei | Buser Brasil | iFood | Facily | Hurb | Memed | QuintoAndar | Ministry of External Affairs, India | Brazilian Ministry of Foreign Affairs (Itamaraty) | Kenneth Felix Haczynski da Nóbrega | #ShriSureshReddy | #MauroVieira | #MelanieHopkinsOBE | Embassy of Brazil in London

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Do want to know one Spinoff of School of Economics, Business and Accounting at the University of São Paulo? Do you want to engage in the entrepreneurship path and create your own startup from your technology developed at USP - Universidade de São Paulo ? Please join us on May 9, 2024!! Márcio Assêncio Araújo , Kander !!!

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Brazil's Tech Boom: Capitalizing on Opportunities in a Thriving Digital Ecosystem Brazil's technology sector is experiencing an unprecedented boom, fueled by a vibrant startup culture and significant digital transformation across multiple industries. In recent years, the country has emerged as a leading hub for innovation in Latin America, with substantial growth in sectors such as fintech, healthtech, and educational technology (edtech). This surge is supported by a combination of factors including a large and tech-savvy consumer base, substantial venture capital investment, and strong government incentives aimed at boosting the digital economy. Fintech, in particular, stands out as a sector where Brazil is not just regional, but increasingly a global leader. Brazilian fintechs have successfully leveraged the widespread adoption of mobile internet access to offer services ranging from mobile payments to financial management tools, dramatically increasing financial inclusion for millions of Brazilians. The success stories of companies like Nubank, which became one of the biggest digital banks in the world, underscore the potential for scalable innovation in this space. In the realms of healthtech and edtech, Brazil is also making significant strides. Healthtech startups are revolutionizing patient care through telemedicine and AI-driven diagnostic tools, responding to the challenges of a vast and unevenly distributed population. Similarly, edtech initiatives are transforming educational access, providing remote learning solutions and educational resources that are crucial in a country with stark disparities in educational quality and access. For international companies looking to tap into Brazil’s thriving tech ecosystem, the opportunity is ripe for strategic investments and collaborations. Establishing partnerships with local startups, engaging in venture funding, or setting up R&D centers in Brazil can provide a gateway to not only the Brazilian market but also the broader Latin American region. As Brazil continues to pave its way as a leader in technological innovation, the prospects for impactful and profitable engagements look promising. This dynamic environment presents a unique chance for forward-thinking companies to be part of a major digital revolution. #BR789 #Brazil #LatinAmerica #Startup #Tech

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Ranked third globally for its abundance of fintech startups, did you know that Brazil's ecosystem thrives with a 7% maturity index? The country's financial landscape is soaring along with major innovations and partnerships globally. How will Brazil's fintech use case inspire other countries to harness their fintech prowess for global innovation? Tune in to fintech titans and visionaries at #FIIPRIORITY in #Rio: https://lnkd.in/dy8rurhX 🗓️ June 11-13, 2024 📍 Copacabana Palace, Rio de Janeiro #Brazil #fintech #startups

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