LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • #changetheratio
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • #changetheratio
  • Engage
    • VC Council
    • VC Members
  • LAVCA

KaszeK Ventures Leads R$100m Series A in Brazilian Broker Dealer Ideal

September 21, 2020
KaszeK Ventures Invests in Ideal

KaszeK Ventures led a R$100m Series A in Ideal, a fully digital Brazilian broker dealer for institutional investors.

(Press Release) Broker dealer Ideal announced today a BRL 100 million funding round led by Kaszek Ventures. This is the largest Series A funding ever received by a Latin American fintech. Investors involved in this round will hold minority shareholder interest in the broker, and the deal awaits Brazilian Central Bank approval.

Ideal was born in 2019 with the goal of providing innovative services in the financial intermediation market. It offers cutting-edge technology for institutional investors and has been profitable from day one. In spite of its brief history, Ideal already ranks among the 3 largest Brazilian brokers in traded volumes. The new capital injection will allow the company to broaden and diversify its customer base and its activities in different segments and products.

“Our initial model has quickly proven to be effective and we have consistently been profitable. The goal of raising capital is to accelerate our growth process and enter new lines of business, in industries where we see potential for efficiency and scale gains through the adoption of our technology,” says Lucas Cury, Ideal’s COO.

Ideal sets itself apart from the institutional market due to its fully digital process, with no human intervention whatsoever – something that usually increases prices and operational risks.

Having achieved acknowledgement and respect in the institutional market, Ideal wants to reach retail customers. “We are currently developing our project for retail investors, always mindful of our mission: to provide the best tech infrastructure, to empower customers and eliminate conflicts of interest by creating a win-win mindset that benefits clients and the service provider. Our achievements so far have shown that our vision is correct,” states Nilson Monteiro, Ideal’s CEO.

Kaszek Ventures is the perfect partner to advance this successful journey. “We were looking for more than an investor: we wanted to build something together. Kaszek was a natural choice. We share the same DNA, the same long term vision and the same culture,” adds Monteiro.

“In a short period of time Ideal was able to transform the way institutional investors trade. Their assumption was proven right, which is evident in their results and in their presence among the 3 largest brokers in Brazil – all of that in less than 18 months. Ideal is also tremendously successful among demanding customers, whether local or international,” says Santiago Fossatti, a partner at Kaszek. “They have an amazing track record, but we know there is still a lot to be done. Kaszek is not looking just for companies: we want to bet in winning teams. Hence our excitement to partner with Ideal for the next steps of this journey.”

KaszeK Ventures Leads R$100m Series A in Brazilian Broker Dealer Ideal was last modified: September 29th, 2020 by cramos
finance brokersFintechIDEALKaszek venturesLucas CuryNilson MonteiroVenture Capital
0
Facebook Twitter Google +

Submit VC News

Have private equity or venture capital related news that you would like to share? Submit your press releases and news to news@lavca.org.

Categories

  • Deals
  • Exits
  • Regulatory
  • M&A
  • New Funds & Firms
  • Partnerships

Sector Tags

agribusiness AgTech Artificial Intelligence B2B Big Data biotech Consumer/Retail delivery Digital Media & Entertainment e-commerce ecommerce EdTech Education Energy Financial Services fintech foodtech Healthcare Healthtech HRTECH Human Resources Impact Impact Investing Infrastructure InsurTech IoT IT Logistics & Distribution logistics and distribution marketplace Marketplaces Mobile Private Capital Private Equity Proptech Real Assets Real Estate SaaS Software Startup startups Technology Telecommunications Transportation venture capital

Geography Tags

Alquilando Argentina Argentine Austria Belize Bolivia Brasil Brazil Canada Canary Caribbean Central America Chile Colombia Costa Rica Dominican Republic Ecuador El Salvador Guatemala Honduras India International INTL Israel Jamaica Japan Kenya LatAm Latin America Mexico Miami Nicaragua Pan-Regional Panama Paraguay Peru Portugal Puerto Rico South Korea Spain United States Uruguay US USA Venezuela
LatAm Venture Bulletin

LatAm Venture Bulletin

The LatAm Venture Bulletin is a must-read roundup of startup deals and news on emerging technologies in Latin America, delivered to over 6,000+ investors, entrepreneurs, and corporates bi-weekly.
Asset Class *

Tweets

  • READ latest deal case featuring Aqua Capital's investment in 🇧🇷Brazil-based agribusiness/animal feed additives comp… https://t.co/vAgqJSEPRm

    22-Dec-2020

    Reply Retweet Favorite
  • 🚀LAVCA's #VC #femaleinvestors lists are out: ♀️ Top #Women Investing &⭐Emerging Women Investors in #LatinAmerica… https://t.co/D6bpZqL9LO

    10-Dec-2020

    Reply Retweet Favorite
  • #HappeningNow LAVCA's CEO @ivonnecuello sharing #LatAm #Tech sectors leading, #leapfrogging, & #Socialimpact data.… https://t.co/Bt2sgRQOFm

    11-Nov-2020

    Reply Retweet Favorite
  • 👩‍💻#weXchange2020 LAVCA's Executive Advisor y @CapriaVC 's Venture Partner @RoblesSusanaro y @NXTPvc's Managing Par… https://t.co/F7Fm1EOxZO

    11-Nov-2020

    Reply Retweet Favorite
  • 🔽DOWNLOAD the latest in a series of deal cases featuring LAVCA member Oria Capital's investment in 🇧🇷 software/CPaa… https://t.co/MzKHqR2tnv

    09-Nov-2020

    Reply Retweet Favorite

Keep in touch

Twitter Linkedin Youtube

About LAVCA

 

LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

LAVCA Offices

    New York City:
    589 8th Ave, 18th Floor
    New York, NY 10018

    Washington DC:
     2600 Virginia Ave. N.W., 500
    Washington, DC 20037

LAVCA Also Has a Regional Presence in:

    Silicon Valley:
    San Francisco, CA

Explore LAVCA.org

  • About LAVCA
  • Board, Team & Councils
  • Media
  • Contact Us
  • Membership Benefits
  • Members Only Access
  • Education and Programs
  • Research
  • Policy
  • LAVCA VC
  • Contact Us

@2020 - LAVCA. All Rights Reserved.


Back To Top