QED Investors and KASZEK led a USD40m Series C for Hash, a Brazilian payment services provider for non-financial companies looking to offer banking services, with participation from Endeavor Scale-Up Ventures. QED Investors led a USD15m Series A in April; KASZEK and Canary invested ~USD2.6m in 2019.
(TechCrunch) – Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek.
The raise comes just six months after the Brazilian startup raised $15 million in Series B financing led by Alexandria, Virginia-based QED, and brings its total raised to nearly $59 million since its 2017 inception. Endeavor Scale-Up Ventures also put money in the round.
Hash offers “end-to-end” payment infrastructure for non-financial B2B companies looking to offer banking services — from point-of-sale (POS) software and mobile applications to dashboards and payments. Its white-label software builds customized payment services, focusing on B2B companies with large customer chains and partners.
Read more at TechCrunch.