Kinea Ventures, the CVC arm of Itaú, led a ~USD5.4m Series A for Paketá, a Brazilian credit consignment platform, with follow-on from Shift Capital. Shift Capital led a ~USD1.8m seed round…
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Lofoten Capital led a ~USD36m Series D for LivUp, a Brazilian DTC frozen meal delivery platform, with participation from Cadonau and angels Milton Seligman and Ricardo Rolim (Ambev), Christian Egan…
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Apex Partners led a R$8m round in Spark, a Brazilian influencer marketing platform. The round comes after founders Raphael Pinho, Marcus Buaiz, and Rafael Coca repurchased their shares from Colombian marketing…
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Hent, a Brazilian property rental management platform, raised R$5m from Canary. Hent was one of seven Brazilian startups to participate in YC’s W20 batch. The company is founded by Leonardo Pinho, co-founder…
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XP Investimentos held an IPO on the Nasdaq at an opening price valuation of ~US$18b. Itaú Unibanco acquired a significant stake in XP in 2018. General Atlantic and Brazilian investment…
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Kinea Investimentos, the private equity wing of Brazilian bank Itaú, acquired a 20% stake in Wiser Educação for R$200m. Wiser Educação operates a chain of language schools throughout Brazil. (Reuters)…
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Brazil’s antitrust authority CADE has approved the purchase of a minority stake in financial services broker XP Investimentos SA by Itaú Unibanco Holding SA. General Atlantic and Brazilian investment firm…
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Santander Bank has launched a new initiative in partnership with Endeavor dubbed Radar Santander. The program is designed to provide mentoring, networking and access to the bank’s international clients and…
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(Valor Economico) – Today, shareholders of Unidas approved the implementation of an initial public offering of shares. The operation will be primary, with the issuance of new roles, and secondary,…