Kanastra Raises $30 Million Series B from F-Prime to Spearhead Brazil's Private Credit Infrastructure Development
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Kanastra Raises $30 Million Series B From F-Prime To Spearhead Brazil's Private Credit Infrastructure Development
Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank's investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America's largest bank. The new capital …
Kanastra Raises $30 Million Series B from F-Prime to Spearhead Brazil's Private Credit Infrastructure Development
Kanastra, a financial technology company providing technology infrastructure and services for private credit funds and securitizations, today announced a $30 million Series B round led by F-Prime, with contributions from the International Finance Corporation (IFC), the World Bank’s investment arm, as well as follow-on investments from current investors Kaszek, Valor Capital, Quona Capital and Itaú, Latin America’s largest bank. The new capital w…
According to the company, the new resources will be used to accelerate the development of new products, advance back-office automation and expand the customer base.
Kanastra — a startup that provides back office services for funds and secured products — has just raised R$ 170 million in a row led by F-Prime, a subsidiary of Fidelity, and had the participation of IFC, the World Bank's investment arm. The series B round has only eight months after Kanastra has raised a round with Itau through China Ventures. Before, it had captured Series A with Kaszek Ventures and the Atlantic Fund.
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