Here are the highlights on Brazil’s tech and business scene in August
Fintech Nubank received a new round of investment of US$ 300 million on June 4 that has not yet been revealed. The document with the information was filed with the SEC.
CyberLabs, a Brazilian artificial intelligence (AI) startup, raised a US$5 million round led by Redpoint eventures. With the investment, it aims to expand efforts in research and development of AI to help the reopening of the Brazilian economy.
The Brazilian Central Bank approved the transfer of corporate control from Banco Ficsa to C6. Ficsa has R$ 24 million in assets and a credit portfolio of R$ 77 thousand.
Decolar.com raised US$ 200 million and had an agreement to buy the Brazilian fintech Koin for R$ 20 million. The company offers online installment solutions via boleto.
Fintech Pontte received an investment round of R$160 million from a global investor. Founded in May 2019, Pontte focus on credit and real estate financing and has Mauá Capital as the largest investor.
Stone raises about $US 1.4 billion in a follow-on offering at Nasdaq.
Wildlife Studios received a US$ 120 million round of Series B financing, reaching a valuation to nearly US$ 3 billion. Vulcan Capital led the investment round with participation from existing investor Human Capital.
Stone acquires Linx for US$ 1.1 billion and will issue US$ 1 billion in new shares to finance the deal.
Capital Indigo led an investment of R$20 million on Beejobs, AI-enhanced recruitment platform. The startup shall use the funds to improve its tech and for business development purposes.
The technology company Sinqia acquired Itaú Soluções Previdencárias (ISP), controlled by the Itaú Group, and focused on technological tools for private pension companies. The acquisition value was R $ 82 million.