Ribbit Capital leads $26.7M round for Brazilian fintech Cora

Ribbit Capital leads $26.7M round for Brazilian fintech Cora

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/04/05/ribbit-capital-leads-26-7m-round-for-brazilian-fintech-cora/

Cora, a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital.

Kaszek Ventures, QED Investors and Greenoaks Capital also participated in the financing, which brings the startup’s total raised to $36.7 million since its 2019 inception. Kaszek led Cora’s $10 million seed round (believed at that time to be one of the largest seed investments in LatAm) in December 2019 with Ribbit then following.