Celcoin announces US$125 million investment led by Summit Partners for expansion in BaaS and embedded finance market
Amount Raised
$125 Million
Round Type
Venture
BarueriFinancial ServicesFinanceBankingInvestors
Description
Brazilian fintech Celcoin has announced a US$125 million investment led by global growth equity investor Summit Partners. Existing investor Innova Capital and experienced financial technology executive John Coughlin are also participating in the round. The new funding will support Celcoin’s expansion plans as the company works to continue delivering new and innovative products to strengthen its leadership position in the BaaS and embedded finance market.
Quick answer
Celcoin raised $125 Million in a funding round, dated June 18, 2024. Investors: John Coughlin, Innova Capital and Summit Partners. Celcoin is based in Barueri, Sao Paulo, Brazil.
- How much did Celcoin raise?
- Celcoin raised $125 Million in a funding round on June 18, 2024.
- Who invested in Celcoin?
- John Coughlin, Innova Capital and Summit Partners are named as investors in this round.
- What does Celcoin do?
- Celcoin, founded in 2016, is a leading company in the Banking as a Service (BaaS) financial technology market.
- Where is Celcoin based and how big is it?
- Celcoin is based in Barueri, Sao Paulo, Brazil. Fundz records about 351 employees.
- Who are the decision-makers at Celcoin?
- Fundz holds 1 contact at Celcoin. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as Celcoin that raised within 45 days of this round, from Fundz verified event records.
- Clix Capital raised $20M on August 1, 2024.
- Sumitomo Mitsui Financial Group raised $494K on July 25, 2024.
- Onramp raised $14M (Funding Round) on July 18, 2024.
- Seeds Fincap Pvt. Ltd raised $8.5M (Series A) on July 17, 2024.
- GBank Financial Holdings raised $3.3M on June 25, 2024.
- Curve raised $250M (Corporate Round) on June 24, 2024.
Who to call at Celcoin, and when
A new round usually means Celcoin is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Celcoin raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Celcoin, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Celcoin. With Fundz connected, it knows.
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Related People
Celcoin raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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