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Latina-Founded Banking-As-A-Service Provider Novopayment Raises $19M Series A

PRIVATEApr 19, 2022

Amount Raised

$19 Million

Round Type

Series A

MiamiFinancial ServicesSoftware

Description

NovoPayment announced it has secured $19 million in Series A financing, led by Fuel Venture Capital and IDC Ventures, to further scale NovoPayment's Banking-as-a-Service (BaaS) platform in existing markets and the US. NovoPayment offers a full-stack, multi-country, and multi-currency API cloud-based platform that powers digital banking, payment and card solutions. The fintech pioneer is strengthening its footprint across the Americas to serve even more financial institutions, fintechs, neobanks, digital merchants, and acquirers.

Quick answer

NovoPayment raised $19 Million in a Series A round, dated April 19, 2022. NovoPayment is based in Miami, Florida, United States.

How much did NovoPayment raise?
NovoPayment raised $19 Million in a Series A round on April 19, 2022.
What does NovoPayment do?
NovoPayment is the leading payment processor in Central America, Mexico, the Caribbean, and the Andean region.
Where is NovoPayment based and how big is it?
NovoPayment is based in Miami, Florida, United States. Fundz records about 247 employees.
Who are the decision-makers at NovoPayment?
Fundz holds 2 contacts at NovoPayment. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as NovoPayment that raised within 45 days of this round, from Fundz verified event records.

  • Pluto raised $4M (Seed) on June 3, 2022.
  • Bellatrix Aerospace raised $8M (Funding Round) on June 1, 2022.
  • Zenbase raised $4.1M (Seed) on May 31, 2022.
  • Vendia raised $30M (Series B) on May 31, 2022.
  • Republic raised $100M (Series A) on May 31, 2022.
  • Mondu raised $43M (Series A) on May 30, 2022.

Who to call at NovoPayment, and when

A new round usually means NovoPayment is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day NovoPayment raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at NovoPayment, from your own LinkedIn network

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Company Information

Company

NovoPayment

Location

Miami, Florida, United States

About

NovoPayment is the leading payment processor in Central America, Mexico, the Caribbean, and the Andean region. Our API-powered platform enables businesses and financial institutions to launch and scale digital banking and payment solutions, empowering consumers, and businesses with seamless, secure, and innovative financial services.

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Fundz sees it the moment NovoPayment raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

NovoPayment raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.