Pismo Raises $108 Million Series B Led By Softbank, Amazon And Accel To Enable Cloud-Native Financial Services Globally

Oct 19, 2021•about 4 years ago

Amount Raised

$108 Million

Round Type

series b

Sao Paulo

Description

Pismo, the cloud-native core banking and payments platform, today announced the signing of a $108 million Series B fundraising round, led by SoftBank Latin America Fund, Amazon and Accel with participation from B3, Falabella Ventures and PruVen and existing investors and Headline and Redpoint eventures. The funding will fuel the company's global expansion and accelerate the development of market-leading technologies for banking, payments, and financial markets infrastructure.

Company Information

Company

Pismo

Location

Sao Paulo, Sao Paulo, Brazil

About

Pismo is a technology company providing an all-in-one processing platform for banking, payments, and financial markets infrastructure. Large banks, marketplaces, and fintechs already use our cloud-native microservices platform. Pismo clients are launching next-generation solutions while migrating their legacy systems onto the most advanced platform in the market. Pismo cloud-based platform empowers teams to build fast and companies to launch rapidly, scaling as they grow to have a broader audience while keeping high security and availability standards.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Pismo Raises $108 Million Series B Led By Softbank, Amazon And Accel To Enable Cloud-Native Financial Services Globally

Description

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Funding Insights

Company Information