Trace Finance raised US$32 million in a Series A funding round led by Coinfund to expand its global presence in cross-border banking and payments.
Amount Raised
$32 Million
Round Type
Series A
São PauloFinancial ServicesSoftwarePaymentsInvestors
Description
Trace Finance announced on June 17 that it raised US$32 million in a Series A funding round, validating its role as a stablecoin banking infrastructure company. The round was led by Coinfund, alongside investors such as Coinbase Ventures and Valor Capital. This funding will help the company expand across Asia, attracting larger clients. Co-founder Bernardo Brites states that the valuation is significantly higher than in the previous seed round in 2022.
Quick answer
Trace Finance raised $32 Million in a Series A round, dated June 17, 2026. Investors: Polymorphic, Snz, Clocktower, Kadan Capital, Titan Fund, Coinfund, Chainlink Labs and Animoca. Trace Finance is based in São Paulo, São Paulo, Brazil.
- How much did Trace Finance raise?
- Trace Finance raised $32 Million in a Series A round on June 17, 2026.
- Who invested in Trace Finance?
- Polymorphic, Snz, Clocktower, Kadan Capital, Titan Fund, Coinfund, Chainlink Labs and Animoca are named as investors in this round.
- What does Trace Finance do?
- Trace Finance is a fintech platform founded in early 2021 by Bernardo Brites, Rafael Luz, and Leone Parise, who have extensive experience in crypto and fintech businesses.
- Where is Trace Finance based and how big is it?
- Trace Finance is based in São Paulo, São Paulo, Brazil. Fundz records about 51 employees.
- Who are the decision-makers at Trace Finance?
- Fundz holds 2 contacts at Trace Finance, including the CEO and Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Payments around the same time
Companies in the same sectors as Trace Finance that raised within 45 days of this round, from Fundz verified event records.
Who to call at Trace Finance, and when
A new round usually means Trace Finance is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Trace Finance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Trace Finance, from your own LinkedIn network
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Funding Insights
What this usually meansTrace Finance 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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