Ume, a Brazilian fintech, raised USD $21.8M in Series B funding led by Valor Capital Group and Bewater to enhance its payment network and technology.
Amount Raised
$21.8 Million
Round Type
Series B
Sao PauloFinancial ServicesArtificial IntelligencePaymentsFinanceE CommerceFintechInvestors
Description
Ume, a São Paulo-based fintech company, raised USD $21.8M in Series B funding. The round was led by Valor Capital Group and Bewater, with participation from PayPal Ventures, NFX, Globo Ventures, Canary, and BigBets. The funds will expand Ume's payment network and strengthen its technology and AI infrastructure. Led by CEO Berthier Ribeiro and COO Theo Ramalho, Ume aims to transform how businesses operate with credit.
Who to call at Ume, and when
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- An alert the day Ume raises, hires an executive or expands, scored against what you sell
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Funding Insights
What this usually meansUme 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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