alt.bank
Latest round
- Series A
Last raised
- May 2021
Total raised
- $5.5M
Investors
- 2
About alt.bank
bank focuses on delivering innovative financial products in the Brazilian market.bank offers a suite of AI-driven financial products, including a credit card and a mobile app designed specifically for the Brazilian market.01% and improves customer acquisition profitability while enhancing collection rates.bank generates revenue primarily through its credit card services, particularly the novücard, which targets consumers and businesses in need of optimized credit solutions. The revenue model is based on transaction fees from card usage, complemented by potential subscription services for enhanced features.5 mn to further develop innovative financial products and enhance its technological infrastructure. The company is focusing on launching new features for its mobile app that are expected to roll out by late 2022, while also exploring expansion into other Latin American markets, including Argentina and Colombia, by 2023.
Who invested in alt.bank
2 investors across 1 round
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Funding rounds
Series A
May 4, 2021
Amount
$5.5M
Investors
Questions about alt.bank
Who invested in alt.bank?
alt.bank has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has alt.bank raised?
alt.bank has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did alt.bank last raise money?
alt.bank's most recent round on record is a Series A, in May 2021.
What does alt.bank do?
bank focuses on delivering innovative financial products in the Brazilian market.
Where is alt.bank headquartered?
alt.bank is headquartered in Sao Paulo, Brazil.
Which VCs invest in companies like alt.bank?
Among active investors with capital left to deploy, Inception Capital, Iporanga Ventures, SIMMA Capital and Draper Cygnus back financial services companies at alt.bank's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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