Divibank

Financial ServicesSeedSao Paulo, Brazildivibank.co

Latest round

Seed

Last raised

Nov 2021

Total raised

$8.8M

Investors

9

About Divibank

Divibank, founded in 2020 in Sao Paulo, Brazil, specializes in payment solutions.Divibank Pay offers a comprehensive payment orchestration platform that enhances sales efficiency by streamlining transaction approvals and minimizing costs. The platform features automated retry mechanisms for transactions, providing improved sales recovery rates for diverse clients, including e-commerce businesses. It simplifies payment management without requiring direct negotiations with acquiring banks, which Divibank facilitates.Divibank Pay operates on a revenue model based on transaction fees and service charges associated with its payment solutions. Clients incur costs relative to the volume of transactions processed, benefiting from competitive processing rates that optimize transaction expenses. The company's automated retry feature can lead to enhanced conversion rates, directly impacting the revenue potential for e-commerce businesses. This initiative aims to enhance the platform's capabilities and operational reach. The company is also targeting expansion into other Latin American markets, aiming to broaden its client base and improve payment processing solutions across the region.

Who invested in Divibank

9 investors across 3 rounds

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Funding rounds

  1. Seed

    Nov 12, 2021

    Amount

    $5.2M

    Investors

    Locked

  2. Seed

    May 12, 2021

    Amount

    $3.6M

    Investors

    Locked

  3. Seed

    Nov 1, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Divibank

Who invested in Divibank?

Divibank has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Divibank raised?

Divibank has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Divibank last raise money?

Divibank's most recent round on record is a Seed, in Nov 2021.

What does Divibank do?

Divibank, founded in 2020 in Sao Paulo, Brazil, specializes in payment solutions.

Where is Divibank headquartered?

Divibank is headquartered in Sao Paulo, Brazil.

Which VCs invest in companies like Divibank?

Among active investors with capital left to deploy, Inception Capital, Iporanga Ventures, SIMMA Capital and Adn.Vc back financial services companies at Divibank's stage. Their profiles are linked below.

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