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Website
KANDO id: 1051184
Corporate information
Company type
digital lender to SMBsOverview
São Paulo-based technology-enabled lender to small and-medium-sized businesses
Cora got its license approved from the Central Bank of Brazil, making it a 403 bank. The fintech then launched its product in October 2020 and has since grown to have about 60,000 customers and 110 employees.
Cora offers a variety of solutions, ranging from a digital checking account, Visa debit card and management tools such as an invoice manager and cashflow dashboard. With the checking account, customers have the ability to send and receive money, as well as pay bills, digitally.
Funding rounds
Series A USD 26,700,000
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | Initial investment. Led the round. | |
|
Greenoaks Capital Partners LLC | Privately held global investment firm | Initial investment. | |
|
QED Investors LLC | Initial investment. | ||
|
Kaszek Ventures | Follow-on investment. |
Seed USD 10,000,000
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Kaszek Ventures | Initial investment. Led the round. |
Investment activity status
Active investor