Fundz

Pismo Raises $108 Million Series B Led By Softbank, Amazon And Accel To Enable Cloud-Native Financial Services Globally

PRIVATEOct 19, 2021

Amount Raised

$108 Million

Round Type

Series B

Sao PauloInformation TechnologyHardwareFinancial ServicesSoftware

Description

Pismo, the cloud-native core banking and payments platform, today announced the signing of a $108 million Series B fundraising round, led by SoftBank Latin America Fund, Amazon and Accel with participation from B3, Falabella Ventures and PruVen and existing investors and Headline and Redpoint eventures. The funding will fuel the company's global expansion and accelerate the development of market-leading technologies for banking, payments, and financial markets infrastructure.

Who else raised in Hardware and Financial Services around the same time

Companies in the same sectors as Pismo that raised within 45 days of this round, from Fundz verified event records.

  • Brightline Interactive, Inc. raised $15M on November 4, 2021.
  • Brightline Interactive, Inc. raised $15M (Post-IPO Equity) on October 29, 2021.
  • People Fund Company raised an undisclosed amount (Series C) on December 3, 2021.
  • Fullsteam raised an undisclosed amount on December 2, 2021.
  • Venture Count raised an undisclosed amount (Corporate Round) on December 2, 2021.
  • Victor raised $6M (Seed) on December 2, 2021.

Who to call at Pismo, and when

A new round usually means Pismo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Pismo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Pismo, from your own LinkedIn network

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Company Information

Company

Pismo

Location

Sao Paulo, Sao Paulo, Brazil

About

Pismo is a technology company providing a complete processing platform for payments and banking. Large banks, marketplaces, and fintechs already use our cloud-native microservices platform. Our clients are launching next-generation solutions while migrating their legacy systems onto the most advanced platform in the market.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Pismo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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