Ume raised $15M in a Series A led by PayPal Ventures to enhance its AI-powered payment platform across Brazil.
Amount Raised
$15 Million
Round Type
Series A
Sao PauloFinancial ServicesArtificial IntelligencePaymentsFinanceE CommerceFintechInvestors
Description
Sao Paulo-based fintech Ume has secured $15 million in a Series A funding round led by PayPal Ventures with participation from NFX, Globo Ventures, and Clocktower Ventures. The funding will allow Ume to expand its platform leveraging Pix and AI, reaching more businesses and consumers.
Quick answer
Ume raised $15 Million in a Series A round, dated September 4, 2024. Investors: Clocktower Ventures, Globo Ventures, Nfx and Pay Pal Ventures. Ume is based in Sao Paulo, Sao Paulo, Brazil.
- How much did Ume raise?
- Ume raised $15 Million in a Series A round on September 4, 2024.
- Who invested in Ume?
- Clocktower Ventures, Globo Ventures, Nfx and Pay Pal Ventures are named as investors in this round.
- What does Ume do?
- Ume is a credit platform capable of reaching competitive prices and creating an economic environment to make credit simple and democratic.
- Where is Ume based and how big is it?
- Ume is based in Sao Paulo, Sao Paulo, Brazil. Fundz records about 350 employees.
- Who are the decision-makers at Ume?
- Fundz holds 1 contact at Ume. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Payments around the same time
Companies in the same sectors as Ume that raised within 45 days of this round, from Fundz verified event records.
- Klasha raised $2M (Seed) on October 17, 2024.
- Beeline Holdings raised $56M on October 7, 2024.
- Nexi raised $246M (Debt Financing) on September 27, 2024.
- Primer raised $18M (Funding Round) on August 16, 2024.
- Innoviti raised $8.3M (Series E) on August 13, 2024.
- Innoviti raised $8.3M (Series E) on August 12, 2024.
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
- The decision-makers there, with verified emails
- Who you already know at Ume, from your own LinkedIn network
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Funding Insights
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