Kanastra, a Uberlândia, Minas Gerais, Brazil-based expertise and fiduciary companies firm for funds and securitizations, raised a Sequence A extension funding from Itaú Unibanco.
The quantity of the deal was not disclosed.
Itaú Unibanco joined different traders, together with Kaszek, Valor Capital, Quona Capital, Actyus, Atlântico, and QED.
The corporate, which introduced final yr that it had raised USD 21m in a Sequence A spherical, intends to make use of the funds to increase operations and its growth efforts.
Based in 2022 by Gustavo Mapeli and Manuel Netto, Kanastra acts as a expertise backoffice for structured funds and securitizations, serving originators and traders by way of regulatory licenses and proprietary expertise. Its companies assist non-public credit score funds (FIDCs), securitizations, and structured debt resembling actual property receivables certificates (CRIs), agribusiness receivables certificates (CRAs), debentures, and industrial notes, in addition to banking merchandise resembling escrow accounts, debt issuance, and assortment strategies.
With places of work in São Paulo and Uberlândia, Kanastra already serves greater than 160 operations, managing R$15 billion in belongings, and has a workforce of 170 individuals, half of whom work in product and expertise. Its purchasers embrace Itaú, XP Investimentos, Banco BV, Banco ABC, Pátria Investimentos, JGP, PicPay, Creditas, and Solfácil.
FinSMEs
04/03/2025
