Pismo Raises $108 Million in Round Led by SoftBank, Amazon and Accel
October 19 2021 - 7:59AM
Dow Jones News
By Dave Sebastian
Pismo, a Brazil-based banking and payments platform, said it has
raised $108 million in a series B fundraising round led by SoftBank
Latin America Fund, Amazon.com Inc. and Accel.
Pismo on Tuesday said the funding would support its expansion
and the development of its technologies.
Founded in 2016, the company said its platform hosts more than
25 million accounts that transact more than $3 billion a month
altogether.
B3, Falabella Ventures and PruVen and existing investors and
Headline and Redpoint eventures also participated in the funding
round, the company said.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
October 19, 2021 07:44 ET (11:44 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From Apr 2023 to Apr 2024
