Barte, a São Paulo, Brazil-based fintech company that allows users to send and accept payments online, raised $8m in Series A funding.
The round was led by AlleyCorp, with participation from NXTP, VentureFriends, and Force Over Mass Capital.
The company will use the new capital to expand its cash flow and payments solutions across Brazil.
Founded in 2022 by Portuguese entrepreneur Caetano Lacerda and Brazilian Raphael Dyxklay, Barte focuses on serving medium and large companies by offering two main solutions:
- a multichannel payments platform and
- white-label infrastructure for ecosystems looking to plug payments capabilities without the complexity of operating them.
The first solution allows businesses to sell through various payment methods including PIX, both online and in physical stores, all while centralizing and reconciling transactions automatically. The second enables any company to improve their customer experience through an embedded payments module, while simultaneously creating a new revenue stream for them.
In addition to already transacting billions through its platform, Barte’s client base includes businesses such as Housi, EBAC, and Metalife.
FinSMEs
05/10/2024