Ideal, a Sao Paulo, Brazil-based broker dealer, raised BRL 100million in Series A funding.
The round was led by Kaszek Ventures, which will hold minority shareholder interest in the broker. The deal still awaits Brazilian Central Bank approval.
The new capital injection will allow the company to broaden and diversify its customer base and its activities in different segments and products.
Created in 2019 and lucas Cury, COO, and Nilson Monteiro, CEO, Ideal provides innovative services in the financial intermediation market. It offers technology for institutional investors and has been profitable from day one.