Kanastra, a Uberlândia, Minas Gerais, Brazil-based technology and fiduciary services company for funds and securitizations, raised a Series A extension funding from Itaú Unibanco.
The amount of the deal was not disclosed.
Itaú Unibanco joined other investors, including Kaszek, Valor Capital, Quona Capital, Actyus, Atlântico, and QED.
The company, which announced last year that it had raised USD 21m in a Series A round, intends to use the funds to expand operations and its development efforts.
Founded in 2022 by Gustavo Mapeli and Manuel Netto, Kanastra acts as a technology backoffice for structured funds and securitizations, serving originators and investors through regulatory licenses and proprietary technology. Its services support private credit funds (FIDCs), securitizations, and structured debt such as real estate receivables certificates (CRIs), agribusiness receivables certificates (CRAs), debentures, and commercial notes, as well as banking products such as escrow accounts, debt issuance, and collection methods.
With offices in São Paulo and Uberlândia, Kanastra already serves more than 160 operations, managing R$15 billion in assets, and has a team of 170 people, half of whom work in product and technology. Its clients include Itaú, XP Investimentos, Banco BV, Banco ABC, Pátria Investimentos, JGP, PicPay, Creditas, and Solfácil.
FinSMEs
04/03/2025