Kanastra

Kanastra, based in Brazil, excels in delivering fiduciary services and software solutions for structured funds and banking operations, facilitating complex financial transactions with efficiency and precision. Founded in 2022, Kanastra Gestao De Recursos operates out of Uberlandia, Brazil, focusing on fiduciary management and software solutions for financial services. In October 2025, Kanastra raised USD 30 million in series B funding led by F-Prime Capital, with participation from IFC Venture Capital, Itaú Private Bank, Atlantico, Kaszek Ventures, Valor Capital Group,and Quona Capital. Gustavo Mapeli and Manuel Netto founded the company, with Gustavo Mapeli serving as the CEO..

Kanastra specializes in fiduciary services and software solutions tailored for structured funds, securitizations, and banking operations. The company’s core offerings include comprehensive management, distribution, and backup servicing for structured funds, facilitating the efficient operation and oversight of these financial instruments. Their securitization services encompass the issuance and distribution of securitizations, providing clients with the necessary infrastructure to manage asset-backed transactions effectively. In the banking sector, Kanastra provides escrow accounts, payment accounts, and the issuance of commercial notes and CCB (Cédula de Crédito Bancário), addressing the needs of financial institutions and corporate clients.

The geographical markets served by Kanastra extend beyond its local territory, catering to clients across Latin America and potentially reaching other international markets, thus positioning itself as a key player in the financial services landscape. Kanastra's revenue model is built around transaction-based services, with structured fees for their diverse offerings. For instance, clients engaging in structured fund administration may enter subscription agreements that define the service fees associated with management and operational support. Securitization transactions can generate revenue through fees applied during issuance and ongoing servicing, reflecting the complexity and scale of transactions handled.

In banking solutions, the firm may implement pricing structures for escrow accounts and payment processing services, aligning costs with the volume and nature of financial transactions conducted. The company's flagship services, such as fiduciary management for structured funds and comprehensive backing for securitization processes, are typically central to their revenue generation strategy, ensuring that Kanastra meets the needs of institutional clients effectively. In October 2025, Kanastra raised USD 30. 000 mn in Series B funding aimed at expanding its private credit fund administration platform, developing an onboarding automation system, integrating risk management features, and setting up business intelligence infrastructure.

The firm plans to introduce new product offerings that enhance their fiduciary services and to expand its operations into new markets across Latin America, with specific targets for reaching additional international markets by the end of 2026.