Monkey Serviços de Tecnologia Ltda. Asset Profile

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Year established

2016

Location

Sao Paulo Brazil

Primary Industry

Financial Services

About

Based in Sao Paulo, Brazil, Monkey Serviços de Tecnologia Ltda. was founded in 2016 by Gustavo Müller, Bruno Oliveira and Felipe Adorno. In August 2016, the company had raised its first seed funding, followed by another seed funding in November 2018. In 2021, Monkey has now 55 large companies on its platform, most of the companies signed in 2020. In July 2024, Monkey Serviços de Tecnologia Ltda. raised BRL 67 million in Series B funding led by new investor L4 Venture Builder, with participation from other new investors KFW DEG and B3 Capital. Returning investors Kinea Investimentos and Quona Capital also participated in the round. Monkey Serviços de Tecnologia Ltda. works like an auction that brings a competitive process among buyers that happens in real-time scenarios, allowing its customers to trade in new securities and receivables daily. The company will use the funding to expand its market in Mexico and the US as well as enhance its platform.

Current Investors

Wayra, Parallax Ventures, Kinea Investimentos

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Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.monkey.exchange

Verticals

FinTech, IoT (Internet of Things)

Company Stage

Series B

Total Amount Raised

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Employee Data

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