Bankme raises $1.5M for new financial product

Bankme logo

Brazilian Fintech Bankme raised $1.5M from DOMO.VC to develop a product that allows customers to use financial leverage.

“With this funding, we’ll invest in technology and talent to develop the rediscount and contribution area,” said André Bravo, Founder and COO of Bankme.

“Redesconto” (“rediscount”), enables customers to rediscount titles with Bankme, while “Aporte” (“contribution”) empowers customers to request an injection of funds for flexible operational use.

Bankme is a securitization company that allows its customers to set up a “mini bank” with several financial products.

Founded in 2020, Bankme has over 70 “mini banks” under management.

Read more on Latam Fintech Hub

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