Brazilian “real estate bank” CondoConta, a financial platform for condominium and property managers in Brazil, raised $14.6M. SYN Proptech, Endeavor Scale-Up, and Terracotta Ventures participated in the round along with existing investors Redpoint Ventures and Igah Ventures.
With this money, CondoConta plans to grow its user base by integrating its native interfaces with major condominium management systems (ERPs) and administrators in Brazil.
Founded in 2020, the proptech provides a full suite of financial services, including checking accounts, credit cards, loans, financing, condominium fee payments, and delinquency management.
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