Brazilian payments platform Frente raised $5.5M in a Series A round.
Frente streamlines foreign exchange transactions for businesses and individuals moving money to and from Brazil.
This investment will support Frente’s international expansion and the growth of Comm.Pix, its cross-border Pix service for Brazilians living abroad.
Frente processed over $2B in transactions in 2024, up from $80M in 2021. Its growth has been driven by partnerships with companies such as PicPay, MoneyGram, Smiles, and Livelo, as well as the consolidation of its business units: FrenteTech, Frente USA, and Simple.
