Brazilian fintech Mercado de Recebíveis raised an undisclosed round led by Headline, bringing its valuation to $56M.
Founded in 2023, Mercado de Recebíveis provides financial solutions for receivables. It recently launched a credit card in partnership with Visa and plans to expand into strategic markets such as duplicatas, a widely used financial instrument in Brazil.
Mercado de Recebíveis will use the funds to strengthen its commercial and technology teams, improve its platform, and accelerate growth across Brazil.
Mercado de Recebíveis reached breakeven in May 2024 and has processed over $190 million this year.
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