Brazilian B2B2C fintech Stay raised $2.6M in a seed round led by Maya Capital and Better Tomorrow Ventures. 17Sigma, Sequoia, Grão, and Rally Cap also participated in the round.
Stay will use the funds to grow the team and expand product offerings across Brazil.
Stay partners with small and medium-sized businesses to offer customized retirement plans to employees, enhancing benefits and improving employee retention.
Founded in 2023, Stay serves clients such as Cescon Barrieu, Leve Saúde, and Mölnlycke. Stay plans to double its team by the end of 2024 and grow its client portfolio by 10x.
Read more on Latam Fintech.