Ume, a Brazil-based fintech focused on improving access to credit, raised $21.8M in a Series B round led by Valor Capital Group and Bewater. PayPal Ventures, NFX, Globo Ventures, Canary, and BigBets also participated in the round. The investment follows Ume’s Series A round in 2024.
Ume helps businesses create and operate their own credit offerings. The platform enables merchants to generate new revenue streams, strengthen customer relationships, and reduce dependence on traditional financial institutions. Its infrastructure combines AI-driven credit decisioning, LLM-powered customer engagement, and PIX integration to run financial operations with greater speed and autonomy.
Ume will use the funds to expand its payment network and strengthen its technology, AI infrastructure, and commercial capabilities.
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