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6 results for “Brazilian finance

Ex-Nubank CTO Raises Record $85 Million Seed Round for AI Wealth Manager Decade in Brazil
PRONASDAQSep 12

Ex-Nubank CTO Raises Record $85 Million Seed Round for AI Wealth Manager Decade in Brazil

Former Nubank CTO Vitor Olivier and an AI co-founder have secured an $85 million seed round for Decade, an AI-powered wealth manager aimed at democratizing high-end financial advice for Brazilians.

Itaú Unibanco Receives Key Preliminary U.S. Approval to Launch National Bank
InvestingAug 18

Itaú Unibanco Receives Key Preliminary U.S. Approval to Launch National Bank

Brazil's largest private bank, Itaú Unibanco, has secured conditional OCC approval to form 'Itaú Bank,' expanding its U.S. services.

Brazilian ‘Paper FII’ Sells Defaulted Real Estate Debt for Steep Discount to Specialist Fund
PROInvestingAug 16

Brazilian ‘Paper FII’ Sells Defaulted Real Estate Debt for Steep Discount to Specialist Fund

A major Brazilian real estate fund offloads a defaulted R$ 60.9 million debt for R$ 23.5 million, resolving a critical liquidity crisis.

Retail Investors Pour Into Fiagros, Pushing Brazil Agribusiness Funds to Record R$8.3 Billion in H1 2026
InvestingAug 14

Retail Investors Pour Into Fiagros, Pushing Brazil Agribusiness Funds to Record R$8.3 Billion in H1 2026

Agribusiness Investment Funds (Fiagros) in Brazil saw a massive surge in capital and investors, becoming a new financial powerhouse.

Brazil’s EXES11 FII Rises Against Falling IFIX, With Trailing Dividend Yield Over 17%
InvestingAug 11

Brazil’s EXES11 FII Rises Against Falling IFIX, With Trailing Dividend Yield Over 17%

Brazilian Paper FII EXES11 rose against the falling IFIX index, reporting a trailing dividend yield over 17%, driven by its structured credit strategy.

Recurring Default by Single Tenant Hits Brazil's TRCO11 FII, Signaling Heightened Counterparty Risk
PROInvestingAug 09

Recurring Default by Single Tenant Hits Brazil's TRCO11 FII, Signaling Heightened Counterparty Risk

Brazil's TRCO11 Real Estate Fund faces a second consecutive rent default from its main tenant, BM Varejo, highlighting systemic counterparty risk.