CRM&Bonus raises funds to open in US, Europe

CRM&Bonus raises funds to open in US, Europe

Equity Funds Brazil Europe United States Portugal Technology

Brazil's CRM&Bonus, which bills itself as the world's only gift-back platform, has raised BRL280 million ($50.8 million) in funding and announced plans to open offices in Europe and the UNited States. Japan's SoftBank led the funding with US private equity firm Riverwood Capital and Brazilian venture capital firms Igah Ventures and Volpe Capital, CRM&Bonus said in a press release on Wednesday. The company is now valued at BRL1 billion, it added. "We plan to use the proceeds to accelerate

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