Klavi raises funds for expansion

Klavi raises funds for expansion

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Brazilian financial technology firm Klavi has raised $15 million in a Series A financing round as it looks to expand to other markets in Latin America early next year, co-CEO Bruno Chan told LatinFinance on Thursday. Local venture capital firms Iporanga Ventures and Parallax Ventures led the round after contributing $1.25 million in seed money last year, Chan said. Klavi also received funding from GSR Ventures in the first time a Chinese venture capital firm has invested in a Brazilian start-up,

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