Announced
Completed
Financials
Sources
Tags
Acquisition
technology company
Venture Capital
Digital Services
Completed
Single Bidder
Minority
Brazil
Friendly
corporate and trust service provider
Cross Border
Private
Private Equity
Synopsis
FTV Capital, a sector-focused investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing, led a $35m funding round in Vórtx, a tech-enabled corporate and trust service provider for fund managers and corporate issuers in Brazil. "The financial market's back office has always been bureaucratic and not as technologically advanced as it could be in Brazil. At Vortx, we set out to change this and believe that through technology, we can significantly improve customer experience and continue to scale our business. Through our investment from FTV Capital, we will focus on providing new services that will ultimately create even more value for our customers," Juliano Cornacchia, Vortx CEO.
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