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New Deal


Announced

Completed

SoftBank, Amazon and Accel led a $108m Series B investment round in Pismo.

Financials

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Transaction Value£78m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Brazil

Venture Capital

Acquisition

Private

FinTech

cloud-native platform

Cross Border

Minority

Completed

Friendly

Synopsis

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SoftBank, a Japanese multinational conglomerate holding company, Amazon, an American multinational technology company, and Accel, an early and growth-stage venture capital firm, led a $108m Series B investment round in Pismo, a Brazilian banking and payments tech platform. Additional investors included B3, Falabella Ventures,PruVen, Headline and Redpoint. "Pismo is now ready for a new phase of growth. On the back of this funding round, we will build further on the momentum and scale we already have in Latin America, and accelerate international expansion," Ricardo Josua, Pismo CEO and Co-Founder.

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