Announced
Completed
Financials
Sources
Tags
Private
Private Equity
Acquisition
Minority
Friendly
Cross Border
Completed
corporate benefits
Single Bidder
Brazil
IT Services: Other
Synopsis
Battery Ventures, a private equity company, and Whale Rock Capital, an investment company, led a $100m Series C funding round in Flash, a platform specialized in the corporate benefits, with participation from Tencent, Tiger Global, Monashees, GFC and Citius, as well as Endeavor and Scale Up Ventures. "We will create products to deal with other benefits and transactional funds of employees of the companies, such as pharmacy vouchers and others related to health, in addition to salary anticipation," Ricardo Salem, Flash Founder and President.
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