Swap’s BRL17.5 Million Seed Financing

Baptista Luz Advogados represented a.b.Seed in the transaction.

Brazil-based startup Swap, which assists companies in the creation of fintechs, received a BRL 17.5m capital injection in its first round of seed capital.

ONEVC led the financing, with the participation of Flourish VC, Global Founders Capital, Soma Capital, Hustle Fund, a.b.Seed, Canary, Rhombuz Ventures, Ariel Lambrecht, founder of 99 and Yellow, and Guilherme Bonifácio and Patrick Sigrist, founders of iFood.

SWAP is a full service financial technology company that empowers next generation merchants to expand their markets, deliver unmatched product experiences and boost their economics.

Baptista Luz Advogados represented a.b.Seed with Associate Adriana Gomes and Senior Associate Sérgio Meirelles (Picture).

Involved fees earner: Sérgio Cury Meirelles – Baptista Luz Advogados; Adriana Gomes – Baptista Luz Advogados;

Law Firms: Baptista Luz Advogados;

Clients: a.b.Seed;

Author: Ambrogio Visconti.