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Magnetis raises $11m in Series B funding

São Paulo, Brazil based digital investment manager platform raised $11m in Series B funding led by Redpoint eventures.

“Today, the Brazilian market is more sophisticated, with a sharp drop in reliance on [a] fixed income and a rise in more financial assets, including funds, shares, commodities and fixed-income securities,” says Luciano Tavares, Founder and CEO at Magnetis. “Defining a personal investment portfolio is a science, not a game, or lottery,” warns the Executive.

Tags

brazil, investing, wealth management