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Swap raises $25m in Series A funding

São Paulo based BaaS startup that helps clients manage their financial operations via its APIs raised $25m in Series A funding led by Tiger Global.

“We have always sought to be a fully integrated solution that truly allows companies to launch their fintechs quickly and efficiently,” said Storf. “Rather than being just a card processor, we specialized in providing the full solution to specific segments, being at the same time their bin sponsor, their card processor, their partner bank and providing all the core infrastructure to make them operational.”

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baas, banking, emerging markets, brazil