What is Trace Finance?
Founded in 2021 and headquartered in Rio de Janeiro, Brazil, Trace Finance is a fintech platform dedicated to revolutionizing cross-border transactions. The company collaborates with startups and investors to streamline the complexities of international money movement, providing a seamless banking experience across diverse jurisdictions through an interconnected financial platform. Trace Finance aims to simplify global financial operations for its clients, enabling greater efficiency and accessibility.
How much funding has Trace Finance raised?
Trace Finance has raised a total of $4.3M across 1 funding round:
Angel/Seed
$4.3M
Angel/Seed (2022): $4.3M with participation from Mantis Venture Capital, Circle Ventures, and HOF Capital
Key Investors in Trace Finance
Mantis Venture Capital
Mantis Venture Capital is an early-stage venture fund that partners with The Chainsmokers, investing in innovative startups across fintech, healthcare, gaming, and AI. They aim to support entrepreneurs and foster growth in the startup ecosystem.
Circle Ventures
Circle Ventures is a consulting and venture capital firm established in May 2017, focused on identifying and structuring business opportunities. They guide startups through funding rounds with financial and strategic investors from Brazil and abroad.
HOF Capital
HOF Capital is a global technology investment firm that leverages its extensive limited partner network to assist founders in building substantial businesses.
What's next for Trace Finance?
With the recent influx of $4.3M in strategic investment, Trace Finance is poised to further solidify its market position. The company's focus on improving cross-border payment experiences and offering integrated banking solutions suggests a trajectory towards expanding its technological infrastructure and client base. Future developments may include enhanced platform features, broader geographical reach, and strategic partnerships to deepen its impact within the global fintech ecosystem. This capital will likely support scaling operations and advancing its mission to provide seamless international financial services.
See full Trace Finance company page
