In the captable, among others, are investors such as Y Combinator, Gávea Angels, Plug and Play, Urca Angels and Brazil Venture Capital, according to data available on Crunchbase.
The extension of the contribution occurred in the SAFE model (Simple Agreement for Future Equity), created by Y Combinator to facilitate the funding of early-stage startups.
Founded in 2020 by five partners - three Brazilians (Bruno Loiola, Rogério Corrêa and Victor Urano) and two Argentineans (Federico Miras and Gabriel Pan Gantes) - Pluggy is specialized in capturing and enriching financial data from Open Finance.
Currently, it has more than 70 clients that use its API technology, through access to historical financial data and consumer behavior analysis from more than 18 financial institutions and brokerage houses.
With the check, the fintech company intends to leverage the development of its solutions to offer a broader scope of data and intelligence, enabling more businesses to benefit from Open Finance.
The resource will help fund the development of new connectors and machine learning models, which should simplify and democratize the use of data, enabling businesses with limited analytical capabilities to adopt sophisticated solutions based on Open Finance data.
"We want to enhance our product and the experience of our 70+ customers," says Bruno Loiola, co-founder of Pluggy, in a statement. "Therefore, we will invest most of the resources in growing the engineering and customer success team."
Since its inception, Pluggy has gone through several accelerator programs, such as Y Combinator, Plug and Play, Oxygen Accelerator (from Porto), Liga Ventures, and LIFT Lab from the Central Bank (BC).
Two months ago, the fintech announced a strategic partnership with B3, in an agreement that will enable the development of data solutions linked to Open Finance with focus on the financial, credit and retail markets.
Pluggy is part of a group of fintechs with solutions for Open Finance in the country. In this list are players such as Belvo, Klavi, Quanto, Finansystech, among others.
In the captable, among others, are investors such as Y Combinator, Gávea Angels, Plug and Play, Urca Angels and Brazil Venture Capital, according to data available on Crunchbase.
The extension of the contribution occurred in the SAFE model (Simple Agreement for Future Equity), created by Y Combinator to facilitate the funding of early-stage startups.
Founded in 2020 by five partners - three Brazilians (Bruno Loiola, Rogério Corrêa and Victor Urano) and two Argentineans (Federico Miras and Gabriel Pan Gantes) - Pluggy is specialized in capturing and enriching financial data from Open Finance.
Currently, it has more than 70 clients that use its API technology, through access to historical financial data and consumer behavior analysis from more than 18 financial institutions and brokerage houses.
With the check, the fintech company intends to leverage the development of its solutions to offer a broader scope of data and intelligence, enabling more businesses to benefit from Open Finance.
The resource will help fund the development of new connectors and machine learning models, which should simplify and democratize the use of data, enabling businesses with limited analytical capabilities to adopt sophisticated solutions based on Open Finance data.
"We want to enhance our product and the experience of our 70+ customers," says Bruno Loiola, co-founder of Pluggy, in a statement. "Therefore, we will invest most of the resources in growing the engineering and customer success team."
Since its inception, Pluggy has gone through several accelerator programs, such as Y Combinator, Plug and Play, Oxygen Accelerator (from Porto), Liga Ventures, and LIFT Lab from the Central Bank (BC).
Two months ago, the fintech announced a strategic partnership with B3, in an agreement that will enable the development of data solutions linked to Open Finance with focus on the financial, credit and retail markets.
Pluggy is part of a group of fintechs with solutions for Open Finance in the country. In this list are players such as Belvo, Klavi, Quanto, Finansystech, among others.