Sun Hung Kai and Co Limited co leads equity investment in Brazilian fintech Pagaleve

Reuters10-10
Sun Hung Kai and Co Limited co leads equity investment in Brazilian fintech Pagaleve

Sun Hung Kai & Co. Limited has co-led a USD 30 million Series A2 funding round in Pagaleve, a Brazilian buy-now-pay-later (BNPL) fintech. The round, which also saw participation from OIF Ventures and other investors, combines equity investment with contributions to Pagaleve's debt structure. The new capital will support Pagaleve's continued innovation and expansion in Brazil's BNPL market.

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