Destaxa’s $3.1 Million Seed Funding Round

Carey Olsen and Cooley advised Brazilian start-up Destaxa on seed funding round.

Destaxa, a payments platform that operates as a two-sided marketplace for payment acquirers and offline merchants in Brazil, has raised a $3.1 million seed round.

The equity investment was led by Quona Capital, and included participation from Caravela and Norte Ventures, along with angels Tiago Dalvi (Olist co-founder) and Alessio Alionço (Pipefy co-founder). The round comes as Destaxa expands its push across physical retail merchants in Brazil, which account for more than 90% of all merchant payments.

Destaxa was founded in 2021 by Felipe Ayres, a serial entrepreneur with deep payments experience who previously led Nexu Transaction Technologies.

Quona Capital is a venture firm focused on fintech. 

The Carey Olsen team comprised partner Alistair Russell (Picture) and associate Emily Cornhill. 

Involved fees earner: Emily Cornhill – Carey Olsen; Alistair Russell – Carey Olsen;

Law Firms: Carey Olsen;

Clients: Destaxa;

Sonia Carcano

Author: Sonia Carcano