Funding Round attributes
Barte is a Brazilian fintech founded in 2021 by Caetano Lacerda and Raphael Dyxklay. Its main objective is to provide a financial technology platform that simplifies inter-company payment transactions and facilitates the management of financial services. Barte specializes in offering solutions to optimize the payment chain for small and medium-sized enterprises, improving efficiency in collecting and handling payments. In October 2024, the company recently closed an $8 million round of A-series investments led by AlleyCorp, a New York-based venture capital fund. Also participated in the NXTP round, VentureFriends, and Force Over Mass Capital.
With the $8 million raised in this latest round of funding, Barte plans to accelerate its platform development, especially as it expands its payment products. The startup aims to further improve the user experience and expand its customer base. The company also expects to invest in the integration of new technology tools that will further facilitate financial management and payment processes for its corporate customers.
AlleyCorp’s participation in the investment round is significant, as its experience in creating and supporting technology startups can provide solid support to Barte in terms of scalability and strategic growth. Investment is crucial not only for financial capital but also for access to a network of experts and resources that will enable Barte to compete at a higher level in the fintech market.
Barte’s approach is focused on using advanced technology tools to deliver an efficient and user-friendly service. Its platform allows companies to manage their collections and payments automatically, optimizing cash flows and reducing the costs associated with manual processes. In addition, fintech has adopted SaaS (software as a service) technology, allowing its customers to access the platform from any device connected to the internet.
The startup focuses on serving medium and large businesses by offering two main solutions: a multichannel payment platform and a white-label infrastructure for ecosystems that seek to integrate payment capabilities without the complexity of operating them. The first solution allows companies to sell through multiple payment methods, including PIX, both online and in-store, all while centralizing and automatically reconciling transactions. The second allows any company to improve the customer experience through an integrated payment module while creating a new source of revenue for them.
"In both cases, our conversations with customers go far beyond payments. We talk about topics such as conversion rates, buyer loyalty, and the propensity to buy repeatedly. It is much more about evolution than just transactions," says Dyxklay.
Investor support not only strengthens Barte economically but also gives it greater legitimacy in the Latin American fintech market. This investment marks an important milestone for the startup, preparing it to expand its operations and continue innovating in the payments industry. With this funding, Barte is well-positioned to become a key player in the payment technology industry and its market impact will likely be noticeable over the next few years.
