Divibank
São Paulo, Brazil
Overview
Divibank, founded in 2020, operates a platform that unites capital and intelligence to finance media and digital marketing campaigns for businesses. The company brands itself as building a next‑generation investment bank for digital businesses and emphasizes long‑term, recurring relationships with clients. Its technology and the involvement of DeFi players align the startup with Web3 financing alternatives. Divibank reports rapid operational growth: an average 34% monthly growth since launch, more than a 10x increase in financing volume in 2021, and revenue tripling in recent months. A high share of demand is recurring—over 72% of new financing requests come from existing customers. Clients named in the article include Dr. Jones, SIGECloud, Foodz, and Senior Concierge. CEO Jaime Taboada frames the company’s mission as giving businesses fast access to fairly priced capital to accelerate growth. Divibank, founded in March 2020 and based in São Paulo, has built a data-driven financing platform that provides non-dilutive revenue-share capital to e-commerce, SaaS and other online businesses in Latin America. The company also offers marketing analytics software to help clients optimize digital ad spend and is developing additional “value additive” software to improve campaign returns. In the past six months it signed over 50 new clients, saw loan issuance volume increase 7x, revenue climb 5x, customer base grow 11x and headcount expand 4x. Divibank is focused on Brazil today with plans to expand across LatAm and other emerging markets over time. Product roadmap priorities include automating the credit process, expanding analytics and ML capabilities, and building new financing products such as inventory financing and recurring-revenue securitizations. The company intends to use new capital to accelerate product development, scale go-to-market and ramp hiring across engineering, sales, marketing, credit risk and operations.
- Total raised
- $9M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- Nov 2021
Industries
- Banking
- Financial Services
Recent funding
Equity
Nov 2021
$5M
Seed
May 2021
$4M