Brazil-based Vindi said to bag $1.8m in funding

Brazil-based payment platform Vindi has reportedly closed $1.8m equity round from Bonzano Investimentos’ Criatec2 fund.

Founded in 2013, Vindi is an online recurring payment platform which helps companies that sell through plans, monthly payments, and subscriptions. Through the platform, which is PCI compliant, users can issue bank statements, send invoices via email or PDFs and accept payments via credit cards and debit cards.

The company has over 2,200 clients including buscape, Thompson Reuters, VivaReal, Smartfit, Movile, and Endeavor Brasil, among others.

This injection of capital will be used to move its headquarters in order to accommodate 80 employees, according to various articles in the media. Alongside this, the funds will be used to make new investments in technology, growth and make FinTech acquisitions.

The company also raised a $330k in a Series A funding round from investors including Bonzano Investimentos, with the aim to expand operations.

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