Amazon Founder Invests in Brazilian Startup

Stark Bank platform announced this Monday (11) an investment of US$ 45 million

Stark Bank, the financial solutions platform for companies, announced this Monday (11) that it received an investment of US$ 45 million led by the investment fund Ribbit Capital and which included, among others, the Lachy Groom fund and Bezos Expeditions, by Jeff Bezos, founder of Amazon.

(FILES) Jeff Bezos (Photo by MANDEL NGAN / AFP) - AFP

The announcement comes just over four months after the fintech created in 2018 made its first fundraising from venture capital investors, of US$ 13 million, illustrating how the deadlines between investments in Brazilian startups have declined rapidly, as the dispute with large banks grows.

Translated by Kiratiana Freelon

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