Private equity investment · Fintech
Lumina invests R$400m in Agibank
The private equity investment values the Brazilian bank at R$9.3bn.
Agibank has received R$400m from Lumina Capital Management’s private equity strategy, valuing the Brazilian bank at R$9.3bn.
Lumina founder Daniel Goldberg will join Agibank’s board. The bank combines digital financial services with a network of physical Smart Hubs to serve customers who need support with banking and credit.
Agibank plans to use the capital for consolidation opportunities and the expansion of its banking model.
Use of funds
Expand banking operations and pursue consolidation opportunities
Funding history
Private equity investment · This roundR$400M