Stay raises more than R$30 million for corporate pension benefits
Citrino led the Brazilian fintech’s Series A.
Stay announced financing on September 25, with transaction counsel identifying the round as a Series A of more than R$30 million. Backers include 17Sigma, Better Tomorrow Ventures, Grão VC, MAYA Capital and Norte Ventures.
The company will expand its corporate-pension platform in Brazil and develop financial-wellness and long-term incentive products. Stay connects employers with insurers and helps companies offer benefits designed to retain staff.
Use of funds
Brazilian corporate-pension expansion
Financial-wellness products