https://techcrunch.com/2021/10/28/tiger-global-leads-25m-investment-into-swap-which-aims-to-be-latams-fintech-factory/

Swap, a São Paulo-based BaaS startup, announced today it has raised $25 million in a Series A led by Tiger Global Management.

The financing was “heavily oversubscribed,” according to the company, which has now raised $28 million since its October 2018 inception. Endeavor, Tinder co-founder Justin Mateen, partners of DST Global, ONEVC, Global Founders Capital and Flourish Ventures all participated in the latest round. Previous backers include Canary Ventures and other angels such as Ariel Lambrecht, co-founder of 99 – the first Brazilian unicorn and Guilherme Bonifácio, iFood’s co-founder.