Largest Seed Deal in Brazil - and It's a WealthTech
- 8 hours ago
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Arbex, P. (2026, August 4). Ex-Nubank levanta 'seed' histórico: Decade vai gerir finanças pessoais com AI [Ex-Nubank raises historic seed: Decade will manage personal finances with AI]. Brazil Journal. https://braziljournal.com/ex-nubank-levanta-seed-historico-decade-vai-gerir-financas-pessoais-com-ai/
Decade, a fintech founded by former Nubank CTO Vitor Olivier, raised $85 million in what the article identifies as Latin America's largest seed round.
The round totaled approximately 440 million Brazilian reais and drew American venture firms Benchmark, Diffusion, and Greenoaks alongside Brazilian investors Atlantico and Norte Ventures.
Olivier spent nearly 12 years at Nubank before departing in August 2024 and co-founded Decade with Felipe Meneses, creator of the AI credit startup Hyperplane that Nubank acquired in 2024.
The company emerged from stealth mode in September 2025 and targets personal finance management for Brazilians through artificial intelligence.
The platform consolidates user finances through Open Finance integration or PDF uploads and analyzes portfolio concentration, asset quality, tax inefficiencies, and spending patterns.
The product pairs AI-powered chat for portfolio simulations and cost planning with human consultants accessible via WhatsApp.
Decade charges 200 reais (about $39) monthly for its subscription and also offers a premium fee-based service for wealthier clients, in a market where Olivier says only 7 percent of Brazilians could retire on their own resources.
Knote: Just to remind us that India is not the only game in D2C town, in steps the other "BRIC".