Fintech
Matera Gets $100M to Advance Immediate Payments in the U.S.
July 18, 2024
Written by FinTech Alliance in Financial Technology
Matera, a Brazilian fintech company, has raised $100 million from Warburg Pincus to expand its instant payment solutions into the United States. The funding will help bridge the gap between U.S. payment systems and Brazil’s advanced infrastructure.
Matera’s technology aims to facilitate faster, more efficient transactions, enhancing the financial ecosystem. This investment highlights the growing focus on improving payment systems and reducing delays in financial transactions in the United States.