Avenia

Avenia

Accept, send, and hold money in Brazil in your preferred currency without requiring a local entity.

HQ location
São Paulo, Brazil
Launch date
Employees
Enterprise value
$9—13m
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BRL12.0m

Seed
Total Funding000k
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Avenia, formerly known as BRLA Digital, operates as a financial infrastructure company focused on facilitating cross-border payments for the Latin American market, with Brazil as its strategic starting point. The firm was established in 2022 and officially rebranded in May 2025 to better reflect its expanding international ambitions beyond its initial Brazilian focus. The founding team includes Matheus Moura (CEO), Leandro Noel (COO), Luiz Castelo Branco, Lucas Giorgio, Hector Fardin, and Eric Bastos, several of whom share an academic background from the Instituto Tecnológico de Aeronáutica (ITA) and prior experience in the financial and tech sectors.

The company's core business revolves around providing money movement infrastructure that connects Latin America to global markets through an API-based platform. This platform allows clients, which include fintechs and large corporations, to manage treasury operations, send and receive payments, and conduct foreign exchange transactions. Avenia's business model generates revenue primarily from its cross-border payments platform, which accounts for over 90% of its results. The system is designed to use stablecoins for settlement, bypassing traditional banking intermediaries like SWIFT to offer faster and more transparent transactions.

Central to Avenia's ecosystem is the BRLA token, a stablecoin fully collateralized and pegged 1:1 to the Brazilian Real (BRL). This digital asset is designed to provide a reliable on-ramp for Brazil's more than six million crypto users, enabling them to access global crypto products and services. The BRLA token can be used for holding digital cash, earning yield through staking on partner platforms, and facilitating seamless transactions across different blockchains and platforms. Avenia ensures transparency through monthly attestations and fully audited reserve holdings. The company has structured itself as a foreign exchange banking correspondent of Ouribank in Brazil to operate in compliance with local regulations.

Since its inception, the company has achieved significant milestones, including processing over R$3 billion in transactions and reaching break-even within its first 12 months of operation. Avenia has successfully raised capital through multiple seed rounds, securing a total of approximately $3.22 million. A notable seed round in May 2025 raised R$12 million, co-led by Big Bets and Fluent Ventures, to fund its expansion across Latin America, acquire regulatory licenses, and enhance its technology infrastructure. The firm is now structuring regulated entities in key Latin American countries and the U.S. to build a continental-scale payments infrastructure.

Keywords: cross-border payments, financial infrastructure, stablecoin, BRLA token, Latin America fintech, digital real, crypto on-ramp, treasury management, API payments, foreign exchange, blockchain finance, tokenization, B2B payments, programmable liquidity, LatAm payments, digital assets, payment rails, crypto infrastructure, Matheus Moura, Leandro Noel

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