With fresh capital, Divibank aims to consolidate itself as the leading payments platform for entrepreneurs in Latin America, tackling poor service, low approval rates, high fees, and lack of transparency from existing providers. The boom in e-commerce complexity has naturally welcomed a thriving B2B payments market in Latin America and this recent investment comes at an exciting time for the industry. 

Accompanying the raise, Divibank has launched two new products: Divibank Pay and an AI-powered Payments Orchestration Platform. The goal is to optimise payment processing through intelligent routing, reducing failures and improving approval rates. 

Better Tomorrow Ventures (BTV), a fintech-focused early-stage VC firm, led the round with new backing from Alter Global, The Fintech Fund, Allievo Capital, Endeavor Scale-Up Ventures, and Presight, alongside existing investors MAYA Capital, Clocktower Ventures, Magma Partners, Gilgamesh Ventures, and Rally Cap Ventures.

BTV is no stranger to supporting fintech innovators in emerging markets, as an early investor in Chipper Cash, the pan-African money-transfer unicorn.

A Modern Partner in Brazil’s Rapid E-Commerce Adoption.

Brazil is a key player in Latin America’s e-commerce industry, boasting a dominant 90% penetration among the adult population (PCMI, 2025).

Outside of Brazil, companies like Y Combinator-backed Rappi, an online marketplace, are driving e-commerce adoption as a movement for economic progress. With this comes a web of complex payment methods and processors, giving rise to challenger payment orchestrators. In this competitive landscape, Divibank is positioning itself as a modern partner for merchants looking to grow revenue without increasing fraud risk, accelerate receivables and benefit from personalized support.

“With our payments orchestration solution, our clients can simultaneously connect to multiple payment processors, and our platform intelligently routes transactions to the lowest-cost provider. It provides a safety net. If a payment attempt fails, our system automatically retries with alternative providers, increasing transaction approval rates,” said Jaime Taboada, co-founder and CEO of Divibank.

Meeting Market Demand: The Shift to Payment Orchestration.

Since its launch in 2020, Divibank has built a diverse and growing client base, allowing it to quickly recognise the rising demand for payment links. Since the launch of Divibank pay in September 2024, the number of new clients rose by 111% per month. This close alignment with its customers' pain points has enabled it to deliver solutions directly to various sectors including tourism, education, beauty, and wellness. This new funding round reinforces BTV’s ongoing commitment to the company, following its initial investment in Divibank in 2021.

“We’ve been following Divibank’s journey closely, from its early days providing financing to its evolution into payments orchestration. We’ve backed the company from the start and continue to see huge potential in its ability to adapt and execute. Divibank’s track record in credit gives it a unique edge in payments in Brazil, a market that relies heavily on installment payments,” said Jake Gibson, Founding Partner at Better Tomorrow Ventures.

As part of this growth, Divibank was one of the first fintechs in Brazil to offer “PIX Inteligente” (Smart PIX), enabling merchants to reduce payment time and provide a more secure experience to consumers.

“We know that trust is essential, and our payments platform was developed with security as a top priority. Our commitment is to redefine Brazil’s payments market, helping our clients grow sustainably,” concluded Rebecca Fischer, co-founder of Divibank.

Looking Forward:

Divibank plans to expand its integration within the payment ecosystem and internal workflows. By leveraging an AI-driven platform, the company aims to reduce costs for merchants while maintaining service quality. With new capital, Divibank seeks to further develop its technology-driven approach as an alternative to traditional payment methods, focusing on efficiency and personalised service.