Pluggy Raises $3.5M Series A

Pluggy, a Brazil-based Open Finance infrastructure fintech, has announced the completion of a $3.5 million Series A funding round. This latest injection of capital brings the company's total funding to approximately $6 million since its inception in 2020.

Investors

The round was led by DGF, with participation from Y Combinator and Brazil Venture Capital.

Pluggy Use of Funds

The company plans to utilize the fresh capital to develop new products and accelerate platform growth. Specifically, the focus is on incorporating sophisticated financial products into the existing ecosystem to allow financial institutions to distribute their offerings directly through business software.

About Pluggy

Founded in 2020 by Bruno Loiola, Gabriel Gantes, Victor Braga, and Rogério Correa, Pluggy provides Open Finance infrastructure. The company acts as a payment transaction initiator, facilitating interoperability between financial institutions and business management platforms to streamline embedded financial services.

Funding Details

Company Website: https://pluggy.ai

Company: Pluggy
Raised: $3.5M
Round: Series A
Funding Date: August 26, 2026
Lead Investor: DGF
Additional Investors: Y Combinator, Brazil Venture Capital
Software Category: Fintech
Source: https://startups.com.br/negocios/rodada-de-investimento/pluggy-conclui-serie-a-de-us-35m-com-dgf-e-y-combinator/