Tech Company Financing Transactions
Matera Funding Round
Matera, based in Philadelphia, secured $100 million in funding from Warburg Pincus.
Transaction Overview
Company Name
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Warburg Pincus (Henrique Muramoto)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1801 Market Street 1700
Philadelphia, PA 19103
USA
Philadelphia, PA 19103
USA
Phone
Undisclosed
Website
Email Address
Overview
With over 30 years of experience, Matera is a trusted provider of technology solutions for financial institutions. Matera's Core Banking, QR Code Payment and Instant Payment solutions are used by 2 out of the top 3 global banks, 3 of the top 10 U.S. banks and 1/3rd of all banks in Brazil. With operations in both Brazil and the U.S., Matera has over 1,000 employees worldwide.
Management Team
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Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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