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Overview
Monkey Exchange is a Brazilian financial technology platform that enables suppliers to sell future receivables for early payment, connecting buyers (large companies) with their supplier network. It operates as a B2B marketplace for trade finance, charging a transaction fee. The platform helps suppliers improve cash flow and helps buyers strengthen supply chain financial health. It differentiates itself by focusing on a Brazil-based network and a marketplace model that links buyers with suppliers for receivables anticipation. The goal is to optimize working capital and provide accessible financing options in the supply chain.
About Monkey
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series B
Total Funding
$18.8M
Headquarters
São Paulo, Brazil
Founded
2016
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Simplify's Take
What believers are saying
- Brazil's assisted production phase starts in 2026, opening immediate regulated volume.
- Monkey's platform is already prepared for duplicata escritural ahead of mandatory adoption.
- Series B backing from L4, DEG, Kinea, and Quona funds expansion and product buildout.
What critics are saying
- B3, Núclea, and CERC can commoditize Monkey's core rails by 2027.
- Monkey's 2026 survey found half of suppliers never heard of duplicata escritural.
- Banks can route transactions directly through registrars, stripping Monkey's fee layer.
What makes Monkey unique
- Monkey integrated with B3, Núclea, and CERC for escriturada receivables workflows in 2026.
- It connects 40,000 suppliers and 100 financial institutions through one negotiation marketplace.
- Its auction-style platform standardizes supply-chain finance for large buyers and supplier networks.
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Funding
Total Funding
$18.8M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Meal Benefits
Home Office Stipend
Health Insurance
Dental Insurance
Life Insurance
Wellness Program
Gym Membership
Parental Leave
Childcare Support
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 8%2 year growth
↑ 14%Brazilian online marketplace Monkey Exchange has raised $11 million in new funding. The financing comes as new regulations are expected to increase the market for “advance duplicates” fivefold, expanding the company's potential audience. The new rules will digitalize the process of using invoices as credit guarantees, broadening the market beyond Monkey Exchange's current customer ecosystem. This funding occurs amid strong demand for working capital from non-traditional providers like Block and PayPal.
DEG has invested $12 million in Brazilian fintech Monkey, a leading working capital financing firm in Latin America. This Series B investment, led by L4 and supported by existing shareholders Kinea and Quona Capital, aims to enhance Monkey's product offerings, technological capabilities, and market reach. The partnership will help drive financial inclusion and expand credit offerings to SMEs, particularly in regions with inefficient banking systems.
Bronstein, Zilberberg, Chueiri e Potenza Advogados advised Kinea Ventures on the deal.Monkey Exchange has just raised a round of BRL 67 million (USD 12 million) led…
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About Monkey
Industries
Data & Analytics
Enterprise Software
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series B
Total Funding
$18.8M
Headquarters
São Paulo, Brazil
Founded
2016
There are no jobs for Monkey right now.
Find jobs on Simplify and start your career today