The wealth management industry in Latin America plays a crucial role in helping individuals and businesses navigate their financial futures. Companies range from traditional banks and investment firms to innovative fintech startups that specialize in digital asset management. They offer various services, including portfolio management, retirement planning, and investment advisory. Currently, there is a noticeable shift towards embracing technology, particularly in digital banking and crypto investments. An increasing number of investors are recognizing the importance of responsible investing and sustainable finance, reflecting a growing trend among consumers who seek long-term value beyond mere profit.


This compilation showcases 12 noteworthy wealth management investors operating in Latin America. The list features a mix of venture capital firms and corporate investors, predominantly based in Brazil and Argentina. Ranging from startups founded in 2011 to established players dating back to the 1970s, these firms vary in size and influence. Notable activity in 2024 saw firms like Bossa Invest make as many as 56 investments. With investment counts reflecting a real engagement in fostering innovation, the featured investors are shaping a new era of wealth management in the region.


Top 12 Wealth Management Investors in Latin America


1. bossa invest

  • Website: bossainvest.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 56
  • LinkedIn: bossainvest

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in the technology sector, and has made a significant number of investments, totaling 56 in 2024 alone. Bossa Invest not only provides capital but also offers strategic guidance and access to a network of co-investors, which is crucial for the growth of startups. Notably, they have been involved in key transactions within the wealth management context, such as their investments in Moneyfarm, a prominent online wealth manager that raised substantial funding rounds, including a £40 million Series B round led by Allianz. This involvement highlights Bossa Invest's engagement in the wealth management sector, supporting the growth of digital investment platforms and enhancing financial services.


2. Kaszek

  • Website: kaszek.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 17
  • LinkedIn: kaszek-ventures

Kaszek is a venture capital firm founded in 2011, based in Sao Paulo, Brazil, that focuses on investing in and supporting entrepreneurs across various technology-driven industries in Latin America. The firm emphasizes long-term partnerships and aims to foster a vibrant technology ecosystem in the region. Notably, Kaszek has been involved in significant funding rounds for fintech companies, such as Warren Investimentos, which raised substantial capital in Series A, B, and C rounds, indicating a strong commitment to the financial services sector. Additionally, they participated in a recent venture round for Fintual, a Chilean fintech company, further showcasing their engagement in the wealth management context. Through these investments, Kaszek not only provides capital but also strategic guidance to help these companies innovate and expand their services, aligning with the goals of wealth management.


3. Canary

  • Website: canary.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 23
  • LinkedIn: canary-venture-capital

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in early-stage investments across Latin America, focusing on supporting entrepreneurs with capital, co-founding assistance, and building a strong community of builders. Canary has been involved in several notable transactions that highlight its engagement in the wealth management sector. For instance, they participated in a seed round for Saks, a Brazilian digital private pension broker, which raised BRL 26 million. This investment underscores Canary's commitment to financial services and wealth management. Additionally, they invested in Hashdex, a Brazilian crypto investment and management platform, which raised US$26 million in a Series A funding round. This involvement in a platform that focuses on investment management further illustrates Canary's relevance in the wealth management industry. Their investments in fintech companies like Gorila and Volanty also reflect a broader strategy of engaging with startups that enhance financial services and investment opportunities.


4. Monashees

  • Website: monashees.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2005
  • Headcount: 11-50
  • Number of deals in 2024: 18
  • LinkedIn: monashees-capital

Monashees is a venture capital firm founded in 2005, based in Sao Paulo, Brazil. The firm specializes in investing in technology-driven companies across Latin America, providing not only capital but also strategic support to entrepreneurs. They have been involved in several notable transactions in the wealth management space, including investments in Magnetis, a financial advisory platform that raised $5.4 million in Series A funding in 2018, and Gorila, a Brazilian investment platform that raised significant funding rounds, including over R$100 million in a Series B round in 2021. These investments highlight Monashees' commitment to supporting innovative financial services that enhance wealth management capabilities in the region.


5. Norte Ventures

  • Website: norte.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 11
  • LinkedIn: norteventures

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on empowering startups in the technology sector by providing resources, consulting services, and investment management. They have been involved in several notable transactions, including a $5 million investment in Nexa Finance, which is positioned in the financial services space. They also participated in the Series A funding round for Hashdex, a Brazilian crypto investment and management platform that raised $26 million, highlighting their interest in innovative financial solutions. Furthermore, their investment in Hyperplane AI, which focuses on predictive analytics for banking, showcases their commitment to fostering innovation in financial technology. These activities indicate a strategic interest in sectors that are relevant to wealth management.


6. boostLAB Powered by BTG Pactual


boostLAB Powered by BTG Pactual is a consulting firm based in Sao Paulo, Brazil, founded in 2018. The firm specializes in providing mentorship and financial services to startups, helping them grow by offering guidance and access to credit lines. In 2024, boostLAB has been involved in four investments, primarily in seed rounds, which include notable transactions such as Mobills, a financial management app, and Acordo Certo, a platform focused on debt negotiation. These investments reflect boostLAB's commitment to supporting innovative financial solutions and startups, which are integral to the evolving landscape of wealth management. By assisting these companies in their growth, boostLAB indirectly contributes to the wealth management ecosystem, making it a relevant player in this space.


7. Thomson Reuters Costa Rica


Thomson Reuters Costa Rica is a corporate investor based in Heredia, Costa Rica, and is part of the larger Thomson Reuters organization, which was founded in 1977. The company specializes in legal services and information technology solutions, providing a wide range of products including legal research tools, tax compliance software, and media solutions. Their clientele includes legal professionals, accountants, and businesses across various sectors, who utilize their services to improve efficiency and ensure compliance. Notably, Thomson Reuters has made significant investments in the financial services space, including the acquisition of Pangea3, a major legal process outsourcing company, which enhances their legal service offerings. They also acquired Breakingviews, a prominent financial commentary provider, which strengthens their position in financial journalism and market analysis. Furthermore, their investments in companies like FINBOURNE Technology and ForwardLane indicate a strategic interest in financial technology and data management, which are crucial components of wealth management.


8. Magma Partners

  • Website: magmapartners.com
  • Type: Venture Capital
  • Headquarters: Providencia, Santiago, Chile
  • Founded year: 2014
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn: magma-partners

Magma Partners is a venture capital firm based in Providencia, Santiago, Chile, founded in 2014. The firm specializes in investing in early-stage startups across Latin America, with a strong emphasis on sectors such as fintech and insurtech. They have backed over 125 companies, aiming to address significant regional challenges and support scalable technology businesses. Notable transactions include their leadership in funding rounds for Zenfi, a financial health platform in Mexico that has achieved profitability and serves over 3 million users, and Cura Deuda, a Mexican fintech focused on debt management. These investments highlight Magma Partners' commitment to fostering innovative financial solutions that are integral to the wealth management landscape.


9. 2tm

  • Website: 2tmgroup.com
  • Type: Corporate
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2013
  • Headcount: 501-1000
  • Number of deals in 2024: 2
  • LinkedIn: holding2tm

2tm is a corporate investor based in Sao Paulo, Brazil, founded in 2013. It operates as a financial technology company specializing in blockchain and digital assets, providing a digital asset marketplace and investment management services for both businesses and consumers. The company aims to democratize access to alternative investments and enhance the efficiency of financial transactions through innovative technology solutions. Notably, 2tm has participated in several significant transactions relevant to the wealth management context, including its investment in Gorila, a Brazilian investment platform that raised over R$100 million to enhance its technology and product offerings, as well as its involvement in the seed funding rounds for FIDD Group and Gavea Marketplace. These activities demonstrate 2tm's commitment to supporting innovative financial solutions and platforms that align with wealth management objectives.


10. NXTP Ventures

  • Website: nxtp.vc
  • Type: Venture Capital
  • Headquarters: Buenos Aires, Buenos Aires, Argentina
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 4
  • LinkedIn: nxtp-ventures

NXTP Ventures is a Buenos Aires-based venture capital firm founded in 2011, specializing in early-stage investments in B2B startups across Latin America. With a focus on sectors such as Cloud & SaaS, E-commerce, Fintech, and AI, NXTP provides both capital and strategic support to help businesses grow. Notably, NXTP has been involved in significant transactions in the Fintech space, including multiple investments in Securitize, which raised a total of $25.5 million across two Series A rounds in 2018 and 2020. This company is known for its role in digital securities and compliance, which are crucial for modern wealth management. Additionally, NXTP's early investments in companies like Afluenta, which operates in the financial services sector, further highlight their commitment to supporting innovative financial solutions that can impact wealth management.


11. Mindset Ventures

  • Website: mindset.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: mindset-ventures

Mindset Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in early-stage technology investments, providing capital and strategic support to startups across various sectors, including financial services and healthcare. In 2024, Mindset Ventures has already participated in several significant transactions, including a Series A investment in Backed Finance, which raised $9.5 million to enhance its financial offerings. They also participated in the Series C funding round for FundGuard, which raised $100 million to accelerate its product capabilities in the financial services sector. Additionally, their investment in Lendai, a fintech company that raised $35 million, highlights their commitment to expanding services in the wealth management domain, particularly for foreign investors. Through these investments, Mindset Ventures demonstrates a strong focus on supporting innovative solutions within the wealth management industry.


12. Mercadolibre.com

  • Website: mercadolibre.com
  • Type: Corporate
  • Headquarters: Buenos Aires, Buenos Aires, Argentina
  • Founded year: 1999
  • Headcount: 1001-5000
  • Number of deals in 2024: 3
  • LinkedIn: mercadolibre-com

Mercado Libre is an e-commerce platform based in Buenos Aires, Argentina, founded in 1999. It facilitates online buying and selling across various product categories, including electronics, clothing, and home goods. In addition to its core e-commerce operations, Mercado Libre has been actively investing in the financial technology sector, as evidenced by its participation in significant funding rounds. Notably, they were involved in the Series C funding round for Warren Investimentos, which raised R$ 300 million to expand its services and technology. This investment reflects Mercado Libre's interest in the wealth management space. Furthermore, they acquired an undisclosed stake in 2TM Participações S.A., indicating a strategic move towards enhancing their financial services offerings. These transactions highlight Mercado Libre's role as an investor in the wealth management industry, complementing its primary business.



Wealth Management Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
bossa investSao Paulo, Sao Paulo, Brazil11-50201156
KaszekSao Paulo, Sao Paulo, Brazil11-50201117
CanarySao Paulo, Sao Paulo, Brazil11-50201723
MonasheesSao Paulo, Sao Paulo, Brazil11-50200518
Norte VenturesSao Paulo, Sao Paulo, Brazil1-10202011
boostLAB Powered by BTG PactualSao Paulo, Sao Paulo, Brazil1-1020184
Thomson Reuters Costa RicaHeredia, Heredia, Costa Rica51-20019774
Magma PartnersProvidencia, Santiago, Chile11-5020146
2tmSao Paulo, Sao Paulo, Brazil501-100020132
NXTP VenturesBuenos Aires, Buenos Aires, Argentina11-5020114
Mindset VenturesSao Paulo, Sao Paulo, Brazil1-1020167
Mercadolibre.comBuenos Aires, Buenos Aires, Argentina1001-500019993


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