A5X Raises $70M Series D

A5X, a fintech company based in Brazil, is building a new derivatives exchange to transform the local capital markets. The company recently announced it secured $70 million in a Series D funding round, bringing its total funding since inception to approximately $142 million.

Investors

The Series D round was led by Morgan Stanley, Goldman Sachs, and Kaszek, with participation from existing investors including IMC, Jump Trading, Optiver, XTX Markets, and ABN AMRO Clearing. XP also exercised its purchase option and joined A5X's investor base.

A5X Use of Funds

Capital from the Series D round will be used to finance operations until reaching the break-even point. This includes satisfying the regulatory capital requirements necessary to operate as a market infrastructure and scaling overall operations.

About A5X

Founded in 2023 by Carlos Ferreira, Karel Luketic, Julian Chediak, and Nilson Monteiro, A5X aims to create new infrastructure for the Brazilian derivatives market to challenge existing market concentration. The company utilizes proprietary technology combined with clearing solutions from the London Stock Exchange Group and expects to begin operations in the second quarter of 2027.

Funding Details

Company Website: https://a5x.com.br

Company: A5X
Raised: $70M
Round: Series D
Funding Date: September 14, 2026
Lead Investor: Morgan Stanley, Goldman Sachs, Kaszek
Additional Investors: IMC, Jump Trading, Optiver, XTX Markets, ABN AMRO Clearing, XP
Software Category: Fintech
Source: https://www.latamfintech.co/articles/fintech-a5x-capta-us-70m-en-una-serie-d-para-impulsar-una-nueva-bolsa-de-derivados-y-transformar-el-mercado-de-capitales-brasileno