Nova Raises $24M Series A

Nova, a fintech company based in Brazil, has secured $24 million in a Series A funding round. The company specializes in financial technology that allows consumers to leverage their existing credit card limits to facilitate instant payments and bill settlements through the Pix payment system.

Investors

The funding round was led by Canaan, a US-based venture capital firm.

Nova Use of Funds

Nova plans to use the new capital to bridge the gap between traditional credit card lines and the Pix instant payment ecosystem, enabling users to pay for expenses such as rent and tuition that were previously not payable via card.

About Nova

Founded with a mission to integrate credit utility into the instant payment landscape, Nova provides a platform that charges transactions to a consumer credit card while delivering the payment to the recipient via Pix, effectively extending the reach of credit lines in Brazil.

Funding Details

Company Website: https://explorenova.com

Company: Nova
Raised: $24M
Round: Series A
Funding Date: November 12, 2026
Lead Investor: Canaan
Software Category: Fintech
Source: https://thepaypers.com/payments/news/nova-raises-usd-24-mln-to-link-credit-cards-to-brazils-pix