Matera, a Brazilian fintech company, has raised $100 million from Warburg Pincus to expand its instant payment solutions in the U.S. The funding will help address the lag in U.S. payment systems compared to Brazil's advanced infrastructure.
Matera's technology aims to facilitate faster and more efficient transactions, enhancing the financial ecosystem. This investment highlights the growing focus on improving payment systems and reducing delays in financial transactions in the United States.