Decade Raises $85 Million in the Largest Seed Round in Latin American History to Build an AI-Powered Wealth Management Platform

Brazilian AI fintech Decade has raised US$85 million in a seed funding round to develop an AI-powered wealth management platform. The company was co-founded by Vitor Olivier, Decade’s Co-Founder and CEO and former Chief Technology Officer at Nubank, alongside Felipe Meneses, the company’s Head of AI.

The round was co-led by Benchmark, GreenOaks, and Diffusion, with participation from Brazilian investors Norte Ventures and Atlantico. The company’s valuation following the investment was not disclosed. The financing has been described as the largest seed funding round in Latin American history, providing Decade with significant capital to develop a technology-driven alternative to traditional wealth management services.

Bringing Family Office Services to More Investors

Decade aims to make sophisticated financial planning and investment management capabilities traditionally associated with multi-family offices available to a broader group of investors. The company plans to combine artificial intelligence with human financial expertise to help users understand their financial position, manage investments, identify risks, and make better long-term financial decisions.

Vitor Olivier, Co-Founder and CEO of Decade, sees an opportunity to bring the type of technological transformation to wealth management that digital banking brought to traditional financial services.

Building an AI-Powered Financial Hub

Decade connects with users’ financial accounts through Brazil’s Open Finance infrastructure, allowing its platform to create a consolidated view of their assets, liabilities, investments, and financial activity.

Its AI technology can continuously analyse factors including spending patterns, portfolio allocation, wealth concentration, and financial risk. Users can also perform financial simulations, generate projections, and ask complex questions about their finances based on their individual financial information.

Decade intends to operate as an independent layer between customers and financial institutions, allowing the platform to provide recommendations without being tied to a specific bank or investment provider.

Integrating With Brazil’s Investment Ecosystem

The startup has already established integrations with major Brazilian financial platforms, including BTG Pactual and XP Investimentos, initially allowing customers to visualise financial information held across different institutions.

Decade plans to eventually enable users to execute financial transactions directly through its platform as its product and regulatory capabilities expand. The service is expected to operate under a subscription model costing approximately R$200 per month, providing access to the platform, its AI-powered financial tools, and support from human consultants.

Founded by Former Nubank Leaders

Decade was co-founded by Vitor Olivier and Felipe Meneses, who serves as the company’s Head of AI. The idea emerged from discussions between the founders while they were working at Nubank, where Olivier previously served as Chief Technology Officer.

Following Olivier’s departure from Nubank, the founders began developing Decade and building its team, which has grown to approximately 26 professionals.

The company currently operates under an investment consulting licence from Brazil’s Securities and Exchange Commission (CVM) and is pursuing an additional asset management licence that would allow it to expand its financial services.

Preparing for Wider Expansion

Decade is currently operating in beta and is managing several billion reais in assets for a limited group of clients while refining its platform and customer experience. The company has opened a waitlist for prospective users but is prioritising product development before accelerating customer acquisition.

With $85 million in seed capital, Decade plans to establish an AI-native wealth management platform capable of combining automated financial intelligence with human expertise. Starting in Brazil, the company ultimately sees an opportunity to take its model into additional international markets as it seeks to broaden access to sophisticated financial planning and wealth management services.