With an agile and flexible structure, Itaú Ventures was created with the objective of bringing investment management even closer to the bank’s operational and strategic needs.
Under the leadership of Philippe Schlumpf, superintendent of Itaú Ventures, the fund will have a dedicated team and will be linked to the Proprietary Business Executive Board of Itaú Unibanco.
Itaú Ventures Highlights:
Initially committed amount of R$500 million under management, with forecast to allocate R$250 million in two years
Investment ticket starting from R$20 million
Focus on Brazilian and Latin American startups
Strategic investment areas: Payments, Wealth, Insurance, Credit, Cybersecurity, Financial Services, UX, Infrastructure and Artificial Intelligence
Performance aligned with the bank’s strategic priorities
Close monitoring of investments and knowledge sharing