Lumx is a technology company.
Lumx has raised $3.0M across 1 funding round.
Lumx has raised $3.0M in total across 1 funding round.
Lumx is a technology company building next-generation global payments infrastructure focused on stablecoins for Latin America (LATAM). It provides a stablecoin banking API that enables banks, fintechs, and payment providers to integrate stablecoin-based solutions for cross-border payments, remittances, instant settlements, and fiat-stablecoin conversions (supporting currencies like BRL, USDC, and USDT) with built-in compliance, security, and speed.[1][2][4][5] Backed by BTG Pactual, Latin America's largest investment bank, Lumx simplifies blockchain complexity, making it "invisible" to end-users while ensuring interoperability and auditability for corporate clients.[1][2][4] Founded in 2022, the company has raised $3.4 million from investors including Indicator Capital, CMT Digital, and others, positioning it as a reference in Brazil's fintech and blockchain space with a lean team of around 30 specialized professionals driving product expansion and compliance.[2]
Lumx was established in 2022 in Brazil by co-founders Caio Barbosa (Founder & Co-CEO) and Gabriel Poverelli (CTO & Co-CEO).[1][2] Caio, a Forbes Under 30 honoree and Latitud Fellowship recipient with a background in Law and Product Management, is a prominent voice in blockchain and tokenized economies, having spoken at global events.[1] Gabriel, an MIT Under 35 innovator and self-taught programmer, founded his first startup at 17 and launched Sem Processo, a leading Brazilian legal tech, before partnering with Caio on Lumx.[1] The idea emerged from the need to make blockchain functional and accessible for financial institutions amid LATAM's transforming payments market, with early recognition through programs, awards, and media features solidifying their traction.[1][2]
Lumx rides the stablecoin infrastructure wave in LATAM, where regulatory progress, institutional adoption (e.g., Klarna, Sony), and monetary policy shifts are enabling stablecoins to redefine payments and financial rails.[1][2][5] Timing is ideal amid global stablecoin transformations, with LATAM's high remittance volumes and cross-border needs amplified by market forces like Brazil's fintech boom and demand for cheaper, faster alternatives to legacy systems.[2][4][5] By enabling banks and fintechs to adopt blockchain seamlessly, Lumx influences the ecosystem as a "reference" bridge between TradFi and crypto, promoting scalable adoption without user-facing complexity.[1][2]
Lumx is poised to expand its API dominance in LATAM stablecoin payments, leveraging $3.4M funding for product enhancements, compliance, and operations amid rising institutional stablecoin consensus.[2][5] Trends like sovereignty-focused regulation and global giants integrating stablecoins will accelerate growth, potentially evolving Lumx into a core infrastructure layer for regional finance.[1][5] With its lean, innovative culture and founder pedigrees, expect deepened partnerships (e.g., BTG Pactual) and broader currency support, solidifying its role in connecting present banking to blockchain's future.[1][2][4]
Lumx has raised $3.0M in total across 1 funding round.
Lumx's investors include DOMO Invest, Indicator Capital.
Lumx has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in October 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2025 | $3.0M Seed | DOMO Invest, Indicator Capital |