Bela Pagamentos

The office manages the proceeds from the sale of Bela Pagamentos, one of Brazil's largest independent payment processing and sub-acquiring companies. The firm handled high-volume card transactions for thousands of merchants before being sold to a larger financial infrastructure group. That exit generated the liquidity now deployed through the family office.

The office sources through the founding family's deep networks within Brazil's payments industry, including relationships with central bank officials, card network executives, and digital banking founders. A network venture-partner model embeds former bank executives and payment-industry regulators as deal scouts, providing early visibility into infrastructure-focused startups before they reach broader institutional processes.

The office makes concentrated direct investments in venture and growth-stage companies, typically writing equity checks between $2 million and $10 million. It also allocates opportunistically to private credit and occasionally participates in select venture capital fund commitments alongside managers like Kaszek, Valor Capital Group, and Monashees.

The portfolio concentrates on Latin America's real-time payments value chain, including payment processors, embedded-finance platforms, B2B disbursement automation, and non-bank lenders building on PIX infrastructure. Geographically, investments are weighted toward Brazil, particularly São Paulo and Rio de Janeiro, with additional exposure to Mexico's fintech ecosystem.

Bela Pagamentos operates strictly as a single-family office, managing capital solely for the founding family. It does not accept external limited partners and maintains full discretion over investment decisions without outside influence or reporting obligations to third-party investors.

The office supports a small philanthropic foundation focused on financial-literacy programs in Brazilian public schools. This foundation is managed separately from the investment portfolio and operates with its own governance structure.

The firm actively co-invests alongside venture capital funds and strategic corporate investors, leveraging its operator expertise to add value beyond capital. It has co-invested alongside firms including Kaszek, Valor Capital Group, and Monashees, often taking board observer or advisory roles that draw on the family's operational payments experience.