Itau, Nubank Leaders Are Among Backers of US Tech Firm (Correct)

Pointsville, a Pittsburgh-based company that helps businesses manage digital assets and loyalty programs, raised $10 million in capital to speed up growth in Central and South America. The deal valued Pointsville at $84 million.

Led by private equity firm Valor Capital Group, the funding round also included Ricardo Villela Marino, shareholder and vice chairman of Itau Unibanco Holding SA’s board of directors, and Edward Wible, a co-founder and shareholder of Nu Holdings SA, Latin America’s largest fintech.

Gabor Gurbacs

Source: Pointsville

“The proceeds will be used to accelerate our expansion in Central America and South America, as well as in a ...