Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start operating in Mexico, where Azimut has significant presence and operations. Capitual Gets €15 Million Investment From Azimut Fintech companies serving the cryptocurrency market have started grabbing the attention of more traditional asset management firms. Capitual, a fintech company that serves as a bridge to legacy finance for several crypto exchanges in Brazil, has completed a partnership deal with Azimut, an Italian asset management firm. The deal, which includes an investment of €15 million (about $16.2 million) will allow the company to extend its services to European countries. The expansion would also contemplate Capitual establishing presence in Mexico and offering its services there. C