Brazilian fintech A5X raised a $70M Series D led by Morgan Stanley, Goldman Sachs, and Kaszek. Existing investors IMC, Jump Trading, Optiver, XTX Markets, XP, and ABN AMRO Clearing also participated. The round values A5X at approximately $525M.
Founded in 2023 A5X is building a derivatives exchange to compete with B3 in Brazil. A5X combines trading and clearing technology from London Stock Exchange Group with infrastructure developed for the Brazilian market.
A5X has more than 200 employees. A5X raised approximately $39M in its previous round in September 2025.
Source: LatamList



