Mercado Libre's MeLi Fund has chipped into a $22.5m for online brokerage platform operator Warren that was led by QED Investors.
Brazil-based digital investment brokerage Warren has raised R$120m ($22.5m) in a series B round featuring e-commerce firm Mercado Libre.
Venture capital firm QED Investors led the round, which included Chromo Invest, Kaszek Ventures, Quartz, Ribbit Capital and WPA. Mercado Libre invested through corporate venturing arm, MeLi Fund.
Founded in 2014, Warren runs a fee-based online brokerage for Brazil-based investors including brokers, asset managers and financial administrators. It has more than 130,000 clients and about $380m under management across seven funds…
