N5 receives investments from major international banks and targets global expansion


N5 Now, a software company for the financial industry that records annual growth rates of 200%, has captured the attention of large investors in a recent round.

With an investment interest eight times higher than expected, the company now has new strategic allies to support its development and meet the high demand in places where it does not yet have operations. Currently, N5 operates in 15 countries and is already preparing to open offices in nine other geographies, with the expectation of ending 2023 with a 60% growth in its team.

The investors who participated in the round are: Illuminate Financial, a venture capital firm that has Limited Partners (LP) of some of the largest financial institutions in the world, such as J.P. Morgan, Citi, Barclays, BNY Mellon, S&P Global and Jefferies.

Exor Ventures, the venture investment arm of Exor N.V., a holding company controlled by the Agnelli family and shareholder of Ferrari, Stellantis, CNHI and The Economist.

Madrone Capital Partners, a private equity firm associated with the Walton family, majority shareholders of Walmart; LTS Investments, the investment holding company, Telles and Sicupira.

Arpex Capital, the investment holding company of entrepreneurs André Street and Eduardo Pontes; and Overboost, a venture builder and fund management company.

For Julian Colombo, CEO of N5 Now, this move was driven by the desire to have high-level strategic partners who bring the market experience that these companies possess.

“We experienced exponential growth in demand, exceeding our most optimistic forecasts. In places where we do not yet operate, the list of interested parties has grown significantly, with customers requesting our platform in advance. Therefore, we understood that it was time to incorporate great partners with the expertise that will allow us to serve these customers more quickly and continue our growth globally,” he says.

Among the products and services offered, the N5 Now platform is the flagship product.

With rapid implementation resulting in an increase in business productivity by 53%, improving NPS by more than 21 points and reducing distribution costs by 16%, it allows tangible results in 100 days.

The suite is a systematic platform with native integration of all the software necessary for a financial institution, such as CRMs, BPMs, incentives and omnichannel, which allows to break down the natural barrier that prevents a bank from innovating, since it frees these institutions from the complexity of their legacy systems.

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