Kanastra
Kanastra is a Brazilian capital markets infrastructure platform offering API-first backoffice software and fiduciary services for private credit funds, securitizations, and banking operations, serving credit fund managers, originators, securitization issuers, and institutional investors in Brazil, and operating as a licensed financial institution since December 2024.
- Company typePrivate
- Founded2022
- HeadquartersUberlândia, Brazil
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Kanastra does
Kanastra is a Brazilian capital markets infrastructure platform that provides backoffice software and fiduciary services for structured private credit funds and securitizations, serving credit fund managers, credit originators, securitization issuers, and institutional investors in Brazil. The company is organized into three integrated verticals — Funds (administration, management, distribution, and backup servicing of asset-backed credit funds), Securitization (issuance and ongoing administration of single- and multi-tranche asset-backed securities), and Banking (escrow accounts, payment accounts, bank slip issuance, commercial notes, and debt issuance for non-bank lenders) — all delivered through a single API-first platform with both UI and programmatic access.
Underlying the platform is a proprietary reconciliation ledger, a real-time eligibility criteria engine that validates 100% of underlying assets in covered funds, automated covenant and risk monitoring, and an integration layer connecting originators, collection agents, centralized clearing entities, and digital signature providers. The December 2024 grant of a banking license from Banco Central do Brasil allows Kanastra to issue credit contracts directly on behalf of non-bank lenders, converting the company from a software-and-fiduciary vendor into a regulated financial institution. As of February 2025 the platform supported more than 160 operations with R$15 billion in assets under administration.
Kanastra's revenue is generated through a mix of recurring service fees tied to fund administration and assets under management, transaction-based fees for securitization issuance and ongoing vehicle servicing, and account/transaction fees in the Banking vertical; pricing is quote-based and not publicly disclosed, and distribution is primarily direct enterprise and mid-market engagement supplemented by the distribution channel opened through Itaú Unibanco's Kinea partnership. The company is venture-backed, having raised approximately $63 million+ across a 2023 seed, a June 2024 Series A led by Kaszek, a February 2025 Series A extension led by Itaú/Kinea, and an October 2025 $30 million Series B led by F-Prime.
Kanastra firmographics
Firmographics- Name
- Kanastra
- Legal name
- Kanastra
- Website
- https://kanastra.com.br
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Kanastra is a Brazilian capital markets infrastructure platform offering API-first backoffice software and fiduciary services for private credit funds, securitizations, and banking operations, serving credit fund managers, originators, securitization issuers, and institutional investors in Brazil, and operating as a licensed financial institution since December 2024.
- Ownership category
- akta.pro rank
Kanastra industry classification
Industry- Product category
- Capital Markets Infrastructure Software
- NAICS
- Nondepository Credit Intermediation (5222), Funds, Trusts, and Other Financial Vehicles (525), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Asset-Backed Securities (6189), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)
- akta.pro primary industry
- BNPL Securitization & Funding Platforms (Capital Markets Enablement) (FSAGAIAI)
- akta.pro secondary industry
- Prime Financing & Credit Intermediation (Institutional) (FSADAJAH)
Keywords
Where Kanastra is headquartered
LocationHeadquarters
- HQ city
- Uberlândia
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Kanastra business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Fund Administration Services: Fiduciary services and software for structured private credit funds, providing daily portfolio reporting, reconciliation, LP registration, and operational back-office. Revenue likely generated through recurring service fees tied to assets under administration or fund complexity.
- Securitization Services: Fiduciary services and software for securitization operations including issuance, distribution, and backup servicing of asset-backed securities. Revenue derived from transaction-based issuance fees and ongoing administration of securitization vehicles.
- Banking Services: Banking-as-a-service for credit originators including escrow accounts, payment accounts, debt issuance, bank slips, and commercial notes. Revenue likely from account fees, transaction fees on debt issuance, and banking service charges.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Kanastra product offering
Product offeringCore offering
Kanastra provides a cloud-native capital markets infrastructure platform combining fiduciary services and software for structured private credit funds, asset-backed securitizations, and banking operations (escrow accounts, payment accounts, debt issuance, bank slips, commercial notes). It serves credit originators, fund managers, and securitization issuers in Brazil with API-first and UI-based access to fund administration, distribution, backup servicing, and banking-as-a-service functionality, supported by a proprietary ledger, real-time eligibility criteria engine, and a banking license from Banco Central do Brasil.
Product overview
Kanastra operates as a capital markets infrastructure platform offering three integrated verticals: Funds, Securitization, and Banking. The Funds vertical provides Fund Administration, Fund Management, Distribution, and Backup Servicing for structured credit funds. The Securitization vertical offers issuance, backup servicing, and distribution for asset-backed securities across various underlying asset types. The Banking vertical provides Escrow Account, Payment Account, Bank Slips Issuance, Commercial Notes Issuance, and Debt Issuance services for credit originators. All services are delivered through a unified technology platform with UI and API access, supporting over 160 operations with R$15 billion in assets under management.
Differentiator
Problem solved
Functional benefit
Products and services
- Fund Administration
Quantifiable outcome
- Supports 160+ operations with assets managed worth R$15 billion
- +1 more outcomes
Companies that use Kanastra
Customer profileSegments4 records
Ideal customer profiles4 records
Kanastra technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Kanastra partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CredAlugacoreKanastra and CredAluga launched Brazil's first fund that replaces capitalisation title (título de capitalização) as a rental guarantee. This innovative fund addresses the rental guarantee market by using a structured fund structure instead of traditional capitalisation products, representing a novel application of Kanastra's fund administration technology.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Kanastra competitors and assessment
Company assessmentDirect peers
- Vortx: Brazilian fintech providing fiduciary administration, securitization, and fund services infrastructure. Most direct competitor in Kanastra's core funds and securitization verticals, serving similar Brazilian capital markets clients with overlapping product offerings.
- Oliveira Trust: Established Brazilian fiduciary services provider offering fund administration, securitization, and structured credit services. Competes directly with Kanastra in the Brazilian fiduciary and securitization market with a longer operating history and traditional delivery model.
- Planner Trustee: Brazilian fiduciary administrator and trustee serving credit funds and securitization vehicles. Competes with Kanastra in fund administration and securitization servicing for Brazilian institutional clients.
Broad incumbents
- Banco BTG Pactual: Largest independent investment bank in Latin America with internal fiduciary, securitization, fund administration, and credit operations capabilities. Represents a broad incumbent that could compete with or partner alongside Kanastra in structured credit infrastructure.
- B3: Brazilian stock and securities exchange operating clearing, settlement, and centralized registration infrastructure for fixed income, securitization, and funds. Provides underlying market infrastructure that Kanastra integrates with and could potentially compete with at higher layers of the stack.
- Itaú Unibanco: Brazil's largest bank with extensive fiduciary, securitization, and asset management operations, and a strategic minority investor in Kanastra. Overlapping capabilities make Itaú both a key partner and a potential competitive threat as Kanastra scales.
- Genial Investimentos: Brazilian investment platform with private credit, fund distribution, and structured products capabilities. Represents a vertically integrated incumbent competing for similar institutional and high-net-worth clients in Brazilian structured credit.
Emerging players
- Pomelo: Latin American banking-as-a-service platform enabling companies to embed financial products. Comparable to Kanastra's banking vertical in its API-first infrastructure approach and target market of fintechs and digital lenders in the region.
- Figure Technology Solutions: US-based fintech operating a blockchain-enabled asset-backed finance and securitization infrastructure platform. Comparable technology vision—integrated origination, funding, and securitization—though in a different geography and asset class mix.
- Yieldstreet: US-based private credit and alternative investment platform offering structured products to retail and institutional investors. Comparable in distributing structured credit and securitization offerings, though focused on US retail/wealth channels rather than institutional.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Kanastra social profiles
Digital presenceKanastra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kanastra leadership team
Management profileNumber of profiles
Kanastra funding detail
Funding detailFunding overview
Funding rounds6 records
Investors22 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kanastra M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kanastra
What does Kanastra do?
Kanastra provides a cloud-native capital markets infrastructure platform combining fiduciary services and software for structured private credit funds, asset-backed securitizations, and banking operations (escrow accounts, payment accounts, debt issuance, bank slips, commercial notes). It serves credit originators, fund managers, and securitization issuers in Brazil with API-first and UI-based access to fund administration, distribution, backup servicing, and banking-as-a-service functionality, supported by a proprietary ledger, real-time eligibility criteria engine, and a banking license from Banco Central do Brasil.
Is Kanastra a public or private company?
Kanastra is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kanastra founded?
Kanastra was founded in 2022. It employs 101 to 250 people.
Where is Kanastra based?
Kanastra is headquartered in Uberlândia, Brazil, in the Latin America region.
How does Kanastra make money?
Three revenue lines are on record. Fund Administration Services are the primary driver. The others are securitization Services and banking Services.
Who are Kanastra's main competitors?
Direct peers on record are Vortx, Oliveira Trust and Planner Trustee. Broad incumbents are Banco BTG Pactual, B3, Itaú Unibanco and Genial Investimentos. Emerging players are Pomelo, Figure Technology Solutions and Yieldstreet.
Does Kanastra have an API?
Yes. Kanastra's platform offers API-based access across multiple services. The Banking vertical provides account creation, bank statement access, and parameterization via API. The Funds Administration service enables asset acquisition, settlement, repurchase, and renegotiation via UI or API. Fund Management includes automated eligibility criteria processing and real-time monitoring. Distribution services support integration and settlement via centralized clearing. Securitization issuance offers API integration with originators and collection agents. Commercial notes issuance supports multiple formats via UI or API, including digital registration and document generation. No specific API documentation URL, authentication method, rate limits, or versioning information provided in available sources.
What industry is Kanastra in?
Kanastra's product category is Capital Markets Infrastructure Software. Its primary akta.pro industry code is FSAGAIAI, BNPL Securitization & Funding Platforms (Capital Markets Enablement), with a secondary code of FSADAJAH, Prime Financing & Credit Intermediation (Institutional). Its NAICS code is 5222 and its SIC code is 6189.