Innova Capital (venture capital)

Fraud prevention for Brazilian commerce

Innova Capital is an investment manager in Brazil, and one of the businesses in its portfolio is an anti-fraud provider. That company describes itself as a market leader in fraud solutions for e-commerce, physical retail, telecoms and financial markets. It says it was among the first to map the behaviour and reputation of digital consumers, and that its fraud score covers more than 94% of Brazilian individual tax registrations, analysing over 185 million transactions a year. Its listing on B3 dates from 2021.

Embedded finance through Celcoin

Celcoin is described as a pioneer of embedded finance in Brazil. It supplies the financial infrastructure that lets other companies offer financial services to their own customers, including bill and tax payments, automatic debit, withdrawals, mobile phone top-ups and data sharing under open banking rules. The company says more than two hundred businesses use its technology, and that its services reach over nine million Brazilians.

Online credit and the Movile consumer apps

Among the portfolio is what the company calls the first online credit marketplace in the country. Through one platform, borrowers see offers from more than thirty financial partners in real time, and the firm reports over six million users. Movile holds a group of mobile-first businesses: iFood for food delivery, Wavy for corporate messaging, Sympla for ticketing at live events, PlayKids and Zoop. Movile says it has more than 180 million monthly active users across Brazil, the United States, France and the rest of Latin America, and that its goal is to improve the lives of a billion people through its apps.

Asset management software from Houston

One portfolio business is based in Houston, Texas. It describes its enterprise asset management platform as prominent in Brazil and among the global providers in its field. The mobile platform connects to ERP systems and helps customers manage physical assets as they move towards Industry 4.0 practices, with the aim of greater efficiency in how those assets are run.

Retail execution tools for consumer goods

Two more businesses work in retail. One offers a platform for tracking sales and product stock across distribution channels for large consumer goods brands, so retailers and distributors can read real demand and keep products on shelves. It merged with TradeForce in 2017. The other provides mobility software for promoters and field teams, with route tracking, checks that visits were carried out at the point of sale and dashboards for managers. It merged with Accera in 2017.

Published policies and governance papers

The firm's website lists the documents it publishes: a reference form for Innova Capital Gestora de Recursos, a code of ethics and conduct, a policy on personal and manager negotiations, an apportionment policy describing how opportunities are divided, and compliance rules setting out its internal controls.