Morrison & Foerster advised SoftBank Latin America Fund in connection with the recently announced $108 million financing round in Pismo.
Pismo is a technology company providing an all-in-one processing platform for banking, payments, and financial markets infrastructure. Founded in 2016 by four experienced tech entrepreneurs in Brazil, Pismo has already attracted some of the biggest banks, fintechs, and retailers in Latin America as customers. The funding will fuel the company’s global expansion and accelerate the development of its market-leading technologies.
MoFo recently advised SoftBank Latin America Fund on its investments in CRM&BONUS, a Brazilian-based platform that allows real-time control of giftback delivery to consumers, and GAIA, an e-commerce platform for the sale of furniture and design accessories in Mexico.
The MoFo deal team representing SoftBank Latin America Fund was led by Miami-based Latin America Desk co-chair Randy Bullard, together with corporate partner Juan Delgado and associate Axel Miranda.