Decade raised $85 million to pair AI with wealth advisers in Brazil

Decade, a Brazilian AI-assisted wealth advisory founded by former Nubank executives including former CTO Vitor Olivier, emerged from stealth in May 2026 after raising an $85 million seed round, which it claims is the largest seed round in Latin American history. The round was backed by Greenoaks, Benchmark, and Diffusion, with Atlantico and Norte Ventures also participating, according to Brazil Journal. Decade plans to combine senior human advisers with proprietary software using Open Finance data, and its asset-management entity is seeking authorization from Brazil's securities regulator, the CVM.

In May 2026, Decade emerged from stealth after raising an $85 million seed round https://decade.com/newsroom/release?ref=runtimewire to build an AI-assisted wealth advisory for Brazilian customers. The company was founded by former Nubank executives, including former Nubank chief technology officer Vitor Olivier. The financing was equivalent to roughly R$440 million. Decade described it as the largest seed round in Latin American history, while Bloomberg Linea reported https://www.bloomberglinea.com.br/negocios/ex-executivos-do-nubank-lancam-consultoria-de-gestao-de-patrimonio-baseada-em-ia/?ref=runtimewire the narrower comparison that it was the region's largest known seed round, based on Latin American Private Capital Association data extending to 2010. Greenoaks, Benchmark and Diffusion backed the round, according to Decade's announcement. Brazil Journal https://braziljournal.com/ex-nubank-levanta-seed-historico-decade-vai-gerir-financas-pessoais-com-ai/?ref=runtimewire also identified Atlantico and Norte Ventures as participants. The supplied materials do not establish a lead investor or valuation. They disclose no earlier financing, making the seed the only publicly identified funding for Decade, but they do not provide ownership terms. The founder behind Decade Decade identifies Olivier as its chief executive https://decade.com/en?ref=runtimewire . He joined Nubank in 2014 as employee number 10, when the digital bank was still operating from a house in Sao Paulo, according to his account of Nubank's first decade https://international.nubank.com.br/company/nubank-10-years-a-decade-of-transformation-by-vitor-olivier/?ref=runtimewire . He worked on systems spanning credit cards, accounts, collections, finance and fraud before becoming chief technology officer and head of global platforms, Nubank said https://international.nubank.com.br/pt-br/companhia/nubank-anuncia-vitor-olivier-como-cto/?ref=runtimewire . Nubank announced in August 2025 https://international.nubank.com.br/pt-br/companhia/nubank-anuncia-eric-young-como-chief-technology-officer/?ref=runtimewire that Olivier would leave the following month to start his own venture. What Decade is selling Decade says its model combines senior human advisers with proprietary software that uses Open Finance data; the company's asset-management entity was seeking CVM authorization, according to its release https://decade.com/newsroom/release?ref=runtimewire . Brazil Journal reported https://braziljournal.com/ex-nubank-levanta-seed-historico-decade-vai-gerir-financas-pessoais-com-ai/?ref=runtimewire that Decade tested the service with a small beta group. The report did not disclose the cohort's size. The available materials also provide no customer count, assets under management, revenue or headcount. Regulatory status remains unsettled In its company release https://decade.com/newsroom/release?ref=runtimewire , Decade says Decade Asset Management is seeking authorization from Brazil's securities regulator, the CVM, as a portfolio manager. The reviewed sources do not establish completed authorization or identify the eventual scope of that entity's activities. They also do not identify a brokerage or custody partner. The competitive test Decade enters a market where consumer advisers and financial-software vendors are adding AI to planning and portfolio work. Brazilian fee-based advisory Brazil Wealth https://www.infomoney.com.br/advisor/brazil-wealth-mira-r-1-bi-no-primeiro-ano-com-tecnologia-e-independencia/?ref=runtimewire has promoted technology and AI as part of its service. In the US, Range https://www.range.com/blog/introducing-rai-the-first-ai-wealth-advisor?ref=runtimewire combines AI-assisted planning with human financial professionals and raised a $60 million Series C https://www.range.com/blog/range-raises-60m?ref=runtimewire in November 2025. Nevis https://www.neviswealth.com/news/nevis-raised-40m/?ref=runtimewire has raised $40 million for AI workflow tools sold to wealth-management firms. Olivier brings experience from Nubank, but Decade starts without the digital bank's established customer distribution. It must persuade customers to hire a new advisory firm while recruiting enough human advisers to deliver its proposed service. The undisclosed customer count, assets and revenue leave that commercial test largely unmeasured.