SÃO PAULO and SAN FRANCISCO — August 4, 2026 — Decade, an AI-native wealth advisory company, announced it is emerging from stealth with an $85 million seed round backed by Greenoaks, Benchmark and Diffusion — the largest seed funding ever raised for a Latin American startup.
Decade was founded by former Nubank CTO Vitor Olivier and Hyperplane founder Felipe Meneses. Rather than building another bank, brokerage or investment platform, the company intends to use artificial intelligence to deliver at scale a level of financial intelligence previously reserved for the wealthiest individuals and the large teams of advisors working on their behalf, with the stated goal of laying the foundation for a new generation of millionaires.
“A decade ago, Brazilians paid some of the highest banking fees in the world,” said Neil Mehta, founder of Greenoaks. “Nubank changed that for tens of millions of people, but investing never got its turn. Now it will.”
Mehta added, “Vitor built the technology that powered Nubank’s rise and is building a new AI platform to transform wealth management. Decade cuts fees that customers shouldn’t be paying, surfaces opportunities they would never have discovered on their own, and builds a portfolio around their actual goals. We believe Decade will become the place Brazilians trust with their financial lives, and we are thrilled to partner with them for many years to come.”
Decade’s AI-driven approach
Decade’s ambition attracted three global investment firms to back a Brazil-based company led by two founders with a track record of building the region’s banking infrastructure. Co-founder and CEO Vitor Olivier joined Nubank as one of its earliest engineers and rose to Chief Technology Officer as the company grew into the world’s largest digital bank, serving more than 100 million customers across Latin America. Co-founder and Head of AI Felipe Meneses was the first Brazilian selected for the Thiel Fellowship; he founded Hyperplane, an AI company focused on financial institutions that Nubank later acquired, and the two founders went on to lead some of Nubank’s largest AI initiatives.
Brazil has been a global leader in financial innovation: Pix processes close to 100 billion transactions a year, and Open Finance has given Brazilians standardized access to their own financial data at scale. Yet only about a third of Brazilians hold any financial investment, and only 7% can live off their own savings after retirement. Decade positions its AI tooling and advisory model as a response to those gaps, aiming to help people distill abundant products and information into sound financial decisions that protect the legacy built through years of work.
