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Brazil’s QuintoAndar quadruples market value to US$4 billion after new investment round

RIO DE JANEIRO, BRAZIL - A round of US$300 million will fund the development of more tools for those who rent, buy or sell real estate. The startup will also expand to Mexico.

QuintoAndar has quadrupled its market value in 2 years. The startup for renting, buying or selling properties is now worth US$4 billion after a new investment round. It was US$300 million in a series E round.

The investment was led by Ribbit Capital, a Silicon Valley-based fund that specializes in fintechs. Ribbit Capital's portfolio includes businesses such as Brex, Coinbase, ContaAzul, Cora, and . . .

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