Brazilian FinTech Lands $200M Investment to Tokenize Credit Card Receivables

PuzzledScholar · 2026-01-13T09:50:32+00:00

BlackOpal has secured $200 million in funding to expand GemStone, a platform using blockchain to streamline credit card receivables in Brazil. This innovation enhances financial efficiency and positions BlackOpal at the forefront of market transformation.

PuzzledScholar

2026-01-13 09:50:32

Abstract generation in progress

BlackOpal, a São Paulo-based financial services firm specializing in credit card tokenization solutions, has successfully closed a three-year financing round worth $200 million. The capital injection involves prominent investors Mars Capital Advisors, alongside Draupnir Capital coordinating the transaction structure. This funding fuels the expansion of GemStone, an innovative platform designed to transform credit card receivables into blockchain-based digital assets.

Streamlining Brazil’s Receivables Infrastructure

The primary objective centers on simplifying how credit card receivables are processed and registered within Brazil’s financial ecosystem. By leveraging blockchain technology, GemStone integrates seamlessly with the country’s central bank registration framework, automating the entire settlement cycle. Collections are executed directly through partnerships with Visa and Mastercard, eliminating manual intermediaries and accelerating cash flow cycles for financial institutions.

Why This Matters for Financial Innovation

Credit card tokenization represents one of the most practical applications of blockchain in real-world asset (RWA) markets. Rather than managing paper-based or fragmented digital records, financial platforms can now issue, trade, and settle receivables on distributed ledger networks. BlackOpal’s approach addresses a critical pain point in emerging markets where receivables management remains labor-intensive and opaque.

The $200 million deployment signals growing institutional confidence in blockchain-based financial infrastructure. As more capital flows into RWA projects, expect similar initiatives across Latin America’s largest economies. For Brazil specifically, this development could accelerate the adoption of blockchain solutions across banking, fintech, and lending sectors.

What’s Next

With this investment secured, BlackOpal is positioned to scale GemStone across Brazil’s financial market. The platform’s ability to automate collections while maintaining transparent, immutable records on the blockchain could set a new industry standard for how credit card receivables are managed in the region.

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