Brazilian Fintech Nova Raises $24 Million to Link Credit Cards With Pix Payments
Canaan led the Series A for the startup, whose app lets users make Pix transfers and pay bills against existing credit-card limits.
SÃO PAULO — Brazilian fintech Nova raised a $24 million Series A led by Canaan, according to news reports published Nov. 11, 2026. The company’s product connects a user’s existing credit-card limit to Pix, Brazil’s instant-payment network, allowing users to make transfers and pay bills.
The product addresses a specific mismatch in consumer finance: Pix is widely used for immediate bank-to-bank payments, while card credit can offer a way to defer repayment. Nova’s app combines those rails so a user can fund a Pix transaction from available card credit rather than a bank balance.
That convenience does not make the payment free. The cost, installment terms, card issuer treatment and eligibility depend on the product’s disclosed terms and the user’s card. Consumers should compare any fee or financing charge with other ways to pay and understand when the amount becomes due.
The funding gives Nova capital to grow its product in Brazil, but does not establish adoption, profitability or future market share. The key operating questions are how transparently the app displays total cost, how card issuers treat the transactions and how the company manages fraud and repayment risk.