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Startups & Venture·August 4, 2026·1 min read

Ex-Nubank team raises $85m for Decade, an AI wealth adviser promising “a generation of millionaires”

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$85M at seed for an AI wealth adviser in Brazil is a statement that consumer-facing AI finance is moving from feature to full-stack product. Incumbent banks and brokers in emerging markets should assume fee compression on mass-affluent advice and start experimenting with AI-native advisory funnels now.

Startups & Venture

Convex, which provides an AI-optimized application backend for developers, raised a $57M Series B led by Insight Partners, taking its total funding to $110.5M

Money flowing into “AI-optimized backends” like Convex is a bet that the real leverage is in opinionated infra that bakes in state, latency, and vector-heavy patterns for you. If you’re still hand-rolling backends for AI apps, at least benchmark these platforms before you commit to another bespoke stack.