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Pismo - About the company

Pismo is an acquired company based in Sao Paulo (Brazil), founded in 2016 by Ricardo Josua. It operates as a Cloud-based banking solutions. Pismo has raised $109M in funding from investors like Accel, Amazon and Redpoint eventures, with last known valuation of $*****. The company has 353 active competitors, including 42 funded and 29 that have exited. Its top competitors include companies like Thought Machine, ION Group and Tuum.

Company Details

Cloud-based banking solutions. It offers an API-based solution that enables banks and financial institutions to provide digital services to the end customers. It features a digital banking solution with deposits, savings, and loans, digital wallets with tokens for buyers and sellers, transaction processing and seller management solutions, debit, credit, and prepaid card issuance, and more.
Website
pismo.io
Social
X
Registered Address
PLOT NO.5, C-6 & 7 LSC VASANT KUNJ NEW DELHI South Delhi DL 110070 IN
Key Metrics
Founded Year
2016
Location
Sao Paulo, Brazil
Stage
Acquired
Total Funding
$109M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 28, 2023
Investors
Ranked
Employee Count
591 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Visa (Jun 29, 2023)

Pismo's acquisition details

Pismo got acquired by Visa on Jun 29, 2023 at an acquisition amount of $*****.
Click here to take a look at Pismo's acquisition in detail
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Pismo's funding and investors

Pismo has raised a total funding of $109M over 2 rounds. Its first funding round was on Nov 30, 2016. Its latest funding round was a Series B round on Oct 19, 2021 for $*****. 9 investors participated in its latest round. Pismo has 9 institutional investors.

Here is the list of recent funding rounds of Pismo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 19, 2021
6040798
Series B
9839202
5157900
3335937
2171027
Nov 30, 2016
7974992
Series A
8425848
2882758
4655583
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Pismo's founders and board of directors

Founder? Claim Profile
The founders of Pismo is Ricardo Josua. Ricardo Josua is the CEO of Pismo.
Here are the details of Pismo's key team members:

Pismo's employee count trend

Pismo has 591 employees as of Sep 26. Here is Pismo's employee count trend over the years:
Employee count trend for Pismo
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Pismo's Competitors and alternates

Top competitors of Pismo include Thought Machine, ION Group and Tuum. Here is the list of Top 10 competitors of Pismo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Thought Machine
Thought Machine
2014, London (United Kingdom), Series D
Developer of cloud native core banking and payment processing software
$767M
67/100
2nd
Logo for ION Group
ION Group
1998, London (United Kingdom), Late Stage
Treasury management solutions for financial institutions and banks
$400M
66/100
3rd
Logo for Tuum
Tuum
2019, Tallinn (Estonia), Series B
Provider of a cloud-native API-first core banking platform
$49.8M
66/100
4th
Logo for Pismo
Pismo
2016, Sao Paulo (Brazil), Acquired
Cloud-based banking solutions
$109M
66/100
5th
Logo for Zeta
Zeta
2015, San Francisco (United States), Series D
Provider of technology platforms and integrated services for financial institutions
$390M
64/100
6th
Logo for 10x
10x
2016, London (United Kingdom), Series C
Developer of a cloud-native SaaS platform for core banking services
$403M
64/100
7th
Logo for Roinet Solution
Roinet Solution
2012, Gurugram (India), Seed
Developer of financial inclusion and digital finance and banking solutions to under-served communities
$2.2M
60/100
8th
Logo for Skaleet
Skaleet
2015, Boulogne billancourt (France), Series B
Cloud-agnostic core banking solution
$30.7M
59/100
9th
Logo for Neem
Neem
2019, Karachi (Pakistan), Seed
Full-stack payment infrastructure powering how businesses in Pakistan accept, send, and manage money
$3.5M
58/100
10th
Logo for Craft Silicon
Craft Silicon
2000, Nairobi (Kenya), Seed
Provider of banking, microfinance, fund management, and merchant service solutions
-
56/100
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Pismo's Investments and acquisitions

Pismo has made no investments or acquisitions yet.

Reports related to Pismo

Here is the latest report on Pismo's sector:

News related to Pismo

lockFilter this list
Media has covered Pismo for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
•
Pismo Appoints New Global CEO, Vishal DalalFinsidersbrasil•Apr 16, 2025•Pismo
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Pismo Names Vishal Dalal as Global CEOPR Newswire•Apr 16, 2025•Pismo
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Pismo debuts in the Global Fintech Fest 2024PR Newswire•Aug 28, 2024•Pismo
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