FinTech startups in Brazil
There are 2,583 FinTech startups in Brazil which include Nubank, Neon, ContaAzul, NG.CASH, Remessa Online. Out of these, 727 startups are funded, with 305 having secured Series A+ funding, and 12 achieving unicorn status.
Over the past 10 years, an average of 148 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Pontifical Catholic University of Rio de Janeiro, Stanford University and Stanford Business School.
Here is the list of top FinTech startups in Brazil
1. Nubank
Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.
Key facts about Nubank
- Founded Year: 2013
- Location: Sao Paulo (Brazil)
- Stage: Public
- Total Funding till date: $2.27B
- Investors: DST Global, Sequoia Capital and 38 Others
- Latest Funding Round: Series G, Jun 08, 2021, $*****
- Tracxn Score: 83/100 What is this?
- Competitors Rank: 1 of 156 Competitors
2. Neon
Provider of an online bank for consumers. Its services include deposit accounts, money transfers, bill payments, NFC-enabled debit cards for online/offline purchases, and cash withdrawals. It offers an app-based platform that is available on iOS and Android stores.
Key facts about Neon
- Founded Year: 2016
- Location: Sao Paulo (Brazil)
- Stage: Series E
- Total Funding till date: $924M
- Investors: BBVA, General Atlantic and 20 Others
- Latest Funding Round: Series E, Jul 10, 2025, $*****
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 3 of 115 Competitors
3. ContaAzul
ContaAzul provides a cloud-based accounting solution for SMBs. It features sales management, inventory management, invoice management, accounts payable/receivables management, financial reporting, etc. Offers multiple subscription plans depending on the number of users and invoices.
Key facts about ContaAzul
- Founded Year: 2012
- Location: Joinville (Brazil)
- Stage: Acquired
- Total Funding till date: $40.9M
- Investors: Ribbit Capital, 500 Global and 5 Others
- Latest Funding Round: Series D, Apr 03, 2018, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 4 of 3,439 Competitors
4. NG.CASH
Digital wallet to all age groups for financial independence. Provides wallet account, physical or virtual card, and to schedule the allowance. Enables to make instant transfers, personalize the card by registering the name, discounts on purchases, and more. Application is made available for Android and iOS platforms.
Key facts about NG.CASH
- Founded Year: 2021
- Location: Rio de Janeiro (Brazil)
- Stage: Series B
- Total Funding till date: $50M
- Investors: Monashees, Andreessen Horowitz and 11 Others
- Latest Funding Round: Series B, Jul 14, 2025, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 6 of 2,436 Competitors
Remessa Online is an platform for consumers and businesses to make international payments. The payments are made online by the consumers which are routed via banking partnerships. This is a service by BeeCambio.
Key facts about Remessa Online
- Founded Year: 2016
- Location: Sao Paulo (Brazil)
- Stage: Acquired
- Total Funding till date: $21.5M
- Investors: Bewater Ventures, Kaszek and 4 Others
- Latest Funding Round: Series B, Jun 16, 2020, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 3 of 1,050 Competitors
