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Pinbank

São Paulo, Brazil

$19.6M raisedFreshly fundedfintechneobankpayment_processing

◆ Total Raised

$19.6M

◆ Location

São Paulo, Brazil

◆ Founded

2009

◆ Team size

51-200

◆ Links

Website ↗

◆ About Pinbank

Brazilian neobank providing payment solutions and financial services for businesses through an acquiring platform.

◆ What sets it apart

Pinbank was one of Brazil's pioneers in the 'split' payment model and is among the first payment institutions in Brazil to receive foreign exchange license authorization from the Central Bank.

◆ Sectors

fintechneobankpayment_processingbanking-as-a-servicecredit

◆ Business

Modeltransactional

Customerbusinesses and merchants of all types and sizes, including retail, industry, and enterprise clients

◆ Notable

  • Raised $19.6M through a FIDC structured by XP
  • Processes approximately $784.4M in annual payment volume
  • Over 250,000 accounts and clients including Rappi, Cacau Show, and Ortobom
  • Received foreign exchange license authorization from Brazil's Central Bank (BC)

◆ Explore the market

FintechBrazil

◆ FAQ

What does Pinbank do?

Brazilian neobank providing payment solutions and financial services for businesses through an acquiring platform.

Where is Pinbank based?

Pinbank is based in São Paulo, Brazil, founded in 2009.

How much has Pinbank raised?

Pinbank has raised $19.6M in tracked funding.

Who has invested in Pinbank?

Investors in Pinbank include XP (structured and distributed the FIDC).