Company Overview
Conta Simples is a Brazilian digital bank for businesses specializing in expense management and corporate card services. Founded in 2018 by Rodrigo Tognini in São Paulo, the Y Combinator (W20) backed company raised $68.1M total funding including a $41.5M Series B in January 2024 led by Base10 Partners with participation from Jam Fund, Valor Capital, Big Bets, Broadhaven, and DOMO. Conta Simples broke even at the end of 2023 with $3.7B in processed transaction volume (TPV), serves 30,000 active users, and has issued 500,000 physical and digital corporate credit cards, receiving authorization as a Direct Credit Society from Brazil's Central Bank in September 2023.
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Strong Challenger
Conta Simples is an established challenger with significant market presence and competitive offerings in Finance.
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