Company Overview
Stark Bank is a Brazilian open banking API provider and digital business bank offering payment processing, banking infrastructure, and financial services for companies, with backing from Jeff Bezos' Bezos Expeditions. Founded in 2018 by Rafael Stark and backed by Y Combinator (W20), the São Paulo-based company raised $58.2M in total funding including a $45M Series B in April 2022 led by Ribbit Capital with participation from Lachy Groom and Bezos Expeditions. In 2023, Stark Bank processed 155 billion reais ($31B USD) in payments (3x YoY growth), doubled net income to 71.5 million reais, and serves 600 clients including Gol Airlines, Localiza, Ultragaz, Loft, and QuintoAndar.
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Stark Bank is recognized as a market leader in the Finance sector, demonstrating strong industry presence and customer trust.
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