StoneCo Ltd is a financial technology company that provides cloud-based e-commerce solutions. Its technology platform supports its clients’ fintech requirements for in-store, online, and mobile transactions. StoneCo offers an end-to-end solution, helping clients in Brazil to connect with their customers, process payments, and develop their businesses. StoneCo Ltd was founded in 2000 and is headquartered in Sao Paolo, Brazil. StoneCo also has regional offices across the country, supporting its base of over 200,000 clients.
StoneCo focuses on the small-to-medium business (SMB) market, working with both online stores and bricks-and-mortar merchants. It also makes its solutions available to integrated partners such as payment service providers (PSPs). ItsS Pagar.me product can be used by PSPs as a solution for their customers who need to accept payments online quickly and securely. StoneCo works with around 100 partner organisations. The company has adopted a holistic approach with its clients, supporting the needs of omni-channel commerce through advanced fintech solutions, combined with dedicated local customer support hubs staffed with teams of payment specialists.
StoneCo Ltd is traded under the ticker STNE on the NASDAQ. In 2020, StoneCo acquired Linx in one of the largest deals ever for a technology company in Brazil. |
