Blu
About Blu
Blu is a company founded in 2019 was acquired by Shopee in December 2023. It operates as a FinTech, and Pay-per-Use / Usage-Based. Blu offers products and services including PagBlu, BluTap, CredBlu, and Maquininha Blu. Blu operates in a competitive market with competitors including Square, Clover, SpotOn, ShopKeep and Zettle, among others.
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Blu Instituição De Pagamento Ltda.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Blu
Blu offers a comprehensive portfolio of products and services, including PagBlu, BluTap, CredBlu, and Maquininha Blu. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sales anticipation with zero fees is offered by PagBlu.
Mobile phones are transformed into card machines securely.
Flexible payment terms are provided for retailer orders.
Card machines are offered without rental or fees.
Funding Insights of Blu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Blu
Blu has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Reuters and Shopee. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Provider of global multimedia news and financial data
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Blu
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Blu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blu Comparisons
Competitors of Blu
Blu operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square, Clover, SpotOn, ShopKeep and Zettle, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based mPOS system for small business operations is offered.
|
|
| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
|
|
| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
|
|
| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
|
|
| domain | founded_year | HQ Location |
POS solutions are provided for retail payment processing.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Blu
Frequently Asked Questions about Blu
When was Blu founded?
Blu was founded in 2019.
What does Blu do?
Blu is established as a payment institution authorized by the Central Bank of Brazil, focusing on financial solutions that integrate retail and industry. Services are provided to streamline payments, reduce costs, and enhance sales efficiency across the supply chain. Sectors such as furniture, mattresses, optics, electronics, bicycles, and raw materials are served. Solutions like PagBlu for zero-fee sales anticipation, BluTap for mobile payment processing, and CredBlu for flexible credit terms are offered to retailers and suppliers. Security and data protection are prioritized to ensure safe transactions for all users.
What products or services does Blu offer?
Blu offers PagBlu, BluTap, CredBlu, and Maquininha Blu.
Who are Blu's investors?
Blu has 2 investors. Key investors include Reuters, and Shopee.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.