About Celcoin
Celcoin is a company based in Barueri (Brazil) founded in 2016 by Rodrigo Moraes, Marcelo Franca Correa, and Adriano Meirinho.. Celcoin has raised $154.29 million across 4 funding rounds from investors including BTG Pactual, Sinqia and Innova Capital. Celcoin has completed 6 acquisitions, including Cobransaas, Finansystech and Flow Finance. Celcoin offers products and services including cel_bricks, mybenk, and cel_banking. Celcoin operates in a competitive market with competitors including Pismo, Prime Trust, Belvo, AuthBridge and Transfeera, among others.
- Headquarter Barueri, Brazil
- Founders Rodrigo Moraes, Marcelo Franca Correa, Adriano Meirinho
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Celcoin Instituicao De Pagamento S.A
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$154.29 M (USD)
in 4 rounds
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Latest Funding Round
$125 M (USD), Series C
Jun 12, 2024
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Investors
BTG Pactual
& 5 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cobransaas
& 5 more
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Products & Services of Celcoin
Celcoin offers a comprehensive portfolio of products and services, including cel_bricks, mybenk, and cel_banking. 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.
Modular infrastructure for business financial integration
Complete platform for stakeholder financial management
Services for white-label banking and data sharing
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Funding Insights of Celcoin
Celcoin has successfully raised a total of $154.29M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $125 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $125.0M
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First Round
First Round
(23 May 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series C - Celcoin | Valuation | Summit Partners | |
| Apr, 2022 | Amount | Series B - Celcoin | Valuation | Innova Capital |
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| Jul, 2021 | Amount | Series A - Celcoin | Valuation | Sinqia , BTG Pactual |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Celcoin
Celcoin has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BTG Pactual, Sinqia and Innova Capital. 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 |
|---|---|---|---|---|
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Innova Capital is engaged in venture capital investments in technology companies.
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Founded Year | Domain | Location | |
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Venture capital and private debt fund focused on edutech, healthcare, financial, and multiple sectors
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Founded Year | Domain | Location | |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Celcoin
Celcoin has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Cobransaas, Finansystech and Flow Finance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Open-source framework is developed for building and scaling decision workflows.
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2024 | ||||
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Provider of legal advice, accounting advice, and process automation for businesses
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2023 | ||||
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Aggregation APIs for open banking data are developed and provided.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Celcoin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Celcoin Comparisons
Competitors of Celcoin
Celcoin 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 Pismo, Prime Trust, Belvo, AuthBridge and Transfeera, 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 |
Cloud-based API solutions for digital banking services are offered.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Open banking API solutions are developed for financial data aggregation.
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| domain | founded_year | HQ Location |
Online open banking API solution for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Celcoin
Frequently Asked Questions about Celcoin
When was Celcoin founded?
Celcoin was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Celcoin located?
Celcoin is headquartered in Barueri, Brazil. It is registered at Barueri, Sao Paulo, Brazil.
Who is the current CEO of Celcoin?
Marcelo Franca Correa is the current CEO of Celcoin. They have also founded this company.
Is Celcoin a funded company?
Celcoin is a funded company, having raised a total of $154.29M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10.8M, raised on May 23, 2019.
What does Celcoin do?
Bill payment platform for businesses. Provides solutions for companies to settle bills, join open banking, have own credit infrastructure, access the DDA, have recurring billing, offer top ups with any operator, recharge, games, movies and music, sell bus tickets, prepaid and postpaid bill payments, payment for water, electricity, and gas bills.
Who are the top competitors of Celcoin?
Celcoin's top competitors include Pismo, AuthBridge and Belvo.
What products or services does Celcoin offer?
Celcoin offers cel_bricks, mybenk, and cel_banking.
How many acquisitions has Celcoin made?
Celcoin has made 6 acquisitions, including Cobransaas, Finansystech, and Flow Finance.
Who are Celcoin's investors?
Celcoin has 6 investors. Key investors include BTG Pactual, Sinqia, Innova Capital, VOX Capital, and Torq.
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