About Hub Prepaid
Hub Prepaid is a Retail company based in Barueri (Brazil) founded in 2015, and was acquired by Magazine Luiza in December 2020. Prepaid cards and online payment solutions are provided for businesses. It operates in the Retail and Financial Services sectors. Its focus areas include FinTech, Payments, Consumer Payments and Payment Cards. Its competitors include Vale Presente and BR Pays.
Company details
Hub Prepaid was founded in 2015 in Barueri, Brazil, in the fintech sector. Online payment solutions and prepaid cards are offered to businesses for corporate use. The Hub Card is utilized for both online and offline transactions. Features for prepaid cards and payments are developed via Hub Fintech, integrating marketing, design, and technology. Fraud and transaction risks are addressed through Hub Risk services.
- Headquarters Barueri, Brazil
- Stage Acquired
- SectorsRetailFinancial Services
- Website hubprepaid.com.br
- Social LinkedIn
- Acquired by Magazine Luiza (Dec 2020)
- Investors
- Acquired byMagazine Luiza
(Dec 2020)
Investors in Hub Prepaid
Hub Prepaid has secured backing from 1 investor. Prominent investors backing the company include Magazine Luiza.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A chain of department stores is operated in Brazil. | 1957 | magazineluiza.com.br | Louveira, Brazil |
Investor details for Hub Prepaid
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Timeline of Hub Prepaid
2 dated milestones of Hub Prepaid across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Hub Prepaid is founded.
- Exit Acquired by Magazine Luiza.
Competitors of Hub Prepaid
Hub Prepaid has 2 listed competitors in our database. They include Vale Presente and BR Pays.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| valepresente.com.br | 2011 | Sao Paulo, Brazil | Offers comprehensive solutions for gift cards and related services. | |||
| brpays.com.br | 2019 | Sao Paulo, Brazil | Provides virtual gift cards for secure and convenient digital transactions. |
Detailed competitors of Hub Prepaid
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Related news about Hub Prepaid
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Frequently Asked Questions about Hub Prepaid
Hub Prepaid was founded in 2015.
Hub Prepaid is headquartered in Barueri, Brazil. It is registered at Barueri, Sao Paulo, Brazil.
Hub Prepaid was founded in 2015 in Barueri, Brazil, in the fintech sector. Online payment solutions and prepaid cards are offered to businesses for corporate use. The Hub Card is utilized for both online and offline transactions. Features for prepaid cards and payments are developed via Hub Fintech, integrating marketing, design, and technology. Fraud and transaction risks are addressed through Hub Risk services.
Hub Prepaid's top competitors include Vale Presente and BR Pays.
Hub Prepaid has 1 investor. Key investors include Magazine Luiza.
Yes. Hub Prepaid was acquired by Magazine Luiza in December 2020.