About Hub Prepaid
Hub Prepaid is a company based in Barueri (Brazil) founded in 2015 was acquired by Magazine Luiza in December 2020.. Hub Prepaid operates in a competitive market with competitors including Tremendous, Vale Presente and BR Pays, among others.
- Headquarter Barueri, Brazil
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Sectors
RetailFinancial Services
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Magazine Luiza
(Dec 22, 2020)
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Funding Insights of Hub Prepaid
| 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 Hub Prepaid
Hub Prepaid has secured backing from 1 investor. Prominent investors backing the company include Magazine Luiza. 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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A chain of department stores is operated in Brazil.
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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 Hub Prepaid
| 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 |
Financial Statements - Hub Prepaid
| 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 |
Hub Prepaid Comparisons
Competitors of Hub Prepaid
Hub Prepaid 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 Tremendous, Vale Presente and BR Pays, 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 |
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| domain | founded_year | HQ Location |
Provider of rewards and financial benefits management platform for enterprises
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| domain | founded_year | HQ Location |
Offers comprehensive solutions for gift cards and related services.
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| domain | founded_year | HQ Location |
Provides virtual gift cards for secure and convenient digital transactions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Hub Prepaid
Frequently Asked Questions about Hub Prepaid
When was Hub Prepaid founded?
Hub Prepaid was founded in 2015.
Where is Hub Prepaid located?
Hub Prepaid is headquartered in Barueri, Brazil. It is registered at Barueri, Sao Paulo, Brazil.
What does Hub Prepaid do?
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.
Who are the top competitors of Hub Prepaid?
Hub Prepaid's top competitors include Tremendous, Vale Presente and BR Pays.
Who are Hub Prepaid's investors?
Hub Prepaid has 1 investor. Key investors include Magazine Luiza.