About StoneCo
StoneCo is a company based in George Town (Cayman Islands) founded in 2000. It operates as a FinTech. The company has 16,790 employees as of December 31, 2024. StoneCo has completed 1 acquisition, including Linx. StoneCo offers products and services including Payment Solutions, Banking Services, and Software Solutions. StoneCo operates in a competitive market with competitors including Flutterwave, PayU, CyberSource, Wirecard and UnionPay Intl, among others.
- Headquarter George Town, Cayman Islands
- Employees 16790 as on 31 Dec, 2024
- Stage Public
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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
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- Legal Name Stoneco Ltd.
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Annual Revenue
$939.16 M-8.64as on Dec 31, 2024
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Net Profit
$-281.07 M-188.18as on Dec 31, 2024
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EBITDA
$-113.66 M-497.02as on Dec 31, 2024
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Latest Funding Round
$467.5 M (USD), Debt – Conventional
Dec 18, 2023
- Investors
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Employee Count
16790
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of StoneCo
StoneCo is a publicly listed company on the NASDAQ with ticker symbol STNE in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of StoneCo
StoneCo offers a comprehensive portfolio of products and services, including Payment Solutions, Banking Services, and Software Solutions. 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.
Payment processing solutions are provided for Brazilian businesses.
Banking services are offered to empower various businesses.
Software tools are developed for business management needs.
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Software Development Team
225 people
Sales and Marketing
25 people
Especialista Team
22 people
Human Resources and Administration
17 people
Analista Team
17 people
Gerente Team
15 people
Product Management Team
15 people
Senior Team
12 people
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Funding Insights of StoneCo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $467.5M
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First Round
First Round
(18 Dec 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Debt – Conventional - StoneCo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 StoneCo
StoneCo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include DFC. 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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Government agency supporting the development of SMEs
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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 StoneCo
StoneCo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Linx. 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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Cloud-based ERP and POS solutions are provided for retail segments.
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1985 |
| 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 - StoneCo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Stoneco Comparisons
Competitors of StoneCo
StoneCo 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 Flutterwave, PayU, CyberSource, Wirecard and UnionPay Intl, 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 payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Global e-commerce payment processing and security services are managed.
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| domain | founded_year | HQ Location |
Payment processing solutions are provided for businesses and merchants.
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| domain | founded_year | HQ Location |
Mobile and online payment solutions are provided for banks.
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| domain | founded_year | HQ Location |
Financial technology and payment processing solutions are provided by Equiniti.
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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 Stoneco
Frequently Asked Questions about StoneCo
When was StoneCo founded?
StoneCo was founded in 2000 and raised its 1st funding round 23 years after it was founded.
Where is StoneCo located?
StoneCo is headquartered in George Town, Cayman Islands.
Who is the current CEO of StoneCo?
Pedro Zinner is the current CEO of StoneCo.
How many employees does StoneCo have?
As of Dec 31, 2024, the latest employee count at StoneCo is 16,790.
What is the annual revenue of StoneCo?
Annual revenue of StoneCo is $939.16M as on Dec 31, 2024.
What does StoneCo do?
StoneCo is focused on transforming the Brazilian market through innovative financial technology. Solutions in payment processing, banking, and software are integrated to empower businesses of all sizes. The company is dedicated to supporting entrepreneurs by turning dreams into results with technology-driven services. Continuous innovation is pursued to enhance offerings in the financial sector.
Who are the top competitors of StoneCo?
StoneCo's top competitors include PayU, Flutterwave and CyberSource.
What products or services does StoneCo offer?
StoneCo offers Payment Solutions, Banking Services, and Software Solutions.
Is StoneCo publicly traded?
Yes, StoneCo is publicly traded on NASDAQ under the ticker symbol STNE.
How many acquisitions has StoneCo made?
StoneCo has made 1 acquisition, including Linx.
Who are StoneCo's investors?
StoneCo has 1 investor. Key investors include DFC.
What is StoneCo's ticker symbol?
The ticker symbol of StoneCo is STNE on NASDAQ.
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