What is Stone Pagamentos? Stone Pagamentos Review, Features

Stone Pagamentos is primarily engaged in payment processing and financial services, providing e-commerce and POS services to online retailers and brick-and-mortar businesses.

About Stone Pagamentos

Stone Pagamentos is a Brazilian fintech company headquartered in Sao Paulo, Brazil. It provides financial technology solutions in Brazil. It was founded in 2012 after the Brazilian central bank ended the monopoly of the credit card payment industry. It mainly engages in payment processing and financial services, providing e-commerce and POS services to online retailers and physical merchants. In 2019, the company accounted for 7% of the Brazilian payment market share. In 2018, StoneCo. was listed on the Nasdaq, attracting investors from Buffett's Berkshire Hathaway and Alibaba's Ant Financial, raising an estimated $1.5 billion.

Stone Pagamentos' Mission

Stone Pagamentos provides digital payment capabilities to clients, enabling them to offer enhanced performance and a simplified user experience to their e-commerce and brick-and-mortar customers. Core objectives include transforming the Brazilian payment services market by focusing on the customer, helping businesses control cash flow and sell more products and services. From a risk management perspective, Stone clients pay only for successful transactions, receive customized protection, and are entitled to manual investigations for high-risk claims. Stone payment services enable clients to focus less on payment processing and more on growing their business.

course

• 2018

Initial Public Offering

Stone Co. (STNE) is listed on Nasdaq.

• 2016

Elavin was acquired

Through the acquisition and integration of Elavon's Brazilian operations, Stone significantly increased its market share and became the fourth largest player in the market.

• 2015

Equal to adding to the portfolio

Stone Co. has expanded its business scope and invested in Equals, the largest account reconciliation company in the Brazilian market.

• 2014

Stone started operation

After two years of business building, Stone began operating in the payment market.

• 2013

Pagar.me Join us

Arpex invested in and brought Pagar.me, a fintech focused on small businesses and startups, into the group’s ecosystem.

• 2012

Stone and Monty Pug are born

After helping to break the monopoly of the card market, Stone was created. 2012 was also the year when Mundipagg was founded, focusing on smart payment management and solutions.