Conta Simples

Conta Simples

Exclusive digital bank for startups, digital entrepreneurs and SMEs.

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$41.5m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2021
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

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More about Conta Simples
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Conta Simples is a Brazilian financial platform designed to streamline expense management for businesses. The company offers a digital account combined with corporate cards, both physical and virtual, allowing for decentralized spending by employees while maintaining centralized control.

The platform provides real-time tracking of expenses, enabling finance departments to monitor and manage expenditures as they happen. This integration of a corporate account with expense management software and cards aims to simplify financial operations, reduce bureaucracy, and provide greater autonomy to teams without sacrificing financial oversight.

The primary market for Conta Simples is small and medium-sized enterprises (SMEs) and startups in Brazil, which often require more agile and less bureaucratic financial solutions than those offered by traditional banks. The business model is likely based on a combination of subscription fees for accessing the platform

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Investments by Conta Simples

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Hackrads
ACQUISITION by Conta Simples Aug 2022