StoneCo (NASDAQ:STNE) is a Brazilian financial technology company that provides payment processing, banking and business-management solutions to entrepreneurs and small and medium-sized businesses. Its services are designed to help merchants accept electronic payments, manage cash flow and operate their businesses through integrated digital tools.
The company’s offerings include point-of-sale and mobile payment solutions, online payment processing, digital banking services, working-capital and credit products, and software for retail and other business operations. Through its technology platform and related brands, StoneCo also provides tools such as invoicing, inventory management, customer relationship management and financial administration.
Founded in 2012 and headquartered in São Paulo, StoneCo primarily serves businesses in Brazil. The company completed its initial public offering on the Nasdaq in 2018. Its expansion has included acquisitions and investments in payment, financial-services and enterprise-software businesses, including the acquisition of Linx, a Brazilian retail-management software provider, in 2020.
StoneCo is led by Chief Executive Officer Pedro Zinner. The company was co-founded by entrepreneurs including André Street and Eduardo Pontes, who helped establish its focus on providing technology and financial services to Brazil’s business community.
