# Conta Simples

**Source:** https://geo.sig.ai/brands/conta-simples  
**Vertical:** Finance  
**Subcategory:** General  
**Tier:** Challenger  
**Website:** contasimples.com  
**Last Updated:** 2026-04-14

## Summary

São Paulo Brazil YC W20 corporate digital bank at $3.7B TPV with 500K cards issued and breakeven 2023; $68.1M total ($41.5M Base10 Series B Jan 2024) competing with Nubank Business for Brazilian SME corporate expense management.

## Company Overview

Conta Simples is a São Paulo, Brazil-based digital bank for businesses — backed by Y Combinator (W20) with $68.1 million in total funding including a $41.5 million Series B in January 2024 led by Base10 Partners with Jam Fund, Valor Capital, Big Bets, Broadhaven, and DOMO Invest — providing Brazilian SMEs and startups with corporate digital banking services including corporate credit cards, expense management, and multi-card issuance for controlling business spending. Achieving breakeven at the end of 2023 with $3.7 billion in processed transaction volume (TPV), 30,000 active users, and 500,000 physical and digital corporate cards issued, Conta Simples received authorization as a Direct Credit Society from Brazil's Central Bank in September 2023. Founded in 2018 by Rodrigo Tognini.

Conta Simples' corporate digital banking platform addresses the expense control problem that Brazilian SMEs face with traditional banks: a 50-person company in Brazil managing business expenses through a mix of personal credit cards, reimbursement requests, and limited corporate cards from incumbent banks (Bradesco, Itaú, Santander) lacks the card issuance flexibility, real-time expense visibility, and policy controls that prevent overspending and simplify accounting. Conta Simples' digital-first model (instant corporate card issuance for any employee through the app, real-time spending notifications, category-level spending limits per card, and accounting integration) provides the expense management infrastructure that Brazilian companies need to replace informal expense handling. The Direct Credit Society license from Brazil's Central Bank enables Conta Simples to operate as a regulated financial institution — providing the regulatory foundation that enterprise customers require for financial services partnerships.

In 2025, Conta Simples competes in the Brazilian corporate banking, B2B fintech, and SME expense management market with Nubank (NASDAQ: NU, largest Brazilian neobank, expanding into business accounts), Pagar.me (Stone payment processing, $170M raised), and Neon Pagamentos (digital bank for SMEs, $300M raised) for Brazilian SME and startup corporate account and expense management platform adoption. Base10 Partners' Series B leadership (Base10 is a US VC focused on automation and emerging markets) reflects conviction in Brazil's corporate fintech market. Y Combinator W20 backing connects Conta Simples with the Latin American fintech investor community. The 2025 strategy focuses on growing the mid-market Brazilian company segment (50-500 employees with complex expense workflows), building the working capital credit products (invoice discounting and merchant cash advances backed by card transaction data), and expanding the accountant channel for SME financial management platform bundling.

## Frequently Asked Questions

### What is Conta Simples?
Conta Simples is a Brazilian digital bank for businesses specializing in expense management and corporate card services. Founded in 2018 in São Paulo, it is a Y Combinator W20-backed company that provides digital banking solutions tailored for business clients.

### What products and services does Conta Simples offer?
Conta Simples offers digital business banking, corporate credit cards (both physical and digital), an expense management platform, transaction volume processing, and business financing services.

### Who is Conta Simples designed for?
Conta Simples is designed for businesses in Brazil, serving 30,000 active users. The company is expanding to enterprise clients in 2024.

### When was Conta Simples founded and by whom?
Conta Simples was founded in 2018 by Rodrigo Tognini in São Paulo, Brazil.

### Where is Conta Simples located?
Conta Simples is based in São Paulo, Brazil.

### How much funding has Conta Simples raised?
Conta Simples has raised $68.1M in total funding, including a $41.5M Series B round in January 2024 led by Base10 Partners and a $24M Series A in December 2021. Investors include Jam Fund, Valor Capital, Big Bets, Broadhaven, and DOMO.

### What are Conta Simples's key achievements and metrics?
Conta Simples broke even at the end of 2023, processes $3.7B in transaction volume (TPV), serves 30,000 active users, and has issued 500,000 physical and digital corporate credit cards. The company received authorization as a Direct Credit Society from Brazil's Central Bank in September 2023.

### What regulatory authorization does Conta Simples have?
Conta Simples received authorization as a Direct Credit Society from Brazil's Central Bank in September 2023.

### Is Conta Simples hiring?
Yes, Conta Simples is creating 100 new roles in 2024.

### What are the recent developments at Conta Simples?
Recent developments include raising a $41.5M Series B in January 2024, breaking even at the end of 2023, creating 100 new roles in 2024, and expanding services to enterprise clients.

## Tags

b2b, fintech, payment-processing, latin-america, scaleup

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*