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Conta Azul

“Can a Brazilian SMB ERP become the operating system — and the licensed bank — for every small business and its accountant?”

Founded2011
HQJoinville, Santa Catarina, Brazil
Total raised$37M (disclosed rounds)
Latest roundBuyout/LBO
IndustryVertical SaaS / SMB ERP
The story

Conta Azul started in 2011 as a cloud ERP for Brazilian micro and small businesses, focused on financial control, invoicing (NF-e/NFS-e/NFC-e) and the accountant relationship. Over the last five years it has aggressively embedded finance: it obtained its own Brazilian Payment Institution license (Contaazul IP), operates as a correspondent bank of Banco BTG Pactual, launched an in-house Conta PJ business account with Pix, boleto, cards and receivables discounting, and layered on receivables financing (own product plus Adiante for NF-e financing). It is now a vertical SaaS + own-brand BaaS platform for Brazilian SMBs and their accountants.

Last 12 months
2026-08
2025
Product timeline
0
Acquired/merged (PitchBook lists status as Acquired/Merged, PE-backed operating subsidiary).· acquisition
2011
Founded in Joinville as an online ERP for Brazilian SMBs.· pivot
2020
Launched Receba Fácil for embedded payment collection (boletos, cards, Pix).· banking
2023
Receba Fácil evolves into Conta PJ da ContaAzul IP — a full business account through its own Payment Institution license.· banking
2025
Launched Conta Azul IA, an AI-powered document capture and posting feature announced at Con 2025.· pivot
Regulated entities
1
regulatory licence held by Conta Azul
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
7 layers disclosed in Conta Azul’s embedded-finance stack
Payments / PSP
Conta PJ da ContaAzul IP (self-operated)Cobranças da Conta Azul (self-operated)
Money movement
in the full report
Banking / BaaS
in the full report
Lending
in the full report
Open banking
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: none
17 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.