“Can a Brazilian corporate-card and expense-management platform become the operating system for SMB finance by owning its own credit license and extending into multi-currency?”
Founded 2018 as a digital bank account for Brazilian SMBs, Conta Simples pivoted toward a corporate-card + expense-management vertical (the 'Brazilian Brex/Ramp') with strong traction among digital/ads-driven businesses. The 2023 SCD license from Banco Central was a meaningful infrastructure shift — it allowed the company to stop renting credit rails from partners and originate its own credit products. The 2025 Conta Simples Global launch (via Airwallex) extended the platform into multi-currency for digital businesses hit by Brazil's IOF tax environment.
Conta Simples discloses Conta Simples Sociedade de Crédito Direto S.A. (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Conta Simples does not disclose a bank charter of its own; its banking services are provided through Conta Simples Sociedade de Crédito Direto S.A. (in-house).
Conta Simples processes payments through Pix (self-operated via SCD), Boleto issuance (self-operated) and Conta Simples Soluções de Pagamentos (in-house IP). Disclosed money-movement rails: Pix.
Conta Simples's cards are issued through Conta Simples SCD (in-house, Visa network).
Conta Simples's lending and capital products are provided by Conta Simples SCD (in-house).
Conta Simples uses Airwallex for FX and cross-border payouts.
Conta Simples integrates with ERP integrations (generic, via Conta Simples API).
The Embedded Finance Index 2026 maps 9 layers in Conta Simples's stack: Payments / PSP (Pix (self-operated via SCD), Boleto issuance (self-operated) and Conta Simples Soluções de Pagamentos (in-house IP)); Money movement (Pix); Banking / BaaS (Conta Simples Sociedade de Crédito Direto S.A. (in-house)); Card issuing (Conta Simples SCD (in-house, Visa network)); Lending (Conta Simples SCD (in-house)); FX & payouts (Airwallex); Accounting (ERP integrations (generic, via Conta Simples API)); Spend / AP (Conta Simples (self-operated)); Transaction enrichment (Conta Simples (in-house)).
Conta Simples was founded by Rodrigo Baptista Tognini, Fernando Rodrigues dos Santos and Ricardo Mota Gottschalk and is founded in 2018, headquartered in São Paulo, Brazil.
Conta Simples has raised ~$65M+ in total (latest round: Series B, January 2024).
Get a read on where your own stack stands against Conta Simples and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.