“Can a Brazilian payments gateway become the country's default embedded-finance infrastructure layer for platforms and marketplaces?”
Founded as a Brazilian payments and recurring-billing gateway, iugu obtained Payment Institution status from the Central Bank of Brazil in 2020 and has since broadened into a full embedded-finance infrastructure provider — adding digital accounts, card issuing, split payments, and Banking-as-a-Service. Goldman Sachs is a named investor. The company today positions itself as a modular financial ecosystem for platforms and marketplaces in Brazil.