PagueVeloz
Also a provider — view PagueVeloz’s profile →“Can Serasa's bureau data + PagueVeloz's payment-institution license become Brazil's dominant embedded SME credit rail?”
Founded2012
HQBlumenau, SC, Brazil (with São Paulo office)
Total raised$477.5K (pre-Serasa acquisition)
Latest roundAcquired by Serasa Experian
IndustryFintech / SMB banking
The story
Founded 2012 in Blumenau as a receivables-and-boleto fintech with card terminals for SMBs, PagueVeloz was accelerated by Darwin Startups and later became part of the Serasa Experian group. It evolved from POS/boleto processing into a full payment institution offering digital accounts, Pix, and payment links. In 2026 it structured a R$2B FIDC with Itaú BBA to scale data-driven SME credit, positioning itself as Serasa's embedded-finance arm leveraging bureau data and Open Finance rails.
Product timeline
2012
Founded to streamline receivables (boletos, card machines) in Brazil· banking
2021
Expanded to digital account with Pix, bill pay, mobile top-up, statements· banking
2026
Structured R$2B FIDC with Itaú BBA to expand SME credit; over 1M organic Open Finance consents via Sensedia· lending
Regulated entities
1
regulatory licence held by PagueVeloz
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in PagueVeloz’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Banking / BaaS
in the full report
Lending
in the full report
Open banking
in the full report
KYC
in the full report
Accounting gap: none
8 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.