Celcoin Revenue, Valuation, Funding & Investors
Celcoin is valued at $99M as of July 2021, a 5.8x multiple on its last reported $17M revenue.
Last Celcoin valuation
$99M
Series A · Jul 2021
Last Celcoin funding round
$125M
Series C · Jun 2024
Celcoin revenue
$17M
Series A · Jul 2021
Key investors in Celcoin
Vox Capital
Summit Partners
Banco BTG Pactual
BoostLAB
Innova Capital
Sinqia
About Celcoin
Celcoin is a São Paulo-headquartered fintech providing banking-as-a-service infrastructure for payments, credit, and deposits. Its API platform enables bill payments, PIX transfers, and digital accounts for e-commerce and utilities. Celcoin manages regulatory compliance with Brazil's Central Bank for non-banks. The company processes transactions for 100 partners including retailers and agribusiness firms.
Founded
2015
HQ
BarueriWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Usage-based
Revenue
$17M (Jul 2021)
Valuation
$99M (Jul 2021)
Celcoin Valuation
Celcoin is currently valued at $99M, based on its Series A in July 2021.
The $11M round included Vox Capital, BoostLAB, Sinqia and Banco BTG Pactual.
Celcoin valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jul 2021 | Series A | $99M | 5.8x |
Celcoin Revenue
Celcoin's latest recorded revenue is $17M, as of its Series A in July 2021. At a $99M valuation, that implies a 5.8x revenue multiple.
Celcoin revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jul 2021 | $17M | $99M | 5.8x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Celcoin Funding History
Celcoin has raised a total of $156M across 5 funding rounds.
Celcoin's first fundraising round was a $700K seed round in August 2015. The most recent completed round was a $125M Series C in June 2024.
Celcoin funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2024 | Series C | Summit Partners (lead); Innova Capital | $125M | - | Celcoin is a leading Brazilian fintech company in the Banking as a Service (BaaS) and embedded finance market, providing financial infrastructure and solutions for banks, fintechs, and enterprises. Founded in 2016, it is a B Corp certified firm focused on payments, banking, and lending verticals, enabling clients to embed financial services into their ecosystems. The company processes over 200 million Pix transactions monthly, has over 6,000 business customers, and has completed four acquisitions since 2022 including Galax Pay, Flow Finance, Finansystech, and Reg+. On June 18, 2024, Celcoin announced a $125 million growth equity investment led by Summit Partners, its first in Latin America, with participation from existing investor Innova Capital and fintech executive John Coughlin, who joined the board alongside Christopher J. Dean and Michael Esrubilsky. Innova Capital had backed Celcoin's two prior rounds. The funding supports expansion, product innovation, technology investments, organic growth, and M&A opportunities in Brazil and Latin America to strengthen market leadership amid tailwinds like bancarization and instant payments. At the time of the round, Celcoin reported $63 million in annual recurring revenue and solid growth in transaction processing. CEO Marcelo França emphasized Celcoin's role in financial inclusion for Brazilian consumers, positioning it to capitalize on the future of embedded finance. Investors highlighted the platform's scalability, innovation speed, and potential in Brazil's payments landscape. |
| Apr 2022 | Undisclosed stage | Innova V FIP (lead) | $18M | - | Celcoin, a Brazilian provider of financial and banking technology infrastructure, received an R$85 million investment from Innova Capital on August 4, 2022. Innova Capital led the growth capital round, joining existing investors Vox Capital, Sinqia, and BTG. The funding aimed to accelerate Celcoin's consolidation in the banking services infrastructure segment through organic growth and mergers and acquisitions. This round followed a R$8 million investment eight months earlier in late 2021 and supported recent acquisitions of Galax Pay for recurring billing and sub-acquiring, and Flow Finance for credit APIs. Celcoin also obtained a Payment Institution license from Brazil's Central Bank, enhancing its governance and business model. |
| Jul 2021 | Series A | Vox Capital; BoostLAB; Sinqia; Banco BTG Pactual | $11M | $99M | Celcoin is a Brazilian regtech fintech providing a one-stop open financial services platform, including APIs for bill payments, banking-as-a-service, and credit infrastructure following its Flow acquisition. It serves over 200 customers such as Inter, Ebanx, PagBank, Mercado Pago, BTG Pactual, and non-financial firms like Intelbras and Grendene, including 20 publicly traded companies and seven unicorns. In July 2021, Celcoin completed a Series B funding round on July 16 with a post-money valuation of $98.96 million, led by investors including BoostLAB, Vox Capital, Torq Ventures, and others. Around the funding date, Celcoin reported annualized recurring revenue exceeding R$100 million last month, with monthly transaction volumes averaging R$3 billion and a yearly total of R$25 billion, more than double 2020 levels. The company processed R$1.5 billion monthly by June 2021, up from R$250 million in January, with annual revenue reaching R$75 million by September 2020 but expected to exceed prior figures amid 10% monthly growth. These metrics highlight strong traction in payments and open finance amid Brazil's digital shift during the pandemic. |
| May 2019 | Seed | Vox Capital (lead) | $2M | - | - |
| Aug 2015 | Seed | - | $700K | - | - |
Who has invested in Celcoin?
7 investors have backed Celcoin across its funding rounds, including Vox Capital, Summit Partners, Banco BTG Pactual, BoostLAB, Innova Capital and Sinqia.
Lead investors include Summit Partners, Innova V FIP and Vox Capital.
Celcoin Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| São Paulo | 2 | Lead | May 2019 | |
| Sao Paulo | 1 | Participant | Jun 2024 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Innova V FIP | Rio de Janeiro | 1 | Lead | Apr 2022 |
| São Paulo | 1 | Participant | Jul 2021 | |
| São Paulo | 1 | Participant | Jul 2021 | |
This data is available for Pro users. Sign up to see all 7 Celcoin investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by Celcoin
Celcoin has acquired 7 companies to date.
Last acquisition by Celcoin was on January 29th 2026. Celcoin acquired Celcoin Sociedade de Crédito Direto for undisclosed valuation.
Latest Acquisitions by Celcoin
| Celcoin Sociedade de Crédito Direto | |||||
| Description | Celcoin Sociedade de Crédito Direto is a Brazilian regulated credit institution previously called Via Capital Sociedade de Crédito Direto. The legal company was incorporated in November 2022 under CNPJ 48.632.754/0001-90 and is distinct from the wider Via Capital financing group. It provides the regulated lending component for credit transactions originated through digital platforms and banking correspondents. Public terms issued by Ume identify the institution as the creditor for operations originated through that platform. Celcoin’s own borrower consent documentation also names the company in connection with payroll lending proposals. Its control transferred to Celcoin Instituição de Pagamento in January 2026, following a purchase agreement signed in 2024. The institution is now registered in Barueri and uses the Celcoin legal name. Its role complements the group’s payment institution and technology infrastructure businesses, while it remains a separate legal and regulated entity. | Vulkan Labs is a Tel Aviv-headquartered technology firm advancing AI, machine learning, high-performance computing, and IoT solutions. It develops custom accelerators and edge computing platforms for data centers and industrial applications. With deployments in over 20 countries, the company partners with semiconductor manufacturers to optimize neural network training on FPGA hardware, supporting real-time analytics in autonomous systems and smart cities. | Cobransaas is a Brazilian SaaS provider focused on debt collection management for small businesses and financial institutions. Operating from São Paulo, the platform automates invoice tracking, debtor communication via email and WhatsApp, and payment reminders, integrating with major banks like Itaú and Bradesco. Launched in 2018, it processes over 1 million collections monthly, reducing recovery time by 40% for users in retail and services sectors. | Regulatório Mais is a São Paulo-based provider of compliance solutions for intellectual property firms meeting BACEN and FISCO standards. Its customizable platform handles regulatory filings, data validation, and audit trails for Brazilian financial institutions. Serving payment processors and fintechs, the SaaS tool integrates with core banking APIs for automated submissions. | |
| HQ Country | |  | | | |
| HQ City | Barueri | San Francisco, CA | Porto Alegre | São Paulo | |
| Deal Date | 29 Jan 2026 | 18 Nov 2025 | 19 Nov 2024 | 9 May 2024 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Celcoin acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Celcoin Competitors
Celcoin competitors include listed companies like CSU Digital and Transaction Media Networks, and private ones like Aidyia, Alif, BitKan and Cellulant.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Hong Kong | Private | - | - | $100M | - | |
 London | Private | - | - | $100M | - | |
 Shenzhen | Private | - | - | $100M | - | |
 Nairobi | Private | - | - | $100M | - | |
| Brazil | Publicly listed | $121M | $35M | $114M | - | |
 Japan | Publicly listed | $85M | $17M | $83M | 0.5x |
Celcoin Public Comps
Celcoin is still privately-owned, but its public comps include ETranzact International Plc, CSU Digital, Transaction Media Networks, SysJust, Wellnet, Luzon Credit and Finance, Business Online, PaymenT, Bango and Sino-Ocean Group Holding.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $23M | $4M | 3.7x | - | 21.9x | - | |||
| $121M | $35M | 1.0x | - | 3.6x | - | |||
| $85M | $17M | 0.5x | 0.5x | 2.5x | - | |||
| $32M | $8M | 2.0x | - | 7.5x | - | |||
| $70M | $12M | - | - | - | - | |||
| - | - | - | - | - | - | |||
| $23M | $10M | 5.2x | - | 11.5x | - | |||
| $18M | $10M | 5.9x | - | 10.4x | - | |||
This data is available for Pro users. Sign up to see all Celcoin competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Celcoin
| When was Celcoin founded? | Celcoin was founded in 2015. |
| Where is Celcoin headquartered? | Celcoin is headquartered in Barueri, Brazil. |
| Is Celcoin publicly listed? | No, Celcoin is a private, VC-backed company. |
| What is Celcoin's valuation? | Celcoin was last valued at $99M in its Series A in July 2021. |
| How much funding has Celcoin raised? | Celcoin has raised $156M across 5 funding rounds. |
| What was Celcoin's last funding round? | Celcoin's last funding round was a $125M Series C in June 2024, led by Summit Partners. |
| Who are Celcoin's investors? | Celcoin's investors include Vox Capital, Innova Capital, Innova V FIP, BoostLAB, Sinqia, Summit Partners and Banco BTG Pactual. |
| What is Celcoin's revenue? | Celcoin's latest recorded revenue is $17M (July 2021). |
| What is Celcoin's revenue multiple? | Celcoin's latest valuation implies a 5.8x revenue multiple ($99M valuation on $17M of revenue). |
| Which companies are comparable to Celcoin? | Companies comparable to Celcoin include Aidyia, Alif, BitKan, Cellulant, CSU Digital and Transaction Media Networks. |
| How many companies has Celcoin acquired? | Celcoin has acquired 7 companies, including Celcoin Sociedade de Crédito Direto, Vulkan Labs, Cobransaas, Regulatório Mais and Finansystech. |
| What was the largest acquisition by Celcoin? | The $16M acquisition of Finansystech in February 2023 is the largest acquisition Celcoin has made to date. |
See companies similar to Celcoin
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.