Sustainability Summary

This is an unclaimed profile. Celcoin has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

Celcoin Sustainability Profile

Sustainability Summary

This is an unclaimed profile. Celcoin has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.

What do our labels mean?

Celcoin is a Brazilian financial technology company founded in 2016 that provides banking, credit and payments infrastructure for banks, fintechs and enterprise companies. Its sustainability-related position is centred on financial inclusion and social impact through products that expand access to financial services for Brazilian consumers. Celcoin says it is a B Corp certified company and that it builds products with a significant social impact by expanding financial access for all Brazilian consumers. The company also states that its governance standards were built into the business from the beginning, and that certification helped institutionalise governance, transparency, accountability and internal practices related to people and the value chain.

About Celcoin

Status
Unverified

Website
Visit Website

Employees
100 - 500

Country
Brazil

Celcoin Sustainability Actions

B Corp certification and recertification

Celcoin was certified as a B Corp for the first time in April 2022, and was recertified last year. The company said it took one year to obtain its first seal and had to prove consistency between discourse and practice.

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Expanded financial access

Celcoin is a B Corp certified company with a distinct focus on building products that make a significant social impact by expanding financial access for all Brazilian consumers.

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Open Banking solutions

Celcoin has become the leading provider of Open Banking solutions for licensed institutions.

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Pix transaction processing

Celcoin processes over 200 million Pix transactions monthly, underscoring the robustness and reliability of their platform.

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Strategic acquisitions

Celcoin has successfully completed four strategic acquisitions since 2022: Galax Pay, specializing in billing and sub-acquiring solutions; Flow Finance, which provides credit infrastructure; Finansystech, a leading Open Finance startup; and most recently, Reg+, a regtech solution dedicated to supporting regulatory compliance.

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Celcoin Sustainability Commitments

2024

Accelerate technology investment

With this funding, Celcoin said it plans to accelerate its investments in technology and innovation as well as evaluate both organic and M&A-driven growth opportunities.

2024