Concil

About Concil

Founded in 1993, Concil operates in the Brazilian financial technology sector, providing solutions that aim to simplify financial management for businesses. The company was a pioneer in creating a card reconciliation solution in the country. Leonardo Campelo has served as CEO since 2008, when the company was still operating under the name Ainstec, and he guided the development of its card reconciliation product. Over its history, the firm has secured multiple investment rounds, including a R$15 million round in 2018 led by Prosegur Tech Ventures, with participation from prior investors DGF Investimentos and SP Ventures.

Concil's core business revolves around its Software-as-a-Service (SaaS) platform, which automates financial reconciliation processes for companies of various sizes. Its flagship product, Concil Card, is a platform designed to centralize and streamline the reconciliation of sales made through credit and debit cards. Key features of the service include the consolidation of sales data from multiple sources, verification of payments and fees charged by card acquirers, and identification of discrepancies. The system operates independently of any specific card operator, offering users transparency and flexibility. The platform provides clients with a clear view of their receivables, highlighting what has been paid or discounted by acquirers and tracking payments that were missed or processed with incorrect amounts.

The company serves a client base of over 20,000 businesses across different segments and processes a significant volume of transactions, with over 90 million sales processed monthly, amounting to more than R$9 billion in financial volume. Revenue is generated through subscription plans for its reconciliation platform. In addition to its core card reconciliation service, Concil has expanded its offerings to include Concil Banking and the Concil Academy, which provide further financial management tools and educational resources.