C
Cora
A digital product capable of facilitating, automating, and simplifying all financial transactions of small companies
About Cora
Cora is a Brazilian fintech startup that offers a free digital business account (Conta Digital PJ) designed to understand and support the needs of businesses. The company operates in the financial services market, specifically targeting small and medium-sized enterprises (SMEs). Cora's business model is centered around providing a hassle-free, human, and cost-effective banking solution.
The company's services include a digital business account, a debit and credit card with no annual fee, and free PIX and TED transfers. Cora also offers a simple and efficient way to manage invoices and payments. Businesses can issue as many invoices as they want for free using the app or desktop, with a small fee of R$1.90 applied from the 100th compensated charge.
Cora's platform is designed to be user-friendly, with the registration process taking as little as seven minutes. The company also offers a choice between a virtual assistant, BOTo, and a real human for customer service.
Cora makes money by charging a minimal fee for certain services, such as issuing invoices beyond a certain limit. The company also offers API integrations for businesses with more robust operations, which could potentially be another revenue stream.
Cora is regulated by the Central Bank of Brazil (BACEN), ensuring the safety and reliability of its digital banking services.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- São Paulo, Brazil
- Employees
- 623
- Open positions
- 5
- Dealroom signal
- 91.1/100
- Industry
- Fintech
- Sub-industry
- Banking, Financial Management Solutions
- Sector
- Fintech, Freelancers, SME, Challenger Bank, financial inclusion
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Open roles
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Aug 2021 | $116M | $464M | Tiger Global · Tencent · KaszeK Ventures · Greenoaks Capital Partners | ↗ |
| SEEDOther financing | Jun 2021 | $1.7M | $7M | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Cora is 1.1M monthly website visits, down 15.4% over the last three months. Cora's team grew 4.2% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Series A4 investors entered at this stage
Other known investors1 additional known investor
Google for Startups Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Cora on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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