Divibank
Divibank is a Brazilian fintech (Divi Correspondente Bancário Ltda.) that provides SMB e-commerce merchants with payment orchestration (Divibank Pay) and credit intermediation via a Socinal S.A. banking-correspondent relationship, combining MDR-based transaction processing with working capital financing.
- Company typePrivate
- Founded2020
- HeadquartersSão Paulo, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Divibank does
Divibank is a Brazilian fintech operating as Divi Correspondente Bancário Ltda., founded in São Paulo in March 2020. The company historically provided revenue-share financing to Latin American e-commerce and SaaS SMEs, but pivoted in 2024-2025 to position itself as a payment orchestration platform for Brazilian e-commerce merchants through its Divibank Pay product. The platform centralizes credit card, PIX, and boleto processing with intelligent transaction routing across multiple acquirers and sub-acquirers, automatic AI-driven retry of failed transactions, fraud protection, payment link generation, and a centralized reporting dashboard. The company also retains a financing arm (Divibank Financiamento) under a banking-correspondent arrangement with Socinal S.A., offering working capital, inventory, and marketing-campaign financing at CETs ranging from 1.00% to 4.32% per month.
The technology stack includes native integrations with five major Brazilian e-commerce platforms (VTEX, Shopify, Magento, WooCommerce, WBuy), an Open Finance PIX integration via Belvo, and API and webhook interfaces for merchant connectivity. Divibank monetizes through three revenue streams: merchant discount rate (MDR) on processed transactions, anticipation fees on card receivables, and correspondent banking fees from Socinal S.A. for credit intermediation. Distribution is hybrid: a self-serve PLG motion for SMB payment processing paired with a sales-assisted onboarding motion for financing products.
The business has raised an estimated ~$27.7M across six disclosed rounds from 2020 to 2025, with Better Tomorrow Ventures leading or co-leading the majority. Post-pivot, the company has reported 13x revenue growth and 11x TPV growth in 2025. Customer base comprises roughly 16 disclosed SMB e-commerce logos. Headcount is in the 11-50 range, and the legal entity explicitly disclaims being a bank, payment institution, or acquirer — positioning Divibank as an orchestrator and correspondent rather than a regulated financial institution.
Divibank firmographics
Firmographics- Name
- Divibank
- Legal name
- Divi Correspondente Bancário Ltda.
- Website
- https://divibank.co
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Divibank is a Brazilian fintech (Divi Correspondente Bancário Ltda.) that provides SMB e-commerce merchants with payment orchestration (Divibank Pay) and credit intermediation via a Socinal S.A. banking-correspondent relationship, combining MDR-based transaction processing with working capital financing.
- Ownership category
- akta.pro rank
Divibank industry classification
Industry- Product category
- Payment Processing / Payment Orchestration
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Nondepository Credit Intermediation (5222)
- SIC
- Finance Services (6199), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industries
- Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management) (FSAMABAF), Corporate Treasury & Supplier Payments (AP, Mass Payments) (FSAMAKAL), Balance Transfer & Credit Card Refinance Loans (FSAKAIAA)
Keywords
Where Divibank is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
Divibank business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel
Revenue model
- Merchant Discount Rate (MDR): Divibank charges merchants a transaction fee (MDR) for processing electronic payments through its orchestration platform. The fee is calculated as a percentage of each transaction processed via credit, debit, or prepaid cards.
- Receivables Anticipation: Divibank provides early access to card receivables for merchants, charging an anticipation fee calculated as a percentage or fixed value over the anticipated amount, based on the anticipation period and agreed conditions.
- Banking Correspondent Services: As a banking correspondent for Socinal S.A., Divibank facilitates access to credit products including working capital financing, marketing campaign financing, and inventory financing for SMEs, earning correspondent fees from the financial institution.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Merchant Payment Processing (MDR) |
| Transaction based/ take rate | Pay-as-you-go | Receivables Anticipation |
| Outcome Based/ Performance | Multi-year contract | Credit Operations (via Socinal) |
| Other | Monthly | Divibank Pay Platform Access |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Divibank product offering
Product offeringCore offering
Divibank operates a payment orchestration platform (Divibank Pay) for Brazilian e-commerce merchants, centralizing credit card, PIX, and boleto processing through multiple acquirers/sub-acquirers with AI-powered transaction retry and fraud protection. It also offers Divibank Financiamento, a banking correspondent credit platform providing receivables anticipation, working capital, inventory financing, and revenue-share financing to SMEs. The company is a payment orchestrator and intermediary, not a bank or direct acquirer.
Product overview
Divibank operates as a dual-platform fintech company offering two core products: Divibank Pay (payment orchestration platform) and Divibank Financiamento (financing platform). Divibank Pay enables e-commerce businesses to centralize payment processing through multiple channels including credit card, PIX, and boleto, with AI-powered features for automatic transaction retries and fraud protection. Divibank Financiamento provides revenue-share and working capital financing for Latin American businesses. The company pivoted in 2025 to focus primarily on digital payment solutions for e-commerce companies.
Differentiator
Problem solved
Functional benefit
Brands
- Divibank Pay: Payment orchestration platform offering integrated payment processing, checkout solutions, payment links, and PIX for e-commerce businesses.
- Divibank Financiamento
Products and services
- Divibank Pay Payment orchestration platform for Brazilian e-commerce merchants that centralizes credit card, PIX, and boleto processing across multiple acquirers and sub-acquirers, optimizes approval rates through intelligent routing, and recovers failed transactions via AI-powered automatic retries. Includes fraud protection, business reporting dashboards, payment links, checkout, PIX Inteligente, and credit card receivables advancement.
- Link de Pagamento (Payment Link) Standalone payment link product that lets merchants generate shareable payment links in under 7 seconds and distribute them via WhatsApp or email, accepting credit card, PIX, and boleto without requiring a dedicated website.
- Checkout Divibank Pay Optimized online checkout solution supporting credit card, PIX, boleto, and Smart PIX (PIX Inteligente) with API-based integrations into VTEX, Shopify, WBuy, and WooCommerce, designed to reduce cart abandonment and improve conversion.
- Divibank Financiamento Financing platform offered through Divibank's banking correspondent relationship with Socinal S.A., providing SMEs with working capital loans, inventory financing, marketing campaign financing, and recurring revenue-based financing. Credit operations carry CET from 1.00% per month (12.68% annual) to 4.32% per month (66.09% annual), with 3-24 month payment terms.
Quantifiable outcome
- 13x revenue growth in 2025 after pivot to digital payments
- +3 more outcomes
Companies that use Divibank
Customer profileNamed customers16 records
Segments6 records
Ideal customer profiles1 record
Divibank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability3 records
Feature5 records
Divibank partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Socinal S.A. - Crédito, Financiamento e InvestimentocoreFinancial institution for which Divibank acts as banking correspondent, enabling access to credit products including working capital, inventory financing, and marketing campaign financing for SMEs. CNPJ: 03.881.423/0001-56.
- Belvo Tecnologias Ltda. / Belvo Instituição de Pagamento Ltda.coreTechnology partnership enabling PIX payment initiation through Open Finance system. Belvo provides the API infrastructure for Pix via Open Finance integration, allowing Divibank merchants to access instant payment capabilities.
- VTEXcoreE-commerce platform integration partner. Divibank Pay is integrated with VTEX, enabling merchants on this platform to access payment orchestration and processing services.
- ShopifycoreE-commerce platform integration partner. Divibank Pay is integrated with Shopify, enabling merchants to access payment processing services through the Shopify ecosystem.
- MagentocoreE-commerce platform integration partner. Divibank Pay is integrated with Magento, enabling merchants to access payment orchestration services.
- WBuycoreE-commerce platform integration partner. Divibank Pay is integrated with WBuy platform.
- WooCommercecoreE-commerce platform integration partner. Divibank Pay is integrated with WooCommerce (WordPress), enabling merchants to access payment processing services.
- Lend Gestão de Garantias Ltda.minorCredit guarantee management partner. Divibank is authorized to share credit and receivables data with Lend for guarantee management and credit analysis purposes.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Divibank competitors and assessment
Company assessmentDirect peers
- EBANX: LatAm-focused payments company offering payment processing and orchestration for global and regional merchants. Comparable to Divibank in serving e-commerce merchants across Brazil with multi-method payment capabilities.
- Pagar.me: Brazilian payment processor and sub-acquirer offering payment orchestration, gateway, and financing services to e-commerce merchants. Directly competes with Divibank Pay in SMB payment processing and credit-adjacent products.
- Zoop: Brazilian payment orchestration and financial infrastructure platform serving marketplaces and digital businesses. Competes head-to-head with Divibank Pay in multi-acquirer routing and embedded finance for SMBs.
- Dock: Brazilian fintech infrastructure company providing payment processing, issuing, and orchestration APIs. Overlaps with Divibank Pay's orchestration capabilities and serves similar SMB and platform customers.
Broad incumbents
- Stone: One of Brazil's largest acquirers and SMB-focused fintechs, offering payments, banking, and credit to merchants. Competes broadly with Divibank Pay's processing and financing products but at vastly greater scale.
- PagSeguro: Major Brazilian payment processor and digital bank providing acquiring, payment links, and merchant credit. Overlaps with both Divibank Pay (processing) and Divibank Financiamento (SMB credit).
- Mercado Pago: Payment arm of Mercado Libre operating across LatAm with acquiring, payment links, and merchant credit. Broad incumbent competitor across Divibank's payment processing and SMB financing footprint.
Emerging players
- Cora: Brazilian SMB-focused digital bank offering business accounts, payments, and credit to SMEs. Comparable customer segment to Divibank with overlapping SMB financing and payments value proposition.
- Clara: Brazilian/LatAm corporate cards and spend management fintech for SMBs. Comparable in serving SMBs with embedded payments and credit products, though more focused on B2B spend than e-commerce.
- Conta Simples: Brazilian SMB corporate account fintech offering payments, credit, and expense management. Targets the same SME customer base as Divibank with a complementary financial-stack proposition.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Divibank social profiles
Digital presenceDivibank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Divibank leadership team
Management profileNumber of profiles
Profiles3 records
Divibank funding detail
Funding detailFunding overview
Funding rounds5 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Divibank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Divibank
What does Divibank do?
Divibank operates a payment orchestration platform (Divibank Pay) for Brazilian e-commerce merchants, centralizing credit card, PIX, and boleto processing through multiple acquirers/sub-acquirers with AI-powered transaction retry and fraud protection. It also offers Divibank Financiamento, a banking correspondent credit platform providing receivables anticipation, working capital, inventory financing, and revenue-share financing to SMEs. The company is a payment orchestrator and intermediary, not a bank or direct acquirer.
Is Divibank a public or private company?
Divibank is a private company. It is classified as venture growth investor backed and is currently operating.
When was Divibank founded?
Divibank was founded in 2020. It employs 11 to 50 people.
Where is Divibank based?
Divibank is headquartered in São Paulo, Brazil, in the Latin America region.
How does Divibank make money?
Three revenue lines are on record. Merchant Discount Rate (MDR) is the primary driver. The others are receivables Anticipation and banking Correspondent Services.
Who are Divibank's main competitors?
Direct peers on record are EBANX, Pagar.me, Zoop and Dock. Broad incumbents are Stone, PagSeguro and Mercado Pago. Emerging players are Cora, Clara and Conta Simples.
Does Divibank have an API?
Yes. Divibank offers an API for platform integration. The Terms of Use reference API functionality, stating that users can integrate via API for WooCommerce, VTEX, WBuy, and Shopify platforms. The platform also supports webhook-based integration for transaction notifications and uses Open Finance APIs for PIX initiation via Belvo. Integration capabilities include payment processing, transaction routing, and business reporting through API endpoints.
What industry is Divibank in?
Divibank's product category is Payment Processing / Payment Orchestration. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAMABAF, Marketplace / Platform Acquiring (PayFac & Sub-Merchant Management). Its NAICS code is 52232 and its SIC code is 6199.