Cora
Cora is a Brazilian licensed digital bank serving 1.7M+ small businesses and MEIs with free digital accounts, Pix, boleto billing, payment links, and SME credit products. It monetizes via Cora Pro subscriptions, transaction fees, and interest on working-capital loans, distributed through a network of 11,000+ accounting partners.
- Company typePrivate
- Founded2019
- HeadquartersSão Paulo, Brazil
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Cora does
Cora is a Brazilian digital bank headquartered in São Paulo, founded in 2019 to serve small and medium enterprises (PMEs) and individual micro-entrepreneurs (MEIs). Operating as Cora Sociedade de Crédito, Financiamento e Investimento S.A., it is a licensed financial institution offering a 100% digital business account with onboarding completed in minutes via iOS/Android apps, CoraWeb, and an open API for ERP and accounting integrations. The product stack is anchored on a free Conta PJ digital account — free account maintenance, free unlimited Pix, free TED, free boleto issuance — with monetization layered through a R$44.90/month Cora Pro subscription, transaction fees on payment links and excess boletos, interest income from working-capital loans (Capital de Giro) and receivable advances (Antecipação de Boletos), and ancillary fees such as R$9.90 ATM withdrawals. The platform also delivers specialized SME tooling including NFS-e service-invoice generation integrated with billing, DDA bill aggregation, cash-flow dashboards, and tax payment (GPS, DARF, ISS).
Distribution is built on a partner-led model: the Coraliados program covers 11,000+ accounting firms and financial BPOs who refer and onboard SME clients for commissions, supplemented by integrations with the five major Brazilian card acquirers (Getnet, PagBank, Rede, Stone, Cielo) for banking domicile. The company serves a horizontal SME base — 1.7M+ businesses transacting R$190 billion cumulatively through June 2025 — across sectors including nonprofits, education, professional services, and a long tail of independent MEIs. Cora employs approximately 350 people and has raised $152.7M across Seed, Series A, and Series B rounds from Kaszek, Ribbit, QED, Greenoaks (Series B lead), Tiger Global, and Tencent.
Cora firmographics
Firmographics- Name
- Cora
- Legal name
- Cora Sociedade de Crédito, Financiamento e Investimento S.A.
- Website
- https://cora.com.br
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Cora is a Brazilian licensed digital bank serving 1.7M+ small businesses and MEIs with free digital accounts, Pix, boleto billing, payment links, and SME credit products. It monetizes via Cora Pro subscriptions, transaction fees, and interest on working-capital loans, distributed through a network of 11,000+ accounting partners.
- Ownership category
- akta.pro rank
Where Cora is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Cora business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Cora Pro Subscription: Monthly subscription at R$44.90 for premium features including custom dashboards, automated SMS collections, API access, and discounted NFS-e issuance
- Boleto Fees: Free up to 100 compensated boletos monthly for non-MEI businesses (10 for MEI), then R$1.90 per boleto
- Link de Pagamento: Transaction fees on credit card payments via payment links: 3.49% for vista, 3.90% for 2-6x installments, 3.99% for 7-12x installments
- Credit Products Interest: Interest income from capital de giro (working capital loans) and antecipação de boletos (advance against receivables)
- Card ATM Withdrawals: R$9.90 fee per cash withdrawal at Banco24Horas network ATMs
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free Conta PJ - Basic digital business account |
| Subscription | Monthly | Cora Pro - Premium subscription for advanced features |
| Transaction based/ take rate | Pay-as-you-go | Link de Pagamento - Credit card payment links |
| Outcome Based/ Performance | Monthly | Capital de Giro - Working capital loans |
| Unit Pricing | Pay-as-you-go | ATM Cash Withdrawal |
| Unit Pricing | Pay-as-you-go | Boleto Compensation Fees |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Cora product offering
Product offeringCore offering
Cora provides a free digital business bank account (Conta PJ) for Brazilian SMEs and individual micro-entrepreneurs (MEIs), bundled with Pix transfers, boleto issuance, cash flow management, NFS-e invoicing, payment links, and credit products (working capital and receivables advance). The Cora Pro subscription adds automation, dashboards, and API access. The platform is delivered through iOS/Android apps, CoraWeb, and partner-driven distribution via 11,000+ accounting firms.
Product overview
Cora is a Brazilian digital business bank offering a unified platform for SME financial management. The core offering centers on a free Conta PJ digital account with integrated services including Pix transfers, boleto issuance, cash flow management, and invoice handling. Credit products include Capital de Giro (working capital loans) and Antecipação de Boletos (invoice advances). The premium Cora Pro tier (R$44.90/month) adds SMS/WhatsApp collection notifications, personalized invoices, financial dashboards, and API access. The platform also includes specialized features like DDA for bill management, Nota Fiscal integration, Link de Pagamento for card sales, and tax payment services. A partnership program (Coraliados) serves accounting firms, while the Central de Benefícios aggregates SME partner discounts.
Differentiator
Problem solved
Functional benefit
Brands
- Cora Pro: Premium paid plan offering advanced features including automated collection notifications, personalized invoices with company logo, NFSe discounts, cash flow dashboard, and direct API integration.
- Capital de Giro Cora
- Cora Conta PJ
Products and services
- Conta PJ Cora Free digital business account (Conta PJ) with no maintenance fees, offering Pix transfers, boleto issuance, cash flow management, and integrated accounting features for Brazilian SMEs and MEIs.
- Cartão PJ Cora International Visa business credit and debit card with no annual fee, supporting multiple virtual cards for business expense management and cost center control.
- Pix PJ Free and unlimited Pix payment and transfer service for business accounts, including Pix Cobrança for QR code-based billing with configurable interest, fines, and discounts.
- Gestão de Boletos Free registered boleto issuance with QR code Pix integration, supporting installment, recurring, and one-time payments with automatic collection reminders via SMS and WhatsApp.
- Gestão de Cobranças Centralized billing management platform combining boleto, Pix, and payment link collection with real-time tracking of paid, pending, and overdue receivables.
- Link de Pagamento Online payment link service allowing credit card collection without a point-of-sale terminal, supporting installment payments up to 12 times on Mastercard, Visa, and Elo.
- Nota Fiscal de Serviços (NFS-e) Electronic service invoice integration that automatically generates NFS-e when issuing boletos, with PDF delivery to client emails and automated sending upon payment compensation.
- Gestão de Fluxo de Caixa Real-time cash flow tracking with automated graphs showing weekly, monthly, and annual historical data, categorized income/expense reports, and future transaction projections.
- DDA (Débito Direto Autorizado) Authorized Direct Debit service displaying all registered boletos issued against the CNPJ in one place, enabling centralized bill management with fraud reduction and real-time notifications.
- Capital de Giro Working capital loan product for SMEs with 100% digital application, no hidden fees, 30-day grace period before first payment, and installment options up to 24 months.
- Antecipação de Boletos Invoice advance service allowing businesses to receive pending boleto payments immediately, with automatic loan repayment deducted from compensated invoices starting the third day after contracting.
- Pagamento de Impostos Tax payment service covering federal, state, and municipal taxes including GPS, DARF, and ISS, with barcode-free payment options and automatic receipt delivery.
- Domicílio Bancário Banking domicile service allowing card machine sales from Getnet, PagBank, Rede, Stone, and Cielo to be received directly in the Cora account.
- Cora Pro Premium subscription plan at R$44.90/month offering automated collection notifications via SMS/WhatsApp, personalized boleto with company logo, invoice discounts, cash flow dashboard, and API integration access.
- Gerador de Contratos com IA Free AI-powered contract generator tool allowing entrepreneurs to create business contracts using artificial intelligence.
Quantifiable outcome
- Customers saved over R$2 billion through free Pix transfers
- +2 more outcomes
Companies that use Cora
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Cora technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature10 records
Cora partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
Cora competitors and assessment
Company assessmentBroad incumbents
- Mercado Pago: Latin American fintech super-app providing digital accounts, payments, and credit with strong SME penetration through Mercado Livre sellers, serving an adjacent customer profile to Cora's Brazilian SMB base.
- C6 Bank: Brazilian neobank serving both consumers and PJ accounts, offering digital business banking, credit, and Pix products comparable to Cora's SME positioning.
- Nubank (Nubank PJ): Brazilian neobank extending into PJ/business accounts, with brand recognition and capital base that allow it to set aggressive competitive benchmarks for SME-focused players like Cora.
Direct peers
- Inter & Co (Inter Empresas): Brazilian digital super-app with a dedicated business banking unit (Inter Empresas) offering PJ accounts, Pix, boletos, and credit lines to SMEs, competing for the same primary segment as Cora.
- PagBank / PagSeguro: Brazilian payments-originated fintech offering PagBank business accounts, Pix, payment links, and working capital, with strong overlap in the SMB acquiring and banking domicile use case Cora addresses via its Getnet/PagBank integrations.
- BS2 Bank: Brazilian B2B digital bank providing digital accounts, payment services, and credit solutions for SMEs and businesses, overlapping directly with Cora's core account, Pix, boleto, and working capital product stack.
- Conta Simples: Brazilian corporate fintech offering digital accounts, payment services, expense management, and credit for SMEs, competing head-on with Cora on the SME digital banking proposition.
- Stone Co: Brazilian SMB-focused payments and banking platform that combines acquiring (Stone POS) with digital accounts, credit, and Pix for merchants, mirroring the integrations Cora builds on domicílio bancário with Stone.
Emerging players
- Brex: US-based corporate card and banking platform targeting SMBs and startups with bundled accounts, payments, and credit products, providing an international comparable for Cora's full-stack SME banking model.
- Tide: UK-based SMB digital bank providing multi-product accounts, invoicing, and credit for small businesses, sharing the SME-focused digital banking playbook with Cora across a different geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights6 records
Customer concentration
Cora social profiles
Digital presenceCora financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cora leadership team
Management profileNumber of profiles
Profiles3 records
Cora funding detail
Funding detailFunding overview
Funding rounds7 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cora 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 Cora
What does Cora do?
Cora provides a free digital business bank account (Conta PJ) for Brazilian SMEs and individual micro-entrepreneurs (MEIs), bundled with Pix transfers, boleto issuance, cash flow management, NFS-e invoicing, payment links, and credit products (working capital and receivables advance). The Cora Pro subscription adds automation, dashboards, and API access. The platform is delivered through iOS/Android apps, CoraWeb, and partner-driven distribution via 11,000+ accounting firms.
Is Cora a public or private company?
Cora is a private company. It is classified as venture growth investor backed and is currently operating.
When was Cora founded?
Cora was founded in 2019. It employs 101 to 250 people.
Where is Cora based?
Cora is headquartered in São Paulo, Brazil, in the Latin America region.
How does Cora make money?
Five revenue lines are on record. Cora Pro Subscription is the primary driver. The others are boleto Fees, link de Pagamento, credit Products Interest and card ATM Withdrawals.
Who are Cora's main competitors?
Broad incumbents on record are Mercado Pago, C6 Bank and Nubank (Nubank PJ). Direct peers are Inter & Co (Inter Empresas), PagBank / PagSeguro, BS2 Bank, Conta Simples and Stone Co. Emerging players are Brex and Tide.
Does Cora have an API?
Yes. Cora offers a public API for direct integration, enabling developers to connect their platforms to Cora's system to perform financial transactions in batch and automate financial movements. The API is accessible through the Cora Pro plan and is designed for ERP and accounting system integrations with partners in the partnership program. Pricing for API integration is based on transaction volume. Developer documentation is at www.cora.com.br/integracoes.