What Equals does

Equals is a Brazilian fintech company specializing in integrated financial reconciliation, payment management, and tax compliance for enterprise customers. Founded in 2011 and headquartered in São Paulo, the company operates as a subsidiary of StoneCo (STNE PARTICIPACOES S.A.), one of Brazil's largest publicly-traded payment acquirers. Equals processes 481 million transactions per month and reconciles R$34 billion in value across 84,000+ active establishments, positioning itself as the Latin American leader in its category. The platform integrates with 180+ payment methods and 150+ operators, gateways, and financial institutions.

The Equals Platform is a 100% cloud-based, modular ecosystem that connects payments, fiscal compliance, and reconciliation. Core capabilities include multi-acquirer payment integration with Pix, cards, and digital wallets; intelligent fiscal nota issuance with state and municipal compliance; end-to-end financial transaction visibility; cash flow and receivables control; ERP/PDV/gateway integration via open APIs; and automated audit and governance. The platform holds ISAE 3402 certification (the only reconciliation company in its segment with this credential) and offers native IATA integration for airline card sales reconciliation, including HOTs remittances and LCCBs 1089, 1092, and 4123. Raio-X is a transparency add-on module with mobile app for real-time sales and performance monitoring.

Equals serves enterprise customers across retail, e-commerce, services, and airlines — including McDonald's, Magazine Luiza, Nike, Shell, Emirates, United, Air Canada, and Natura. Revenue is generated through subscription-based contracts with quote-based enterprise pricing billed monthly. The company employs 101–250 people across offices in São Paulo and Lavras (Minas Gerais), with multi-language support in Portuguese, English, and Spanish signaling regional expansion intent.

Name

Equals

Legal name

STNE PARTICIPACOES S.A.

Website

https://equals.com.br

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Equals is a Brazilian fintech subsidiary of StoneCo that provides cloud-based financial reconciliation, payment management, and tax-compliance software for large enterprises across retail, e-commerce, services, and airlines in Latin America, processing 481 million transactions and R$34 billion monthly.

Ownership category

akta.pro rank

Product category

Financial Reconciliation & Payment Management Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Payment Reconciliation, Reporting & Settlement Infrastructure (FSAGABAH)

akta.pro secondary industries

POS, SoftPOS & In-Person Acceptance Infrastructure (FSAGABAO), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Payment Reconciliation, ERP/AP Integration & Data Enrichment (Level 2/3, eReceipts) (THACAJAE)

Keywords

• Financial reconciliation software
• Payment management platform
• Tax compliance automation
• Multi-acquirer integration
• Sales reconciliation

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Financial Reconciliation Services: Subscription-based platform providing financial reconciliation, payment automation, tax management, and receivables tracking. Services include multi-acquirer integration, ERP connectivity, and real-time transaction validation.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Equals provides a 100% cloud-based financial management platform that connects payments, fiscal compliance, and reconciliation in a modular, scalable ecosystem. It automates sales reconciliation across multiple acquirers, gateways, and payment methods (Pix, cards, digital wallets), issues fiscal notas in compliance with state and municipal legislation, and offers native IATA integration for airlines. The platform targets large retailers, e-commerce operators, marketplaces, omnichannel operations, service companies, and airlines across Latin America, with a complementary Raio-X mobile transparency solution for real-time sales and business performance monitoring.

Product overview

Equals offers a unified financial management platform with integrated modules for payment reconciliation, intelligent tax management, receivables automation, and financial auditing. The core Equals platform connects payments, fiscal compliance, and reconciliation in a modular cloud ecosystem. Raio-X serves as a transparency add-on module for real-time sales and business performance monitoring. The platform targets major retailers, marketplaces, e-commerce operators, service companies, and airlines across Latin America, processing over 481 million transactions monthly across 84,000 active establishments.

Differentiator

Problem solved

Functional benefit

Brands

• Raio-X: Raio-X is an intelligent transparency solution that allows users to monitor sales, receipts, and business performance.

Products and services

• Equals Platform A 100% cloud-based financial management platform that connects payments, tax compliance, and reconciliation in a modular, scalable, and secure ecosystem. Targets large retailers, marketplaces, e-commerce operators, omnichannel operations, service companies, and airlines across Latin America, offering multi-acquirer payment integration (Pix, cards, digital wallets), intelligent fiscal nota issuance and tax compliance, complete financial reconciliation across all sales transactions, rates, and transfers, cash flow and receivables control, ERP/PDV/gateway integration via open APIs, and automated audit and governance with customizable reports. Holds ISAE 3402/SSAE 16 certification.
• Raio-X A transparency intelligence solution that enables users to monitor sales, receipts, and business performance in real-time through a mobile app interface. Functions as a complementary add-on to the Equals Platform, giving customers real-time visibility into their financial operations.

Quantifiable outcome

• 481 million transactions processed per month
• +4 more outcomes

Named customers34 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature8 records

Partnerships

One partnership is on record.

• StoneCo (Part of Stone Group)coreStrategic or Co-development PartnerEquals is part of the StoneCo group (STNE PARTICIPACOES S.A.) and operates within the broader Stone ecosystem. The privacy policy explicitly references affiliated companies within the StoneCo group. Equals and StoneCo share strategic alignment in the Brazilian payments and financial management ecosystem.

Scale indicators6 records

Recent moves6 records

Expansion highlights12 records

Direct peers

• Spreedly: Spreedly is a payment orchestration platform that enables merchants to connect to multiple payment gateways and services through a single API. Its multi-gateway orchestration and routing capabilities are directly comparable to Equals' multi-acquirer reconciliation architecture.
• Dock: Dock is a Brazilian payments technology company providing payment processing, issuing, and financial infrastructure for banks and fintechs in Latin America. It is comparable to Equals as a competing payment orchestration and fintech infrastructure provider serving similar enterprise and acquirer clients.
• Pismo: Pismo (acquired by Visa) is a cloud-based payment processing and orchestration platform for banks, fintechs, and issuers. It overlaps with Equals on payment orchestration infrastructure and multi-channel transaction processing for enterprise customers.
• Cobre: Cobre is a Colombian fintech specializing in B2B payment and financial reconciliation platforms for enterprises in Latin America. It directly competes with Equals in multi-acquirer payment orchestration and reconciliation across the region.
• Concil: Concil is a Brazilian financial reconciliation software provider for retail, e-commerce, and service companies. It is a direct domestic competitor to Equals in the same reconciliation and financial management segment.

Broad incumbents

• PagSeguro: PagSeguro (PagBank) is a major Brazilian acquirer and digital banking platform offering payment processing and merchant financial tools. It is a broad incumbent whose vertically integrated payment and financial management offering competes with Equals' enterprise reconciliation platform.
• Marqeta: Marqeta is a global modern card issuing and payment processing platform serving fintechs and large enterprises. It is a broader payment-orchestration incumbent whose platform capabilities intersect with Equals' enterprise payment and reconciliation offering.
• Cielo: Cielo is one of Brazil's largest payment acquirers offering merchant services, payment processing, and increasingly value-added financial management tools. It is a broad incumbent that competes with Equals when merchants consolidate reconciliation with their acquirer.
• Adyen: Adyen is a global payment platform offering unified acquiring, processing, and reconciliation for large enterprises. It is a broad incumbent competitor in enterprise payment management with overlapping functionality to Equals for large Latin American merchants.

Emerging players

• Vindi: Vindi is a Brazilian recurring billing and payment management platform for SaaS and subscription businesses. It is comparable to Equals in financial automation and payment management for enterprise customers, though its focus is more on billing than full reconciliation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/equals-gestao-financeira-inteligente

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Equals