WBA Software

What WBA Software does

WBA Software is a privately held Brazilian software company, founded approximately 1989–1994, headquartered in São Paulo, that develops and licenses a specialized ERP financial management system for Brazil's commercial financing sector. The company's core offering is WBA ERP Financeiro, a modular web-based platform built specifically for FIDCs (Fundos de Investimento em Direitos Creditórios), Securitizadoras (securitization companies), and Factorings (commercial factoring companies). The ERP comprises modules covering registration (Cadastro), operations and borderô (Operacional), credit analysis, NF-e control (Checagem), collections (Cobrança), financial control (Financeiro), accounting (Contabilidade with Folhamatic integration), debentures, and management, commercial, and customer panels (Painel Gerencial, Painel Comercial, Painel do Cliente). The platform integrates natively with 35+ Brazilian banks for title send, protest, and settlement, with Serasa, Boa Vista, and Vadu for credit-bureau checks, with Folhamatic for accounting, and with partner DTVMs for issuing structured securities such as Nota Comercial under Law 14.195/2021.

The company also operates iCarta, a proprietary tracked-email platform using ICP-Brasil digital certificates, cryptographic hashes, and the Brazilian legal timestamp ("Hora Legal Brasileira") to provide legally admissible evidence of email transmission, delivery, receipt, and opening. WBA generates revenue through recurring subscription licensing of its modular ERP and the iCarta platform, supplemented by professional services for implementation and customization; no public pricing is disclosed. Go-to-market is a consultative enterprise direct-sales model executed via WhatsApp, phone, and contact forms, augmented by content marketing (blog, social media, newsletter) and active sponsorship of and participation in industry events (ANFIDC National Meeting, SINFAC SP and SINFAC SC regional meetings, factoring symposiums). WBA remains privately held with no disclosed institutional funding, no parent company, no M&A activity, and no public revenue figures; the company is LGPD-compliant and ICP-Brasil-aligned.

Name

WBA Software

Legal name

WBA SOFTWARE

Website

https://wba.com.br

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Short description

WBA Software develops modular ERP financial software and the iCarta tracked-email platform for Brazilian FIDCs, Securitizadoras, and Factorings. Its 30+ year specialized platform integrates 35+ banks, credit bureaus, and DTVMs for receivables management and legally valid electronic communications.

Ownership category

akta.pro rank

Product category

Financial ERP Software

NAICS

Software Publishers (513210), Custom Computer Programming Services (541511)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industries

ERP Extensions & Add-ons (CPQ, Billing, Revenue Management) (HDAEAEAO), ERP Implementation & Systems Integration Services (BPAEAGAA)

Keywords

• Financial ERP software
• Receivables management
• Commercial factoring software
• Legal email tracking
• FIDC management system

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ERP Software Licenses and Subscriptions: WBA generates revenue through licensing of its modular ERP financial management system to FIDCs, Securitizadoras, and Factorings. The system is offered with modules that can be selected based on client needs, suggesting a modular pricing approach.
2. iCarta Platform Subscription: The iCarta tracked email service with legal validity is offered as a separate product, likely on a usage or subscription basis for companies requiring legally admissible electronic communications.
3. Professional Services and Implementation: Implementation, customization, and consulting services for ERP deployment in financial institutions, given the complexity of financial sector compliance requirements.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

WBA Software develops and licenses a web-based financial ERP system that automates receivables management for FIDCs (Fundo de Investimento em Direitos Creditórios), Securitizadoras, and Factoring companies in Brazil's commercial financing sector. Its modular ERP integrates credit bureau checks, multi-bank title processing, accounting, debentures, and commercial note issuance. It also offers iCarta, a tracked email platform with legal validity backed by ICP-Brasil digital certificates.

Product overview

WBA Software offers a unified ERP financial system with a modular architecture. The core product is the WBA ERP Financeiro, which integrates solutions for FIDCs (Fundo de Investimento em Direitos Creditórios), Securitizadoras, and Factorings. Supporting modules include Cadastro, Operacional (Borderô), Crédito, Checagem, Cobrança, Financeiro, Contabilidade, Debêntures, Painel Gerencial, Painel Comercial, and Painel do Cliente. The product portfolio also includes iCarta for tracked emails with legal validity and Nota Comercial for commercial note issuance.

Differentiator

Problem solved

Functional benefit

Brands

• iCarta: Trackable email platform with legal validity for document delivery, providing timestamp, legal validity, API integration, and forensic capabilities.

Products and services

• WBA ERP Financeiro Comprehensive web-based financial ERP system that automates and simplifies receivables management, offering modules for Cadastro, Operacional/Borderô, Crédito, Checagem, Cobrança, Financeiro, Contabilidade, Debêntures, Painel Gerencial, Painel Comercial, and Painel do Cliente. Built for FIDCs, Securitizadoras, and Factorings operating in Brazil's commercial financing sector.
• WBA FIDCs Complete integration solution for FIDC operations, facilitating migration from local systems to a 100% web platform with multi-portfolio analysis, customized reports, and regulatory reporting capabilities for credit rights investment funds.
• WBA Securitizadoras Modular solution specialized for receivables securitization, providing secure and efficient financial management with high performance for securitization companies, including debenture management and DTVM integration.
• WBA Factoring Integrated factoring solution that optimizes receivables management and drives results with security and efficiency, providing credit analysis, borderô management, collection automation, and NF-e control for commercial factoring companies.
• iCarta 100% web-based tracked email platform with legal validity, using cryptographic hash technology, ICP-Brasil digital certificates, and official Brazilian time stamps to provide legally admissible evidence of email transmission, delivery, receipt, and opening. API-enabled for integration with CRM, legal software, and ERP financial systems.
• Nota Comercial Module Module for structuring and issuing Nota Comercial (commercial note) fixed-income securities regulated by Law 14.195/2021, integrated with partner DTVMs for document signing, registration, and settlement of commercial paper.

Quantifiable outcome

• Automated processes replace manual tasks, reducing operational failures and processing time
• +1 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature4 records

Partnerships

Six partnerships are on record, tiered minor and core.

• SINFAC SC (Sindicato das Factoring do Estado de Santa Catarina)minorOthers · 16 August 2024WBA sponsored and participated in the 2nd Commercial Fostering Symposium of Santa Catarina in the gold sponsorship category, organized by SINFAC SC.
• KanastracoreStrategic or Co-development PartnerWBA partners with Kanastra to host exclusive webinars for clients on Nota Comercial issuance and market applications. Kanastra provides platform expertise for structured securities while WBA provides the ERP system for operational execution. This is a co-development and go-to-market partnership for the Nota Comercial module.
• DTVMs (Distribuidoras de Títulos e Valores Mobiliários)coreTechnology or IntegrationWBA integrates its ERP system with partner DTVMs for Nota Comercial issuance, registration, and settlement. DTVMs receive documentation, perform verification, make documents available on signing portals, and handle securities registration including forwarding to central depositories when applicable.
• ANFIDC (Associação Nacional das Fidcs)minorOthersWBA participated in the 7th ANFIDC National Meeting as an active participant, reaffirming their commitment to innovation in the commercial fostering sector.
• SINFAC SP (Sindicato das Factoring do Estado de São Paulo)minorOthersWBA sponsored and participated in the 12th Regional Commercial Fostering Meeting in Campinas, São Paulo, organized by SINFAC SP.
• Starthub.tecminorChannel Partner/ Reseller/ DistributorConsultant Commercial João Jr. de Morais from Starthub.tec was listed as representing WBA at the ANFIDC National Meeting, suggesting a channel partnership for commercial representation.

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TOTVS: Largest Brazilian ERP vendor, offering financial management and FIDC/credit-fund modules. Direct competitor to WBA for ERP seats inside Brazilian financial institutions, with broader product breadth but less vertical specialization.
• Senior Sistemas: Brazilian ERP vendor with financial, accounting, and management modules serving mid-market and enterprise customers. Competes with WBA for ERP deals in financial services and adjacent verticals in Brazil.
• Omie: Cloud-based Brazilian financial and operational management platform used by SMBs and financial businesses. Competes with WBA on financial workflow automation, billing, and accounting, though with less depth in FIDCs/securitization.
• Conta Azul: Brazilian SaaS for financial management, billing, and receivables control aimed at SMBs and service businesses. Overlaps with WBA's receivables and financial panel modules at the lower end of the market.
• Ahgora: Brazilian management and HR/financial software vendor for SMB and mid-market. Competes with WBA on Brazilian enterprise software deals, with overlapping financial and operational modules.

Emerging players

• Kanastra: Brazilian structured-credit platform for Nota Comercial and securitization operations; co-marketing partner of WBA. Relevant as both an ecosystem ally and a potential competitor in the Nota Comercial issuance flow.

Broad incumbents

• SAP Brazil: Global ERP incumbent with significant presence among large Brazilian financial institutions. Competes broadly for core ERP budgets; less specialized in FIDC/factoring workflows than WBA.
• Oracle Brasil: Global ERP and database vendor serving large financial institutions in Brazil. Overlaps with WBA at the high end of the ERP market but is not specialized in receivables/factoring.
• Microsoft Dynamics 365: Global ERP/CRM suite with a growing footprint in Brazilian financial services. Competes for ERP wallet share but lacks WBA's deep FIDC/securitization module library.

Regional players

• Linx: Brazilian software provider for retail and financial services, now part of the Stone Co. ecosystem. Comparable as a regional ERP/fintech software peer with overlapping Brazilian financial-services customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@wbasoftware
• Facebookfacebook.com/wbasoftware
• LinkedInlinkedin.com/company/wbasoftware
• Instagraminstagram.com/wbaoficial
• Xx.com/wbasoftware

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about WBA Software