PayBrokers
PayBrokers is a Brazil-based, Central Bank-authorized Payment Institution that provides PIX-based payment processing, KYC/AML compliance, anti-fraud, and digital banking services to iGaming operators, state lottery operators, and international companies entering the Brazilian regulated market.
- Company typePrivate
- Founded2021
- HeadquartersCuritiba, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What PayBrokers does
PayBrokers is a Brazilian financial-services group headquartered in Curitiba that operates a Central Bank-authorized Payment Institution (IP) directly connected to the PIX instant-payment rail, serving iGaming operators, state lottery operators (including Lottopar in Paraná), and international companies entering the Brazilian market. The company's core technology stack combines a PIX-based payment-processing platform handling approximately 100 million transactions per month, a KYC/AML compliance layer with facial-recognition identity verification and behavioral anomaly detection, and a fast-checkout product called FastPix that the company claims reduces payment completion time by roughly 80% and clicks by 70%. The product surface includes the PayBrokers IP for core payment facilitation, PayBrokers Bank (a digital bank launched in April 2024 offering deposits, withdrawals, transfers, and bill payments), the PagFast business acquired in February 2024 (heat-map operator accounting and open-finance tools), and a cross-border payment-facilitation service for crypto and fiat settlement.
The business model is transaction-based: PayBrokers earns fees on deposits and withdrawals processed through its API and rails, supplemented by professional-services revenue from KYC/AML compliance offerings and managed-services revenue from the digital banking product. Go-to-market combines enterprise field sales (led by Head of Sales Leonardo Brodsky) to operators, an API-first self-serve channel documented at dev.paybrokers.com with 400+ international merchants onboarded, and a heavy event-driven motion across 15+ global conferences per year (ICE London, G2E, SiGMA Americas/Europe/Africa, Money 20/20, SBC Summit Rio, CIBELAE). Brand visibility is reinforced through sponsorships of Brazilian football (Série A/B, Copa do Brasil, state championships, 2026 World Cup qualifiers), Stock Car motorsport, and cultural events (Coolritiba), plus a Nasdaq Times Square billboard. Compliance posture includes BCB IP authorization, LGPD-aligned privacy policies, PLDFT AML policy, ISO-aligned cybersecurity policy, and an anti-corruption program; revenue is not publicly disclosed.
PayBrokers firmographics
Firmographics- Name
- PayBrokers
- Legal name
- PayBrokers
- Website
- https://paybrokers.com.br
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PayBrokers is a Brazil-based, Central Bank-authorized Payment Institution that provides PIX-based payment processing, KYC/AML compliance, anti-fraud, and digital banking services to iGaming operators, state lottery operators, and international companies entering the Brazilian regulated market.
- Ownership category
- akta.pro rank
PayBrokers industry classification
Industry- Product category
- Payment Processing
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Other Gambling Industries (713290)
- akta.pro primary industry
- Payouts & Disbursements (Withdrawals, RTP, Mass Payouts) (MPAEALAG)
- akta.pro secondary industries
- Payments Orchestration, Wallets & Alternative Payments Enablement (MPAEAKAH), Card & Alternative Payment Processing (PSPs, Acquirers, Aggregators) (MPAEALAA), Marketplace & Platform Seller Payouts (FSAMAKAE)
Keywords
Where PayBrokers is headquartered
LocationHeadquarters
- HQ city
- Curitiba
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
PayBrokers business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales
Revenue model
- Payment Processing Services: Transaction-based payment processing for iGaming operators, lottery systems, and betting companies. Processes approximately 100 million PIX transactions monthly. Revenue derived from transaction fees on deposits and withdrawals processed through the platform.
- Compliance and KYC Services: Know Your Customer (KYC), anti-money laundering (AML), and regulatory compliance services for operators entering the regulated Brazilian market.
- Digital Banking Services (PayBrokers Bank): Digital banking services including withdrawals, bill payments, transfers, and deposits through a single application. Launched during BIS Sigma Americas 2024.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Enterprise/Operator Pricing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
PayBrokers product offering
Product offeringCore offering
PayBrokers operates as a Brazilian Central Bank-authorized Payment Institution (IP) delivering end-to-end digital payment infrastructure for the regulated iGaming, sports betting, and lottery industries. Its product suite covers PIX-based deposits and withdrawals, mass payouts, banking services, KYC/AML compliance, anti-fraud, and full lottery management, exposed via APIs and integrated platforms to operators across Brazil and Latin America.
Product overview
PayBrokers is a Payment Institution (IP) authorized by Brazil's Central Bank, operating as a comprehensive financial services group for the iGaming, lottery, and betting markets. The portfolio centers on PayBrokers IP for core payment processing and compliance solutions, supplemented by PayBrokers Bank for digital banking services, and FastPix for optimized fast payments. The group provides a full ecosystem including mass payment services, KYC/AML compliance tools, responsible gaming tools, and lottery management systems. Acquired brand PagFast adds heat mapping and open finance capabilities. The company processes approximately 100 million Pix transactions monthly and serves over 400 international merchants through its API.
Differentiator
Problem solved
Functional benefit
Brands
- PayBrokers Bank: Digital banking institution launched during BIS SiGMA Américas, offering simplified banking operations, instant monitoring, and advanced security with two-factor authentication and data encryption.
- FastPix
- PB Escuta
Products and services
- PayBrokers IP (Payment Institution Services) Brazilian Central Bank-authorized Payment Institution services providing compliant payment processing infrastructure for iGaming, sports betting, and lottery operators. Includes acquiring, settlement, and regulatory-compliant transaction routing.
- PayBrokers Bank
Quantifiable outcome
- Processes approximately 100 million PIX transactions monthly with 0.001% failed transaction rate
- +3 more outcomes
Companies that use PayBrokers
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
PayBrokers technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature6 records
PayBrokers partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- SportradarcoreMarketing services partnership for responsible gaming campaign. Sportradar provides advertising and marketing Ad:s suite including audio, online banners, and Digital Out of Home (DOOH) channels. First audio spot created with Sportradar's Gen-AI technology.
- PagFastcoreEquity acquisition strengthening PayBrokers' presence in betting, lottery, and gaming segment. PagFast continues operating independently while adding products including heat maps, open finance technology, and other functionalities. Union aims to strengthen both companies in governance, compliance, and responsible gaming policies.
- SkilrockcorePartnership with Skilrock combining PayBrokers payment system with Skilrock's lottery management system for Lottopar in Paraná state. The platform includes lottery management system where all transactions are automatically visible to Lottopar, providing security for the state and regulatory entity.
- Cibelae (Corporación Iberoamericana de Loterías y Apuestas de Estado)minorAssociation membership since 2023. Cibelae is a non-profit civil association recognized as associate member of World Lottery Association (WLA), serving lottery organizations in over 80 countries across six continents.
- Esportes da SortecoreStrategic partnership with one of the main iGaming companies in Brazil. PayBrokers provides mass payment services with very high conversion rates and reliability. Partnership has improved transaction efficiency, customer satisfaction, and operational environment according to CEO Darwin Filho.
- Central de Doações do Rio Grande do SulminorHumanitarian donation recipient. PayBrokers donated R$200,000 to help victims of floods in Rio Grande do Sul. The Central is part of the State Civil Defense and is known for effective and transparent management of disaster relief resources.
Scale indicators6 records
Recent moves8 records
Expansion highlights6 records
PayBrokers competitors and assessment
Company assessmentEmerging players
- Pagsmile: Payment gateway focused on gaming and emerging markets, offering PIX and Latin American local methods. Smaller scale than PayBrokers but operates in the same gaming-PSP niche with cross-border emphasis.
Direct peers
- PayRetailers: LATAM-focused PSP providing local payment processing for online gaming and e-commerce merchants across multiple Latin American countries. Direct peer in gaming-PSP positioning across the region.
- Pay4Fun: Brazilian PSP specialized in regulated online gaming and betting payments, with PIX and Boleto support. Closely comparable to PayBrokers in target vertical, geography, and integration model for iGaming operators.
- PagBrasil (BoaCompra): Brazilian payment processor originally launched as BoaCompra for games/digital content and now part of the PagBrasil group, offering PIX, Boleto and cards with strong gaming vertical roots. Directly comparable PSP model serving gaming merchants in Brazil.
- EBANX: Latin American cross-border PSP enabling global merchants to accept local payment methods including PIX. Direct comparator for PayBrokers' international-merchant-into-Brazil use case, though broader in vertical scope.
- AstroPay: Emerging-markets focused payment solution offering local payment methods across LATAM including Brazil, with notable gaming vertical penetration. Comparable cross-border PSP model serving iGaming and betting merchants.
Broad incumbents
- dLocal: Public, large-cap emerging-markets payments processor with deep PIX and Brazilian gaming merchant coverage. Much larger scale and broader verticals, but competes head-on for cross-border iGaming payment volume into Brazil.
- PagBank / PagSeguro: Major Brazilian publicly-listed payments and digital banking platform with full PIX and acquiring capabilities. Not specialized in gaming, but its scale and bundled banking make it a competitive incumbent for any Brazilian PSP.
- Stripe: Global PSP that has progressively expanded PIX support and Brazilian merchant coverage. Represents the credible 'global incumbent encroachment' threat to PayBrokers' cross-border iGaming PSP business.
- Mercado Pago: Largest Brazilian digital wallet and payments platform by consumer reach, owned by Mercado Libre. Relevant comparator for PayBrokers Bank's consumer-banking ambitions and a potential channel partner or competitor for end-user payment flows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks1 record
Key highlights7 records
Customer concentration
PayBrokers social profiles
Digital presencePayBrokers compliance and trust
Trust signalCompliance7 records
PayBrokers financial estimates
Financial estimateRevenue estimate
Valuation estimate
PayBrokers leadership team
Management profileNumber of profiles
Profiles2 records
PayBrokers subsidiaries and ownership
Company hierarchySubsidiaries1 record
PayBrokers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PayBrokers 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 PayBrokers
What does PayBrokers do?
PayBrokers operates as a Brazilian Central Bank-authorized Payment Institution (IP) delivering end-to-end digital payment infrastructure for the regulated iGaming, sports betting, and lottery industries. Its product suite covers PIX-based deposits and withdrawals, mass payouts, banking services, KYC/AML compliance, anti-fraud, and full lottery management, exposed via APIs and integrated platforms to operators across Brazil and Latin America.
Is PayBrokers a public or private company?
PayBrokers is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PayBrokers founded?
PayBrokers was founded in 2021. It employs 11 to 50 people.
Where is PayBrokers based?
PayBrokers is headquartered in Curitiba, Brazil, in the Latin America region.
How does PayBrokers make money?
Three revenue lines are on record. Payment Processing Services are the primary driver. The others are compliance and KYC Services and digital Banking Services (PayBrokers Bank).
Who are PayBrokers's main competitors?
Pagsmile is listed as an emerging player. Direct peers are PayRetailers, Pay4Fun, PagBrasil (BoaCompra), EBANX and AstroPay. Broad incumbents are dLocal, PagBank / PagSeguro, Stripe and Mercado Pago.
Does PayBrokers have an API?
Yes. PayBrokers provides an API that allows foreign companies to instantly send and receive payments from Brazilian users via Pix. The API is described as simple and effective, enabling international merchants to process payments in Brazil. More than 400 international merchants have adopted PayBrokers API to process their payments. Documentation available at dev.paybrokers.com/docs/introduction. Developer documentation is at dev.paybrokers.com/docs/introduction.
What industry is PayBrokers in?
PayBrokers's product category is Payment Processing. Its primary akta.pro industry code is MPAEALAG, Payouts & Disbursements (Withdrawals, RTP, Mass Payouts), with a secondary code of MPAEAKAH, Payments Orchestration, Wallets & Alternative Payments Enablement. Its NAICS code is 52232.