BePay

What BePay does

BePay Soluções de Pagamentos S.A. is a Brazilian digital payment platform headquartered in São Paulo (with the firm's founding city listed as Jacareí), operating as part of BPY Group — a financial ecosystem regulated by Banco Central do Brasil (BACEN) under SBP nº 271. The company provides a mobile-first digital account paired with a multi-currency prepaid card (Cartão Global) supporting up to six currencies (EUR, USD, AUD, GBP, CAD, NZD), accepted at 4M+ Visa-affiliated merchants and 1.8M+ ATMs across 200+ countries. Its flagship capability is instant international money transfers powered by Visa Direct and Muevy technology, enabling funds to reach recipient Visa debit or credit cards in seconds or minutes across 190+ countries, funded domestically via Pix in Brazilian reais.

The product portfolio extends beyond consumer remittances into a dedicated teen account (Conta Teen, for ages 8-17 with parental supervision) and a B2B platform (BePay Empresas, bepay.tech) offering multi-currency card management and corporate incentive solutions. Revenue is generated through a transaction-fee model: a fixed R$19.90 per international transfer with pass-through IOF tax (0.38% for transfers to other people, 1.1% for self-transfers). Distribution is exclusively digital — mobile app (iOS/Android) and web portal — with 100% online KYC onboarding, no physical branches, and a referral program ('Seja um indicador') driving top-of-funnel acquisition. The company is privately held with no disclosed external funding, no M&A activity, and no AI/ML capabilities disclosed across the product surface.

Name

BePay

Legal name

BePay Soluções de Pagamentos S.A.

Website

https://bepay.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

BePay is a Brazilian fintech offering instant international money transfers via Visa Direct, multi-currency prepaid cards, and digital accounts. It serves consumers, teens, and businesses through a mobile app, operating under BPY Group's BACEN license.

Ownership category

akta.pro rank

Product category

Digital Payments & Cross-Border Remittances

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

akta.pro secondary industries

International / Multi-Currency Wallets (FSAMAEAL), Cross-Border Card-Based Transfers & Multi-Currency Cards (FSAGAKAE), Travel Money Cards & Multi-Currency Prepaid (FSAMANAI), Cross-Border & FX Payments Platforms (BPAMAFAK), Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE)

Keywords

• Digital payments platform
• International money transfers
• Multi-currency prepaid cards
• Cross-border remittances
• Digital banking accounts

Headquarters

HQ city

Jacareí

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. International Transfer Fees: Fixed fee of R$19.90 per international transfer, with additional IOF tax of 0.38% for transfers to other people and 1.1% for self-transfers. Revenue generated from transaction fees on cross-border money movements via Visa Direct.
2. IOF Tax Collection: Brazilian IOF (Imposto sobre Operações Financeiras) tax collected on international transactions. Mandatory tax applied to foreign exchange operations, contributing to government tax revenue while affecting final transfer amounts.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

BePay operates a digital payment ecosystem built around a mobile-first digital account paired with a multi-currency prepaid card (up to 6 currencies: EUR, USD, AUD, GBP, CAD, NZD). Its core service is instant international money transfers powered by Visa Direct and Muevy technology, allowing Brazilian users to send remittances directly to recipients' Visa debit or credit cards in 190+ countries, funded in BRL via Pix. It also offers a B2B platform (BePay Empresas) for corporate multi-currency card management and a teen account (Conta Teen) for minors aged 8–17.

Product overview

BePay is a digital payment ecosystem comprising a suite of products: the core digital account (Conta Digital) paired with the multi-currency Cartão Global (physical and virtual, up to 6 currencies); a dedicated Conta Teen for minors aged 8–17; the BePay Empresas multi-currency internet banking platform for businesses; and an international transfer service powered by Visa Direct. All financial operations are backed by BPY Group's regulatory licenses (BACEN/CVM, SBP nº 271). The platform supports Pix for domestic payments and enables instant international remittances to 190+ countries, processing up to 160 currencies, 24/7.

Differentiator

Problem solved

Functional benefit

Brands

• Conta Teen: Digital account for minors aged 8–17 with global card for use in over 200 countries, allowing parents to monitor finances in real time.
• Cartão Global
• BePay Empresas

Products and services

• Cartão Global BePay Multi-currency prepaid card (physical and virtual) allowing users to hold and spend in up to six currencies (EUR, USD, AUD, GBP, CAD, NZD). Accepted at all Visa-affiliated merchants and over 1.8 million ATMs across 200 countries, targeting travelers, expats, and digital nomads who need international spending capability.
• Conta Digital BePay Full-service digital account enabling international transfers, Pix payments, bill payments, TED transfers, BRL card management, multi-currency Global Card loading, and 24/7 account statement monitoring via the mobile app. Targeted at individual Brazilian consumers managing domestic and cross-border finances.
• Conta Teen BePay Digital account and global card for minors aged 8–17 years, featuring a physical and virtual BRL/multi-currency Global Teen card, real-time balance monitoring, Pix send/receive, bill payments, and cash-out conversion of Global Card balance to BRL. Parents/guardians manage and monitor activity via their own BePay app.
• BePay Empresas Flexible multi-currency internet banking platform for businesses providing prepaid card management, corporate incentive cards, multi-currency global cards, and financial management tools for use in Brazil and internationally. Targeted at corporate clients requiring multi-currency expense and incentive programs.
• Transferência Internacional BePay Instant international remittance service enabling transfers in seconds or minutes to most Visa Direct-connected countries. Funded via Pix in BRL, with a flat R$19.90 fee per transfer and IOF of 0.38% for transfers to other people and 1.1% for self-transfers. Supports 160+ currencies and reaches 190+ countries.

Quantifiable outcome

• Instant international transfers in seconds or minutes to most Visa Direct-connected countries
• +3 more outcomes

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core, flagship and minor.

• Visa (Visa Direct)coreTechnology or IntegrationVisa Direct is the core technology infrastructure powering BePay's instant international money transfers. This official Visa product enables BePay users to send money rapidly to any Visa card worldwide. BePay is positioned as a product with the 'strength and security of one of the largest digital payment networks in the world,' leveraging Visa's 5.9 billion annual transactions.
• MuevycoreTechnology or IntegrationMuevy provides the underlying technology powering the Visa Direct integration for BePay. The Muevy technology enables instant international transfers and is referenced as the tech backbone for the international money transfer functionality.
• BPY Group (BPY Bank)flagshipStrategic or Co-development PartnerBePay and BePay Empresas are part of BPY Group, a complete and innovative financial ecosystem. All financial operations are backed by licenses from BPY, authorized by Banco Central do Brasil (BACEN). BPY Group is regulated by BACEN and CVM with SBP nº 271, operating in forex, investments, securities distribution, electronic money issuance, and as a direct Pix participant. The BPY CCTVM (brokerage) is responsible for BePay's operations.
• MoneyGramminorOthersBePay publishes a MoneyGram regulatory notice regarding fraud prevention for international money transfers. The notice is a mandatory regulatory requirement providing fraud warnings and protection information for users conducting international transfers, including contact information for MoneyGram fraud assistance.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Nomad: Brazilian-headquartered multi-currency digital account and international card issuer targeting Brazilians who travel, invest abroad, or remit funds. Directly competes with BePay's Cartão Global and cross-border transfer offering for the same consumer persona.
• Remitly: Digital remittance platform offering cross-border transfers to mobile wallets, bank accounts, and card rails across emerging markets including Brazil-sending corridors. Comparable on instant cross-border transfers and fee transparency, scaled with significant venture backing.
• Avenue Securities: Brazilian investment platform offering US brokerage access and an international debit card for Brazilian consumers. Competes with BePay for the cross-border consumer use case, particularly on spending in USD and international payments.

Broad incumbents

• Wise: Global multi-currency account and cross-border transfer leader serving consumers and businesses, including active Brazilian corridors. Comparable on multi-currency wallet and remittance economics, with deeper currency coverage and audited unit economics.
• Mercado Pago: Latin American super-app payment platform owned by Mercado Libre, offering digital accounts, cards (including international), and remittances across Brazil and the region. Overlaps with BePay on multi-currency spending and cross-border flows, with vastly larger customer base.
• Revolut: Global multi-currency digital banking and card platform offering multi-currency wallets, FX, and remittance. Operates in Brazil with comparable multi-currency card proposition and broader ecosystem (crypto, investments).
• EBANX: Latin American cross-border payments processor focused on enabling global merchants to accept payments from Brazilian consumers and disburse funds locally. Adjacent to BePay on cross-border payment infrastructure for the Brazil corridor, though B2B-merchant-facing.
• Western Union: Global incumbent in cross-border money transfers with extensive agent network in Brazil. Directly competes with BePay on the international remittance use case, though differentiated by physical cash-pickup network and brand legacy.
• Payoneer: Cross-border payments platform serving freelancers, SMBs, and marketplaces with multi-currency receiving accounts and international cards. Comparable to BePay's BePay Empresas B2B use case for international contractor and remote-worker payments.

Regional players

• C6 Bank: Brazilian digital bank with multi-currency accounts (C6 Global) and international card offering. Direct overlap with BePay on the multi-currency card and remittance-from-Brazil segment within the domestic banking market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bepay_oficial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 BePay