Saque E Pague

What Saque E Pague does

Saque e Pague is a Brazilian ATM network operator headquartered in Porto Alegre, Rio Grande do Sul, operating 2,500+ green-branded ATMs ('Verdinho') across 500+ cities in Brazil, with additional operations in Mexico (600+ ATMs) and Colombia. The company provides physical cash access and management infrastructure for two primary customer segments: individual consumers (PF) using Pix Saque for cardless cash withdrawals and Depósito Rápido for instant cash deposits via Pix; and retail businesses (PJ) using Aletha Digital accounts and ATM terminals (Pro, Slim, Mini) for cash management, sangria de caixa, and reconciliation.

The underlying technology stack centers on an ATM network connected to 700+ ecosystem partners via standardized transaction protocols, integrated with Brazil's Pix instant payment system and a digital banking platform (Aletha) issued under a white-label correspondent banking partnership with Banco Topázio S.A. Core proprietary features include Pix Saque (QR-code-based cardless withdrawal interoperable with all major Brazilian banks including digital banks), Depósito Rápido (instant Pix deposit to any bank or wallet), and MultiVarejo (shared-network deposit service for non-host retailers at 0.60% per deposit). The platform also exposes a Flow API for third-party system integration and a Portal do Cliente for retail partners to monitor transactions and manage disputes.

The business model combines transaction fees (Depósito Rápido tiered R$3.60-R$15.50; ATM withdrawals), subscription revenue (Aletha tiers: Free R$0, Multi R$19.90/month, Elite R$54.90/month), and hardware placement economics where Saque e Pague owns, installs, and services ATM terminals at retail locations at no cost to hosts in exchange for a share of transaction revenue. The go-to-market is B2B2C: direct outreach to retail chains for ATM placement combined with consumer-side product-led growth via location-based discoverability and the 'Verdinho' brand. International expansion operates under the 'Saque y Pague' brand with local banking partner integrations in Mexico and Colombia.

Name

Saque E Pague

Legal name

Saque e Pague

Website

https://saqueepague.com.br

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

Saque e Pague operates a 2,500+ ATM network ('Verdinho') across 500+ Brazilian cities plus Mexico and Colombia, offering cardless Pix withdrawals, instant cash deposits, and Aletha Digital accounts to retail businesses and consumers via B2B2C distribution through partner retail locations.

Ownership category

akta.pro rank

Product category

ATM Network & Cash Management Services

NAICS

Commercial Banking (52211)

SIC

Finance Services (6199)

akta.pro primary industry

ATM Deployers & Managed ATM Services (IAD/ISO) (FSAMAOAC)

akta.pro secondary industries

Cash Access & Cardless ATM Withdrawal Services (FSAMAOAJ), Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE), Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration) (FSAGAAAG), Marketplace & Platform Seller Payouts (FSAMAKAE)

Keywords

• ATM network services
• Cash management solutions
• Retail ATM placement
• Digital banking platform
• Instant payment infrastructure

Headquarters

HQ city

Porto Alegre

HQ country

Brazil

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. ATM Transaction Fees: Fees charged per transaction performed at ATM terminals (deposits, withdrawals, bill payments, etc.). Revenue shared with retail host establishments.
2. MultiVarejo Deposit Fee: 0.60% fee per deposit transaction for MultiVarejo service using shared ATM network and Aletha account.
3. Aletha Subscription Plans: Monthly subscription tiers: Free (R$0), Multi (R$19.90/month), Elite (R$54.90/month) for digital account with integrated ATM cash management.
4. Depósito Rápido Fees: Variable fees for cash deposits via Pix: R$3.60 (R$5-45), R$3.90 (R$50-95), R$4.60 (R$100-150), R$4.90 (R$155-200), R$7.50 (R$205-350), R$8.00 (R$355-500), R$11.00 (R$505-1000), R$13.50 (R$1005-1495), R$15.50 (R$1500-2000).
5. ATM Hardware Placement: Saque e Pague installs and manages ATM terminals at retail locations at no cost to the retailer, generating transaction revenue and driving customer foot traffic for host businesses.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Saque e Pague operates a network of over 2,500 branded ATMs ("Verdinho") across 500+ cities in Brazil offering cardless cash withdrawal (Pix Saque), instant cash deposits via Pix (Depósito Rápido), and bill payment services. The company provides ATM hardware placement (Pro, Slim, Mini terminals) to retail businesses, a digital banking platform (Aletha Digital) for retailers developed with Banco Topázio, and a shared-network deposit service (MultiVarejo) at a 0.60% fee.

Product overview

Saque e Pague operates a network of ATMs branded as 'Verdinho' (green ATMs), offering a comprehensive suite of financial services. The core offering centers on the ATM network with flagship services including Pix Saque (cardless cash withdrawal via Pix) and Depósito Rápido (instant cash deposit via Pix). The company has expanded into digital banking with Aletha Digital, a digital account solution for retailers developed in partnership with Banco Topazio, available in three tiers: Free, Multi, and Elite. For business clients, Saque e Pague offers enterprise ATM solutions (ATM Pro, ATM Slim, ATM Mini), the MultiVarejo deposit service, and a customer portal. The ecosystem also includes ancillary services such as Tele Sena lottery, bill payment, balance inquiry, mobile recharge, card services, and the Flow API for developer integrations. The company has international operations in Mexico and Colombia.

Differentiator

Problem solved

Functional benefit

Brands

• Aletha Digital: Digital account solution for retailers, developed in partnership with Banco Topázio, offering deposits, Pix, payments, and financial management services.

Products and services

• Verdinho ATM Network Network of over 2,500 green-colored ATM terminals branded as 'Verdinho', offering cash withdrawal, deposit, bill payment, balance inquiry, mobile recharge, and card services across 500+ Brazilian cities. Available to partner bank customers and via Pix-based transactions for any Brazilian bank including digital banks.
• Pix Saque Cardless cash withdrawal service using Pix instant payment system. Users scan a QR code at any Saque e Pague ATM, confirm the transaction in their banking app, and receive cash immediately. Available for all Brazilian banks including Nubank, Inter, C6, PicPay, and Mercado Pago. Free for up to 8 withdrawals per month per account under BCB Resolution 19.
• Depósito Rápido Instant cash deposit service via Pix. Depositors insert cash at any Saque e Pague ATM, specify the recipient's Pix key, and funds transfer immediately with instant credit. Works with all Brazilian banks and digital wallets. Variable tiered fees based on deposit amount (R$3.60 to R$15.50); limit of R$2,000 per operation.
• Aletha Digital Digital account solution for retailers (PJ), developed in partnership with Banco Topázio, integrated with the Saque e Pague ATM network. Enables real-time cash deposits, withdrawals (sangria de caixa), Pix transfers, boleto payments, and receivables anticipation. Available in tiered plans: Free (R$0), Multi (R$19.90/month), and Elite (R$54.90/month).
• MultiVarejo Deposit service for businesses to make cash deposits through the shared Saque e Pague ATM network without owning dedicated infrastructure. Charges 0.60% per deposit with immediate credit to Aletha account. Includes a real-time management platform for transaction monitoring.
• ATM Terminals (Pro, Slim, Mini) Range of ATM hardware models installed at partner retail locations. ATM Pro serves high-volume operations such as supermarkets and fuel stations; ATM Slim fits moderate cash flow environments like convenience stores; ATM Mini targets small establishments such as small pharmacies and markets. Saque e Pague handles installation, maintenance, and cash replenishment at no cost to the retailer.
• Portal do Cliente Web platform for retail partners to monitor ATM transactions, generate reconciliation reports, manage disputes (contestações), and submit maintenance requests for their terminals.
• Flow API Developer API enabling businesses to integrate their systems with the Aletha and Saque e Pague ecosystem. Provides seamless connectivity for cash management and digital banking workflows.
• Saque y Pague Mexico Mexican operations offering 600+ ATM terminals at retail establishments with services including cardless withdrawal (OTP), balance inquiry, PIN change, cash deposit, bill payment, and retail cash management solutions. Operates with 34+ transactional banking allies.
• Saque y Pague Colombia Colombian operations offering ATM services at retail establishments including cash deposit (consignación), PIN change, card payment, and retail cash management solutions.

Quantifiable outcome

• R$ 1.8 million+ saved by customers in fees compared to other bank accounts
• +3 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Banco Topázio S.A.coreStrategic or Co-development PartnerCorrespondent banking partner and White Label issuer for Aletha Digital accounts. Banco Topázio provides the regulatory infrastructure and banking license for Aletha's digital account services, while Saque e Pague provides the ATM network and retail distribution. Central de Atendimento: 4002 4466 (capitals), 0800 642 8282 (other regions).
• BanrisulcoreTechnology or IntegrationBanking partner enabling card withdrawals, card activation, and PIN registration at Saque e Pague ATM terminals.
• SicredicoreTechnology or IntegrationCooperative bank partner for ATM card withdrawal services at Saque e Pague terminals.
• SicoobcoreTechnology or IntegrationCooperative bank network partner for ATM card withdrawal services.
• BanparácoreTechnology or IntegrationState bank partner for card withdrawal, PIN registration, and card activation services.
• BNB (Banco do Nordeste)coreTechnology or IntegrationRegional development bank partner for ATM withdrawal services.
• VisacoreTechnology or IntegrationCard network enabling cash deposits and withdrawals using Visa-branded cards at Saque e Pague ATMs. Also enables Visa card deposits at terminals.
• MastercardcoreTechnology or IntegrationCard network enabling cash withdrawals and card services using Mastercard-branded cards at terminals.
• Aletha DigitalcoreOEM/ Whitelabel/ Licensing PartnerSaque e Pague's own digital banking subsidiary developed in partnership with Banco Topázio, providing digital accounts for retail businesses integrated with the ATM network.
• Tele Sena (Caixa)minorChannel Partner/ Reseller/ DistributorPartnership with Caixa Econômica Federal to sell Tele Sena lottery tickets at Saque e Pague ATM terminals.
• MultiVarejo PartnerscoreChannel Partner/ Reseller/ DistributorRetail businesses using the MultiVarejo deposit service to make cash deposits through the shared Saque e Pague ATM network using Aletha accounts, at 0.60% fee per deposit.

Scale indicators9 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Rede (Itaú): Itaú-owned ATM and acquiring network in Brazil. Overlaps with Saque e Pague's cash-access proposition, but Rede is anchored to a single bank's customer base and acquirer services rather than serving as an open multi-bank network.
• Banorte: Major Mexican bank with a proprietary ATM network. Comparable to Saque e Pague's Mexico operation as a country-specific cash-access infrastructure, though operating as a vertically integrated bank rather than an open multi-bank ATM deployer.
• NCR Atleos (Cardtronics): Global ATM operator and managed services provider spun out of NCR. Operates large ATM-as-a-service fleets in multiple countries; broadly comparable infrastructure economics though with a heavier international and US footprint than Saque e Pague's LatAm focus.
• Euronet Worldwide: Global payments and ATM network operator with a presence in emerging markets. Comparable as an independent, non-bank ATM deployer, though much larger and more diversified across EFT processing, money transfer, and card acquiring.

Emerging players

• Nubank: Latin America's largest digital bank with deep Pix integration and a large Brazilian customer base that depends on third-party ATM networks for cash access. Strategic counterpart — Saque e Pague's Pix Saque serves Nubank users, while Nubank represents both a key distribution partner and a potential future direct competitor in cash access.
• PagSeguro / PagBank: Brazilian acquirer and digital bank expanding into adjacent financial services for SMBs and consumers. Overlaps with Saque e Pague on Pix-based payment flows and SMB cash-management services (Aletha Multi/Elite tier).
• Banco Inter: Brazilian digital bank with its own PIX-heavy super-app and growing merchant services. Comparable as a digital-first financial services competitor targeting similar PF/PJ segments, though without Saque e Pague's proprietary ATM footprint.

Direct peers

• TecBan: Brazilian ATM network operator and provider of shared self-service banking infrastructure (Banco24Horas network). Direct competitor in deploying ATMs at retail locations and serving multiple bank partners from a single terminal.
• Banco24Horas: Brazil's largest shared ATM network operated by TecBan, present across tens of thousands of locations. Directly comparable in business model — ATM-as-a-service for retail hosts on behalf of multiple issuing banks.

Regional players

• Cajeros Automáticos RED: Independent Mexican ATM network providing shared cash-access services for multiple banks. Directly comparable business model to Saque e Pague in Mexico but geographically Mexico-only and competing primarily with bank-owned networks.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/saquepague
• Facebookfacebook.com/saqueepague

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 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 Saque E Pague