efrete
efrete is a Brazilian ANTT-authorized fintech that provides electronic freight payment (PEF) and CIOT issuance for transport companies, with integrations to 200+ TMS platforms, a toll hub, digital account for truck drivers, and a 2,500+ fuel station credentialed network; it operates as the fintech arm of nstech.
- Company typePrivate
- Founded1996
- HeadquartersItajaí, Brazil
- Headcount51–100
- GTM typeB2B and B2C
- OfferingSoftware
What efrete does
efrete, formerly IPC and founded in 1996, is a Brazilian fintech specializing in electronic freight payment (PEF) and transportation operation management for the road cargo sector. The company operates as NSTECH IP INSTITUICAO DE PAGAMENTO S.A., authorized by the Banco Central do Brasil as an electronic currency issuer and homologated by ANTT (the Brazilian National Land Transport Agency) as an Instituição de Pagamento Eletrônico de Frete. Its core product is the PEF platform, which generates mandatory CIOT (Código Identificador da Operação de Transporte) codes, processes electronic freight payments to autonomous truck drivers, and integrates with more than 200 TMS (Transportation Management Systems) to issue CIOT in under five seconds. Adjacent products include the Hub Pedágio toll payment hub integrated with four major Brazilian tag operators (Sem Parar, Veloe, MoveMais, ConectCar), a free Conta Digital for drivers with PIX and embedded free life insurance, and a credentialed fuel station network of 2,500+ establishments.
The platform targets three primary customer segments: freight contractors (transportadoras and embarcadores) that must comply with ANTT regulations; fuel stations joining the credentialed network to capture truck driver spend; and individual truck drivers (caminhoneiros autônomos) receiving freight payments via mobile app. Revenue is generated primarily through transaction fees on PEF and toll payments, with additional managed services revenue from the FIDC Riza IPC working capital partnership with Riza Asset. The CIOT issuance entry point is offered on a freemium basis via a free digital certificate access key (chave de acesso gratuito), while premium integration, toll, and credit services operate on subscription or per-transaction pricing. Since 2021, efrete has operated as the fintech division of nstech, the world's largest open logistics platform, serving 1,200+ client companies, 400,000+ system users, and 8,800 registered clients across Brazilian agribusiness, food, and transport & logistics verticals.
efrete firmographics
Firmographics- Name
- efrete
- Legal name
- NSTECH IP INSTITUICAO DE PAGAMENTO S.A.
- Website
- https://efrete.com.br
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- efrete is a Brazilian ANTT-authorized fintech that provides electronic freight payment (PEF) and CIOT issuance for transport companies, with integrations to 200+ TMS platforms, a toll hub, digital account for truck drivers, and a 2,500+ fuel station credentialed network; it operates as the fintech arm of nstech.
- Ownership category
- akta.pro rank
efrete industry classification
Industry- Product category
- Logistics Fintech Platform
- SIC
- Arrangement Of Transportation Of Freight & Cargo (4731), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industry
- Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA)
Keywords
Where efrete is headquartered
LocationHeadquarters
- HQ city
- Itajaí
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
efrete business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- PEF - Pagamento Eletrônico de Frete Transaction Fees: efrete generates revenue through transaction fees charged to transport companies (contratantes de frete) for electronic freight payment processing, CIOT issuance, and payment management services. The platform enables freight payment via bank transfer, PIX, or withdrawal at credentialed fuel stations.
- Hub Pedágio - Toll Management: Revenue from toll payment services through the Hub Pedágio product, integrating with multiple tag operators (Sem Parar, Veloe, MoveMais, ConectCar) for electronic toll collection.
- Conta Digital Services: Digital account services for truck drivers including fund transfers, bill payments, and other financial transactions. While the account is free for drivers, transaction fees apply for certain operations.
- FIDC - Fundo de Investimento em Direitos Creditórios: In partnership with Riza Asset, efrete participates in a credit fund (FIDC Riza IPC) providing working capital to transport companies at low operational cost. Revenue comes from financial structuring and partnership arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free CIOT issuance via digital certificate |
| Subscription | Monthly | Pedágio Hub paid integration |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
efrete product offering
Product offeringCore offering
efrete operates an ANTT-authorized electronic freight payment (PEF) platform that issues mandatory CIOT codes and processes digital payments from transport companies to autonomous truck drivers, replacing the illegal 'carta-frete' system. The platform includes a mobile-first PEF system operating without physical cards or POS terminals, a Hub Pedágio toll-payment hub integrated with four major Brazilian tag operators, a free Conta Digital for drivers with PIX transfers and life insurance, and API-based integration with 200+ TMS systems for automated CIOT issuance in under 5 seconds.
Product overview
efrete is a fintech platform for road transport that operates primarily through its core PEF (Pagamento Eletrônico de Frete) system - an ANTT-authorized electronic freight payment service. The platform encompasses the CIOT emission system, a truck driver mobile app, a digital account (Conta Digital), and a Hub Pedágio for toll management. These products are complemented by a network of 2,500+ affiliated gas stations, receivables advance services, TMS integration capabilities (200+ integrations), and loyalty programs. In 2021, efrete integrated into the nstech open logistics platform, becoming its financial technology division for road transport. The company was founded in 1996 as IPC and pioneered mobile-based electronic freight payment without requiring physical cards or POS terminals.
Differentiator
Problem solved
Functional benefit
Products and services
- PEF (Pagamento Eletrônico de Frete) ANTT-authorized electronic freight payment system that generates CIOT codes and manages digital payments to autonomous truck drivers, replacing the illegal 'carta-frete' system. Used by transport companies (freight contractors) to comply with regulatory requirements and process freight payments via bank transfer, PIX, or withdrawal at credentialed fuel stations.
- CIOT (Código Identificador da Operação de Transporte) Mandatory electronic registration code for road cargo transport operations, required by ANTT for all freight payments to autonomous carriers. Can be issued via TMS integration (in under 5 seconds) or directly through the efrete system. Used by freight contractors for ANTT regulatory compliance.
- App efrete (Truck Driver Mobile Application) Mobile application for truck drivers to manage freight payments in real-time, check available balance, access receipts, and manage toll voucher entries via cell phone, with offline transaction capability via token. Available on iOS and Android.
- Conta Digital efrete Free digital account for truck drivers that automatically receives freight payments on the next business day, with PIX transfer, bill payment, mobile recharge, and free life insurance during travel. Provided through partnership with Flagship Instituição de Pagamento.
- Hub Pedágio Integrated toll payment solution connecting to Sem Parar, Veloe, MoveMais, and Conectcar operators, enabling automatic toll payment through RFID tags with full integration to efrete's payment system. Provides interoperability for truck drivers across toll roads in Brazil.
- Licença de Integração (Integration License) API license enabling TMS systems to integrate with efrete for automatic CIOT generation and electronic freight payment management, with over 200 TMS integrations across Brazil.
- Rede Credenciada (Affiliated Network) Network of over 2,500 affiliated gas stations and commercial establishments across Brazil where drivers can withdraw freight payments or exchange CIOT codes for cash and fuel.
- Antecipação de Recebíveis (Receivables Advance) Receivables advance service allowing transport companies and drivers to receive freight payments in advance, improving cash flow during operations, structured through FIDC Riza IPC in partnership with Riza Asset.
Quantifiable outcome
- R$ 5.1 billion in financial transactions processed in 2019
- +3 more outcomes
Companies that use efrete
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
efrete technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability6 records
Feature6 records
efrete partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- NSTECHflagshipIn 2021, efrete became part of the NSTECH group, the largest open logistics platform in the world. NSTECH is an integrated platform with hundreds of end-to-end solutions for the logistics chain, and efrete serves as its fintech division for road transport electronic payments. efrete operates under the legal entity NSTECH IP INSTITUIÇÃO DE PAGAMENTO S.A.
- GreenPasscoreIn 2020, efrete partnered with GreenPass to develop a toll product using RFID electronic tags, integrated with efrete's systems. This product was later evolved into the Hub Pedágio, integrating with four major tag operators.
- Flagship Instituição de Pagamentocoreefrete operates in partnership with Flagship Instituição de Pagamento Ltda. (CNPJ 23.114.447/0001-97) for payment services, fund management, and custody of resources. Flagship provides the underlying payment institution infrastructure for efrete's digital account services.
- Sem Parar, Veloe, MoveMais, ConectCarcoreefrete's Hub Pedágio is integrated with all four major Brazilian toll tag operators (Sem Parar, Veloe, MoveMais, and ConectCar), providing interoperability for truck drivers across toll roads in Brazil.
- 200+ TMS Providerscoreefrete has integration with over 200 TMS (Transportation Management Systems) across Brazil, enabling automated CIOT issuance and freight payment management directly within transport management software workflows.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
efrete competitors and assessment
Company assessmentBroad incumbents
- Stone: Major Brazilian payment processor offering acquiring, banking, and software to SMBs including transport and fuel segments. Overlaps with efrete's transaction-fee economics and digital-account-for-truckers monetization pathway.
- Cielo: Brazil's largest card payment processor and merchant acquirer. Comparable as a transaction-fee-driven payment infrastructure player; a potential competitive entrant into regulated freight payments given its scale and merchant relationships.
- nstech: efrete's parent company and the 'largest open logistics platform in the world' per company materials, integrating ERP, TMS, YMS, WMS, and now fintech. Comparable as a broader incumbent whose logistics suite encompasses efrete's freight-payment niche.
- Banco Vamos: Brazilian bank focused on the road transportation ecosystem (fleet financing, working capital, vehicle loans). Comparable as a financial-services incumbent serving the same transportadora and TAC customer base that efrete targets with PEF, digital account, and FIDC receivables advance products.
Direct peers
- Connect (TIVIT): Operates a Brazilian PEF and CIOT platform for freight payment within TIVIT's broader digital services portfolio. Comparable to efrete as an ANTT-homologated IPEF serving transportadoras and caminhoneiros with electronic freight payment.
- Ticket Log (Edenred): Brazilian fleet management and electronic payment arm of Edenred, operating PEF, fuel card, toll, and driver services. Overlaps directly with efrete's PEF, CIOT, and Hub Pedágio offerings for the same transport-company and TAC customer base.
- Repom: One of Brazil's largest traditional electronic freight payment (PEF) and CIOT issuers, owned by Edenred/Ticket Log. Directly competes with efrete for freight contractors and CIOT issuance volumes under ANTT regulation, with the closest comparable product set (PEF, CIOT, fleet cards, tolls).
- Pamcard: Brazilian payment institution focused on freight and fleet electronic payments and CIOT issuance. Competes head-to-head with efrete for ANTT-regulated freight payment volumes and shares the same regulatory framework and TAC driver base.
Emerging players
- FreteBras: Brazilian freight marketplace connecting shippers and truckers, expanding into freight management and payments. Partially overlaps with efrete on transport-company workflows and TAC driver relationships, but is focused on load matching rather than ANTT PEF/CIOT.
- CargoX: Brazilian digital freight network and logistics platform serving shippers and carriers. Comparable as a logistics-fintech adjacent to efrete's transport customers, with overlap on TMS-style integrations and driver engagement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Customer concentration
efrete social profiles
Digital presenceefrete compliance and trust
Trust signalCompliance4 records
efrete financial estimates
Financial estimateRevenue estimate
Valuation estimate
efrete leadership team
Management profileNumber of profiles
Profiles3 records
efrete funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
efrete 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 efrete
What does efrete do?
efrete operates an ANTT-authorized electronic freight payment (PEF) platform that issues mandatory CIOT codes and processes digital payments from transport companies to autonomous truck drivers, replacing the illegal 'carta-frete' system. The platform includes a mobile-first PEF system operating without physical cards or POS terminals, a Hub Pedágio toll-payment hub integrated with four major Brazilian tag operators, a free Conta Digital for drivers with PIX transfers and life insurance, and API-based integration with 200+ TMS systems for automated CIOT issuance in under 5 seconds.
Is efrete a public or private company?
efrete is a private company. It is classified as corporate owned and is currently operating.
When was efrete founded?
efrete was founded in 1996. It employs 51 to 100 people.
Where is efrete based?
efrete is headquartered in Itajaí, Brazil, in the Latin America region.
How does efrete make money?
Four revenue lines are on record. PEF - Pagamento Eletrônico de Frete Transaction Fees are the primary driver. The others are hub Pedágio - Toll Management, conta Digital Services and FIDC - Fundo de Investimento em Direitos Creditórios.
Who are efrete's main competitors?
Broad incumbents on record are Stone, Cielo, nstech and Banco Vamos. Direct peers are Connect (TIVIT), Ticket Log (Edenred), Repom and Pamcard. Emerging players are FreteBras and CargoX.
Does efrete have an API?
Yes. efrete offers integration through its 'License de integração' (integration license) allowing TMS systems to connect and issue CIOT directly. The system integrates with over 200 TMS platforms in Brazil, enabling automatic CIOT generation in under 5 seconds when transport companies input vehicle plate or contractor document information. Integration is achieved via API connection to the efrete system, with a free access key option available for digital certificate holders.
What industry is efrete in?
efrete's product category is Logistics Fintech Platform. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of BPAAAGAA, Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments). Its SIC code is 4731.