Cielo SA - Company Profile
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Cielo SA (Cielo) is a provider of electronic payment solutions and helps certify commercial establishments and offers network management services. The company's primary activities involve providing a diverse range of technology solutions and services designed to meet the complex needs of various market segments. Cielo's portfolio includes products such as cielo conciliator, cielo facilita, electronic statement, multi receivables, and transactional products like carnet, credit, and pix, among others. It also offers e-commerce solutions like anti-fraud, e-commerce API, and payment gateway, as well as data solutions like big data and icva. Cielo serves a wide customer base, from small entrepreneurs to large retailers, across multiple industries. The company operates across national territory of Brazil, indicating a broad distribution network. It’s target market primarily consists of small and medium-sized businesses in Brazil, to whom it offers integrated, personalized solutions. Cielo is headquartered in Barueri, Sao Paulo, Brazil.
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Products and Services
| Products | Services | Brands |
|---|---|---|
| Co-Branded Private Label Cards | Payment Processing Services | Cielo |
| Installment Debt | Merchant Solution Services | |
| Use of Network for Prepaid Cards | Electronic Payment Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In May, the company launched “Sold, It's in the Account.” This new product allows eligible establishments1 to receive the proceeds of their card sales. |
| 2024 | Others | In February, the company’s major share holders Banco do Brasil and Bradesco announced to takeover the Cielo. |
| 2022 | Contracts/Agreements | In February, the company agreed to sell MerchantE to Integrum for US$290 million. |
Competitor Comparison
| Key Parameters | Cielo SA | Banco Bradesco SA | Banco Santander (Brasil) SA | Banco do Nordeste do Brasil SA | Ebanx SA |
|---|---|---|---|---|---|
| Headquarters | Brazil | Brazil | Brazil | Brazil | Brazil |
| City | Barueri | Osasco | Sao Paulo | Fortaleza | Curitiba |
| State/Province | Sao Paulo | Sao Paulo | Sao Paulo | Ceara | Parana |
| No. of Employees | 4,106 | 84,022 | 51,747 | 7,117 | - |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Estanislau Mendes Llobatera Bassols | Chief Executive Officer | Senior Management | 2022 | 50 |
| Filipe Augusto dos Santos Oliveira | Investor Relations Officer; Chief Financial Officer | Senior Management | 2022 | 40 |
| Louangela Bianchini da Costa Colquhoun | Executive Vice President - Legal and Government Relations | Senior Management | 2023 | 57 |
| Adriana Paula Garbim De Barros | Executive Vice President - Commercial SMB and Long Tail | Senior Management | 2024 | 53 |
| Eduardo Wemelinger Lemos | Executive Vice President - Operations and Service | Senior Management | 2024 | 44 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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