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Draft:StoneCo

From Wikipedia, the free encyclopedia
StoneCo
TypePublic company
NasdaqSTNE
IndustryFinancial technology, financial services
Founded2012; 14 years ago (2012), in Brazil
FoundersAndré Street, Eduardo Pontes
HeadquartersSão Paulo, Brazil (operations); Cayman Islands (registered)
Area served
Brazil
Key people
Pedro Zinner; Mateus Scherer (CEO, from 2026)
ProductsPayment processing; business banking; credit; retail software
BrandsStone, Ton, Pagar.me, Linx
Websitewww.stoneco.com.br

StoneCo Ltd. is a Brazilian financial technology company that provides payment processing, digital banking, credit and business software, primarily to small and medium-sized merchants in Brazil.[1] Its shares are listed on the Nasdaq under the ticker symbol STNE.[2]

History

[edit]

StoneCo was founded in 2012 by André Street and Eduardo Pontes as a payments company serving merchants.[1] In October 2018, the company raised about US$1.1 billion in an initial public offering on the Nasdaq, pricing its shares at US$24, above the indicated range; the stock rose about 30% on its first day of trading.[2][3] Investors in the offering included Berkshire Hathaway and Ant Group.[1]

Between 2025 and 2026, the company repositioned its consumer-facing Stone brand, shifting from an identity centred on card-payment terminals toward a broader ecosystem of financial services for entrepreneurs, including a business account, credit and cards, and launched a new visual identity in 2026.[4][5]

Operations

[edit]

In Brazil, StoneCo operates as a payment institution authorised by the Central Bank of Brazil and, through subsidiaries, holds direct-credit company (SCD) and finance-company (SCFI) authorisations supporting its banking and lending products.[6] Its brands include Stone, Ton, Pagar.me and Linx.

References

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  1. ^ a b c "Buffett-Backed StoneCo Sheds $22 Billion in Value Since Peaking". Bloomberg News. 17 November 2021. Retrieved 24 June 2026.
  2. ^ a b "StoneCo prices IPO at $24, above the range". Nasdaq. 24 October 2018. Retrieved 24 June 2026.
  3. ^ "US IPO Weekly Recap: Billion-dollar StoneCo IPO pops 30% despite market turmoil". Nasdaq. 26 October 2018. Retrieved 24 June 2026.
  4. ^ "Por que a Stone deixou de se definir pelas maquininhas de cartão". Finsiders Brasil (in Portuguese). 24 November 2025. Retrieved 24 June 2026.
  5. ^ "Stone acelera transição de maquininha para banco digital". Let's Money (in Portuguese). 8 April 2026. Retrieved 24 June 2026.
  6. ^ "Stone recebe permissão do BC para criar financeira com R$ 40 mi". CNN Brasil (in Portuguese). Retrieved 24 June 2026.