Iugu Payment Institution S/A
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Iugu Payment Institution S/A - overview
Established
2012
Location
Sao Paulo, -, Brazil
Primary Industry
Software
About
Founded in 2012 and based in Sao Paolo, Iugu Payment Institution S/A, also known as Iugu, operates as a financial technology company that offers software solutions. In November 2023, Iugu Payment Institution S/A raised BRL 71. 25 million in venture debt funding led by Bradesco BBI. As of 2024, the company is led by its CEO, Renato Fairbanks.
Iugu offers a financial services platform that helps businesses automate their payment collections and manage their cash flow. The firm’s product line includes iugu billing, a payment gateway that automates businesses’s finances and allows businesses to receive payments through multiple methods, including Pix, Boleto, Carnê, and Credit Card; iugu recurring billing platform, an automated recurring billing platform for plan and subscription management; iugu's payment split platform, which allows businesses to automatically divide payments among multiple parties; and many more. The company monetizes on subscription-based pricing plans, and the plans include Essential Iugu (BRL 149/month), Essential Iugu + Split (BRL 649/month), and Iugu Engine. The company plans to use the funds raised in November 2023 to further expand its business and growth.
Current Investors
Indicator Capital, Goldman Sachs Asset Management, Smart Money Ventures
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Application Integration Software
Website
www.iugu.com
Verticals
Cloud Computing, FinTech
Company Stage
Series A
Total Amount Raised
Subscriber access only
Iugu Payment Institution S/A - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Co-founder & Director of Operations and Board Member | BM |
BM Board Member
Want to see more?
Request a demo for full access to this profile
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.