Conta Simples

Conta Simples, headquartered in São Paulo, Brazil, operates within the fintech industry, specifically in banking and exchange. The company, which has a team size of 130, serves startups and small to medium-sized businesses across Latin America. It provides a robust financial platform that integrates a checking account, expense management software, and corporate cards designed to streamline financial operations for businesses. Conta Simples offers several key features including multiple corporate cards with flexible limits, the ability to create user profiles with customizable permissions, and detailed expense reports that aid in budget control and card purchase management. Additionally, the platform supports free Pix transactions, bill payments, and the issuance of multiple virtual cards. For accounts that spend over R$ 1,000 every 30 days on their cards, Conta Simples waives the monthly fee. The company also incentivizes usage with cashback on purchases made with corporate cards. Adhering to local regulations, Conta Simples complies with the Central Bank of Brazil’s Resolution BCB No. 96/21. The company’s participation in Y Combinator’s S20 batch underscores its innovative approach and potential for growth within the fintech sector.