Conta Simples
Conta Simples is a fintech company based in São Paulo, Brazil, offering a comprehensive financial platform tailored for startups and SMBs in Latin America, featuring corporate cards, expense management, and zero monthly fees for active users.
Locations and Headquarters
Conta Simples is headquartered in São Paulo, SP, Brazil. The company operates primarily within Brazil and the broader Latin American market, serving startups and small-to-medium-sized businesses (SMBs) in these regions.
Industry and Sub-industry
Conta Simples operates within the fintech industry, specifically focusing on banking and exchange services. Their platform combines checking accounts, expense management software, and corporate cards, providing comprehensive financial solutions for Latin American companies.
Y Combinator Batch
Conta Simples participated in Y Combinator's S20 batch. This involvement provided them with access to vital resources, mentorship, and networking opportunities, aiding their growth within the fintech sector.
Financial Platform Features
Conta Simples offers a financial platform that includes a variety of sophisticated features. These include free Pix transactions, bill payments, the issuance of multiple virtual cards, detailed expense reports, and insights for managing card purchases and controlling budgets. They provide multiple corporate cards with flexible limits and cashback on purchases made with these cards. Additionally, they allow for the creation of user profiles with customizable permissions.
Account Benefits and Fee Structure
Conta Simples provides a zero monthly fee option for accounts that use more than R$ 1,000 on their cards every 30 days. This offers businesses a cost-effective solution for managing their finances while benefiting from the platform's extensive features and services.
Regulatory Compliance
Conta Simples complies with the regulatory guidelines of the Central Bank of Brazil through Resolution BCB No. 96/21. This ensures that their operations meet the necessary legal standards, providing their users with a secure and reliable financial service.