# Cora: Financial services, Sao Paulo, Brazil

> Cora: Cora is Brazil's first digital bank dedicated to Small and Medium-sized Enterprises (SMEs), founded in 2019 by Igor Senra and Leonardo Mendes.

Source: https://millionrounds.com/startup/cora-3 (Millionrounds; every figure on the page links to its filing or article)

Brazil · [Financial services startup](https://millionrounds.com/companies)

# Cora

Cora is Brazil's first digital bank dedicated to Small and Medium-sized Enterprises (SMEs), founded in 2019 by Igor Senra and Leonardo Mendes.

Funding reported Last round: Undisclosed round

Financial services Sao Paulo, Brazil

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Company summary

- **Founded:** 2019 7 years old
- **Team:** 350 201 to 1,000 people
- **Funding reported:** 254.6M as listed, currency not stated
- **Last round:** Undisclosed round Sept 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cora has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cora

Cora is Brazil's first digital bank dedicated to Small and Medium-sized Enterprises (SMEs), founded in 2019 by Igor Senra and Leonardo Mendes.

Headquartered in São Paulo, Cora aims to democratize financial services for entrepreneurs often overlooked by traditional banks. The company has grown significantly, serving over 1.7 million clients and focusing on sustainable financial performance. Cora offers a range of financial services, including a zero-fee digital business account, flexible credit solutions, and advanced business analytics tools. Its platform allows for real-time financial tracking, instant payments through Brazil's Pix system, and customizable credit lines tailored to the specific needs of SMEs. Cora emphasizes simplicity and accessibility, providing practical solutions that help entrepreneurs manage their finances efficiently. With a commitment to innovation and sustainability, Cora positions itself as a vital partner for Brazilian businesses.

## What company datasets say Cora raised

Funding, as reported

Reported in all **254.6M** in the source's currency

Rounds **7**

Last round **Undisclosed round**

Last round size **116M**

Last round date **Sept 2021**

Investors listed **7**

## The company, in detail

What they build

Known for

business credit card sme credit solutions automated billing and collections consumers modelo de boleto atendimento 24/7 reserve financial management tools customizable financial tools transaction monitoring banking api payment automation enterprises cartão de crédito pj cloud banking platform cost-effective banking

Built with from their website

Yoast SEO GitHub Actions Google Cloud CDN Jira Service Management Docker Git HubSpot Sales Hub Google Tag Manager Looker Studio Front

+8 more

Google Sheets Hotjar Tableau WP-Oauth LiteSpeed Jetpack WordPress.org Salesforce CRM Analytics

- **Sector:** Financial services
- **Industry code:** NAICS 52232, 522110, SIC 6021
- **Region:** State of Sao Paulo
- **Revenue:** 60M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cora-2327ee9762)

## Financial services in Brazil

Startups like it

- [**ASAAS** Joinville · founded 2010 *Raised*](https://millionrounds.com/company/asaas)
- [**A5X** São Paulo · founded 2023 *Raised*](https://millionrounds.com/company/a5x)
- [**Credix** Sao Paulo · founded 2021 *Raised*](https://millionrounds.com/company/credix)
- [**QI Tech** Sao Paulo · founded 2018 *Raised*](https://millionrounds.com/company/qi-tech)
- [**Agrolend** Sao Paulo · founded 2020 *Raised*](https://millionrounds.com/company/agrolend)
- [**Makasí** Curitiba · founded 2023 *Raised*](https://millionrounds.com/company/makasi)
- [**EBANX** founded 2012 *Raised*](https://millionrounds.com/company/ebanx)
- [**Pagaleve** Sao Paulo · founded 2021 *Raised*](https://millionrounds.com/company/pagaleve)

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