Brazil · Banking startup

STARK BANK

STARK BANK is a Brazilian digital bank founded on July 26, 2018, in São Paulo.

Funding reportedLast round: Series B

BankingSao Paulo, Brazil

About STARK BANK

STARK BANK is a Brazilian digital bank founded on July 26, 2018, in São Paulo.

It focuses on providing innovative financial technology solutions for the B2B market, catering to startups, large corporations, and businesses of all sizes. The company aims to redefine financial management by eliminating bureaucracy and optimizing processes, establishing itself as a leader in the B2B banking sector. The bank offers a range of financial products, including corporate payments, corporate cards, electronic transfers, investment platforms, and e-commerce solutions. These services are designed to enhance efficiency and support sustainable growth for businesses. STARK BANK has achieved significant milestones, including securing over US$ 61 million in investments and becoming the first fintech in Brazil to receive credit ratings from all three major global rating agencies. The company is also preparing for international expansion, with plans to launch operations abroad by 2027.

What company datasets say STARK BANK raised

Funding, as reported

Reported in all61.1Min the source's currency
Rounds5
Last roundSeries B
Last round size45M
Last round dateApr 2022
Investors listed20
Valuation$500M, Oct 2024
Y CombinatorW20

On 4 portfolio pages

Investors who name them

Each firm lists STARK BANK on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

apidigital paymentsopen bankingpayment automationbrazilian enterprise fintechdigital banking for startupscorporate financetransferenciasautomated invoicingclient managementfinancial data securityinformation technology & servicescommercial bankingfinancial servicespagamentosfinance

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Sector
Banking
Industry code
NAICS 522110, SIC 6021
Region
State of Sao Paulo
Revenue
10M a year, as listed
Full record
Every detail in the company directory

Banking in Brazil

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