StoneCo Ltd. (NASDAQ: STNE)
Information Technology Services · São Paulo, Brazil · Founded 2012
- Market capitalization: $5.0 billion
- Annual revenue: $3.0 billion
- Net income: $0.3 billion
- Employees: 15,000
- Sector: Technology
- Headquarters: São Paulo, Brazil
- Founded: 2012
Source: Statvoo company profile for StoneCo Ltd.. Browse all 500+ companies
StoneCo is a Brazilian fintech providing payment processing, banking, and software solutions to small and medium businesses. They're one of the key players disrupting Brazil's traditional banking oligopoly. Warren Buffett's Berkshire Hathaway was an early investor, which gave them instant credibility.
Transaction fees on payment processing (card acquiring), plus software subscriptions and banking services (credit, insurance, deposits). The strategy is to become the one-stop financial platform for Brazilian SMBs, bundling payments with banking and software.
Founded in 2012 by André Street and Eduardo Pontes, StoneCo went public on the Nasdaq in 2018 with Buffett's backing. The company's credit business blew up in 2021, causing massive losses and a stock crash. They've since rebuilt the credit operation with tighter underwriting.
| Market Capitalization | $5.0B |
| Annual Revenue | $3.0B |
| Net Income | $0.3B |
| Profit Margin | 10% |
| Revenue per Employee | $200000K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | STNE |
Financial data is approximate and based on most recent annual filings.
Berkshire Hathaway invested in StoneCo's IPO — one of the few fintech investments Buffett has ever made. The company's green payment terminals became so ubiquitous in Brazil that "Stone" became a verb for card payments in some regions.
StoneCo's recovery from the credit debacle has been impressive. The Brazilian SMB fintech opportunity is enormous, and they're better positioned than ever to capture it.
What is StoneCo Ltd.'s revenue?
StoneCo Ltd. generates approximately $3.0 billion in annual revenue.
How many employees does StoneCo Ltd. have?
StoneCo Ltd. employs approximately 15,000 people worldwide.
What is StoneCo Ltd.'s market cap?
StoneCo Ltd. (STNE) has a market capitalization of approximately $5.0 billion on the NASDAQ.
When was StoneCo Ltd. founded?
StoneCo Ltd. was founded in 2012 and is headquartered in São Paulo, Brazil.
Who is the CEO of StoneCo Ltd.?
Pedro Zinner is the current CEO of StoneCo Ltd..
What is StoneCo Ltd.'s website?
StoneCo Ltd.'s official website is stone.co.
| CEO | Pedro Zinner |
| Sector | Technology |
| Industry | Information Technology Services |
| Founded | 2012 |
| HQ | São Paulo |
| Country | Brazil |
| Website | stone.co |