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Cielo S.A.

Company Detail

Description

Brazil's largest credit card processor Cielo offers electronic payment products and services, innovative solutions in complementary segments, and capturing, transmission, processing and settlement services involving credit and debit card transactions. It is Latin America's leader in electronic payment solutions and the world's fifth largest card payments processing company. With some 1.2mn active establishments, it provides service to 99% of Brazil. Founded in 1995 and based in Barueri, São Paulo, Cielo is jointly controlled by local groups Banco do Brasil and Bradesco with a 28.65% stake each.

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