StoneCo Ltd

StoneCo Ltd provides payment processing and financial services to small and medium-sized businesses (SMBs) and micro-entrepreneurs in Brazil.

The company sells card payment terminals, digital payment processing (including Pix), business bank accounts, and related financial management tools. It operates through three main brands: Stone (SMBs, integrated payments and banking app), Ton (micro-entrepreneurs and freelancers, low-cost card machines and accounts), and Pagar.me (e-commerce payment processing).

Revenue comes primarily from transaction fees on payments processed, plus fees on financial products like business accounts and cards. Customers are Brazilian merchants ranging from street vendors to mid-sized retailers.