RIO DE JANEIRO, BRAZIL - The open financial services platform Celcoin announced on Friday that it had received a R$55 (US$11) million investment led by Torq Ventures, joined by Vox Capital and boostLab, the technology investment arm of BTG Pactual.
What does small trader Helton Ferreira from a neighborhood on the outskirts of Fortaleza have in common with Brazil's fintech sensations like Nubank and Stone?
They are all connected to the Celcoin system.
Founded in 2016 by Marcelo França and Adriano Meirinho, the startup has developed a cloud platform that enables water, electricity, telephone, and tax bills . . .
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