Shutdown
Cumbuca phased out its B2C consumer app and pivoted fully to B2B infrastructure/proxy services after consumer monetization failed.
SourceBare-metal access to Brazil's Open Finance and Pix systems
Company research
Public company, workplace, funding, and market signals
Overview
Cumbuca is a São Paulo-based regulated payment institution and B2B fintech infrastructure company that provides a transparent proxy layer for direct access to Brazil’s Pix and Open Finance rails, letting clients build on the official APIs without needing their own license.
Primary product
Regulated Pix and Open Finance proxy infrastructure
Founded
2021
Headquarters
São Paulo, Brazil
Team size
11-50 employees
Industry
Financial Services
Sub-industry
Fintech infrastructure / payment initiation / Open Finance proxy
Offices
R. dos Pinheiros, 623, São Paulo, São Paulo 05422-011, Brazil
Business model
B2B infrastructure platform
contract-based enterprise SaaS
managed SaaS
BYOC/on-prem deployment
technical and legal consulting
Funding
Stage
Seed
Total raised
$3.1M
Latest round
Seed · Aug 2023
Latest amount
$3M
People & investors
Leadership
Founder & CEO
Co-founder, Ops
Founder & CTO
Head of Policy, Legal & Compliance
CFO & Partner
Nic Marcondes
Director of Open Finance
Work & culture
Publicly described culture emphasizes compliance-first execution, engineering rigor, transparency, precision, partnership, and having a team that has lived the same regulatory/infrastructure pain points as customers.
Product & market
Pricing
Custom enterprise contract pricing; not self-serve.
Differentiators
- —Direct regulated access to Pix and Open Finance under Cumbuca’s license
- —1:1 mapping to official APIs rather than an abstraction layer
- —Zero-lock-in certificate swap when clients obtain their own license
- —Embedded engineers support implementation
- —BYOC, on-premise, and managed SaaS deployment options
- —Compliance-first model with contractual data-use restrictions
Technology
Erlang/OTP
AWS
mTLS
JWS/PS256
Elixir
PostgreSQL
Redis
React Native
TypeScript
Python
R
GraphQL
Relay
Dagster
Docker
Terraform
HubSpot
Customers
Global fintechs entering Brazil
Companies outgrowing BaaS/OFaaS providers
Companies in the licensing queue
Credit companies
Payment orchestrators
E-commerce companies
PFM apps
Investment aggregators
Competitors
Belvo
Iniciador
Celcoin
Kubo Financiero
Finsus
Onward
Moss
Payhawk
Airwallex
Tide
Scale & contact
Estimated revenue
under $1M
Estimated monthly visits
4.1K
Traffic estimate as of May 2026
Signals & risks
Latest news
Financial IT · May 2026
Announces an MCP server that lets users connect bank data to AI assistants like Claude and ChatGPT through Open Finance consent flow.
The Fintech Times · Mar 2026
Profile of Cumbuca’s pivot to a compliance-first regulatory proxy, its culture, and its goal to become Brazil’s largest payment initiation and Open Finance data provider.
Startups · Dec 2025
Explains the pivot from B2C to B2B, notes the business became cash-flow positive, and describes the new proxy model and target customers.
BusinessWire · Dec 2025
Company launch announcement highlighting direct access to Brazil’s regulated payments ecosystem and its target market of international fintechs.
Finsiders Brasil · Nov 2024
Reports the launch of Pix Inteligente for users after Cumbuca obtained permission to operate as an ITP in Open Finance.
Jobs and careers at Cumbuca
0 jobs at Cumbuca
No open positions
Check back later for new openings