Finsiders Brasil · Mar 2025
Pluggy received authorization to operate as an ITP via Pix in Brazil, becoming the 51st certified institution for the service; the article also notes it serves 150+ clients and previously got IP approval in June 2024.
Plaid for Brazil: we allow developers to access users' financial data
Company research
Public company, workplace, funding, and market signals
Overview
Brazilian Open Finance infrastructure company that provides a single API for financial data aggregation, enrichment, and payment initiation for businesses; regulated as an ITP by Brazil’s Central Bank and backed by Y Combinator.
Primary product
Open Finance API platform for data aggregation, data enrichment, and payment initiation
Founded
2019
Headquarters
São Paulo, São Paulo, Brazil
Team size
11-50
Work style
Flexible
Industry
Financial Technology
Sub-industry
Open Finance infrastructure / banking API
Offices
São Paulo, Brazil
Buenos Aires, Argentina
Business model
B2B API platform
enterprise SaaS
developer toolkit / freemium
embedded finance / payment initiation
Funding
Stage
Seed
Total raised
$3.6M
Latest round
Angel · Feb 2025
Latest amount
$80K
People & investors
Leadership
CEO & Co-founder
Chief Technology Officer
Co-founder
Co-founder
Chief Product Officer
Head of Marketing & Growth
Founders
Co-founder
Work & culture
Developer-first, mission-driven culture focused on building the future of Open Finance, with stated values around ownership, transparency, fast execution, and continuous improvement.
Work style
Flexible
Compensation
Public compensation details are limited; the jobs page advertises an equity compensation plan, but no salary bands were found publicly.
Benefits
Equipment and tools provided
Annual learning budget
Equity compensation plan
Flexible time off
Virtual and in-person team events
Product & market
Pricing
Sales-led / custom quote for most products, with limited public self-serve pricing on select offerings such as Pix Automatic (public monthly pricing shown)
Differentiators
- —Single API for multiple Brazilian financial institutions
- —Regulated by the Central Bank of Brazil as an ITP
- —Data enrichment plus payment initiation in one platform
- —Developer-first docs, SDKs, quickstarts, and sandbox tooling
- —Stable API contract that absorbs bank-side changes
- —Strong Open Finance coverage in Brazil
Technology
REST API
JSON
HTTPS / TLSv1.2+
webhooks
API keys
connect tokens
Node.js SDK
Java SDK
.NET SDK
JavaScript SDK
React
Flutter
Next.js
iOS
Android
Customers
Sicredi
MarketUP
Kinvo
large banks
small startups
ERP and financial software companies
Competitors
Belvo
Klavi
Quanto
TrueLayer
M2P Fintech
Pine Labs
Scale & contact
Estimated revenue
$1.8M-$5M
Estimated monthly visits
440K
Traffic estimate as of Jun 2026
Latest news
The Paypers · Jul 2024
Pluggy launched batch payments inside Open Finance, using its ITP license; three clients were preparing to launch and dozens were testing the feature.
Universo do Seguro · Jul 2024
The company said it had reached breakeven after four years, surpassed R$5 million in revenue between 2020 and 2024, and was expanding into embedded finance with batch payments.
Sicredi · Oct 2022
Sicredi announced a partnership with Pluggy to enrich Open Finance data for PFM and more personalized offers across its cooperative network.
Finsiders Brasil · May 2022
Pluggy closed an extension of its pre-seed round, bringing total fundraising in that cycle to about R$10 million, with Y Combinator, Gávea Angels, Plug and Play, and Urca Angels among the named investors.
Jobs and careers at Pluggy
0 jobs at Pluggy
No open positions
Check back later for new openings