BVMF
CIEL3
Market cap3.08bUSD
Aug 26, Last price
5.83BRL
Name
CIELO SA Instituicao de Pagamento
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Profile
Cielo S.A. is a prominent Brazilian provider of payment solutions, offering a comprehensive suite of services through its various subsidiaries. The company specializes in facilitating payment acceptance for merchants and service providers, encompassing a wide array of credit, debit, and alternative payment methods. Its core operations include onboarding new businesses, managing the deployment and upkeep of point-of-sale (POS) terminals, and overseeing the capture and processing of both electronic and manual transactions. Beyond these fundamental services, Cielo also delivers data transmission capabilities for mobile and fixed phone credits, prepaid transportation, and mobile payment systems. The company engages in software development and licensing, processes electronic transactions, provides internet-based IT services for managing accounts payable and receivable, and offers data processing and support for medical enterprises. Founded in 1995, the company was initially known as Companhia Brasileira de Meios de Pagamento before officially rebranding to Cielo S.A. in December 2009, with its headquarters located in Barueri, Brazil.
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