STNE Profile
StoneCo Ltd. is a Brazilian financial technology company that provides electronic payment processing solutions to merchants. The company was founded in 2012 and is based in São Paulo, Brazil. StoneCo offers a range of products and services, including card readers, payment processing software, mobile payments, and online payments. The company went public in October 2018 and is listed on the NASDAQ stock exchange under the ticker symbol "STNE". StoneCo has partnerships with major financial institutions in Brazil and serves over 700,000 merchants across the country. The company has a market capitalization of approximately $13 billion as of February 2023.
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