# Koin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/koin

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.koin.com.br/
- Total disclosed funding: $4.7M
- Latest round: Series A (Jan 9, 2018)
- Investors on record: 2

## About

Based in Sao Paulo, Brazil, and founded in 2014 by co-founders Ricardo Siqueira and Svante Westerberg, Koin Adm. Cartões e Meios de Pagamento Ltda., doing business as Koin, operates as a provider of payment platform that offers credit and installment payment services, allowing users to make online purchases. In March 2024, Koin raised USD 7.3 million in venture debt funding from Itaú Unibanco.

The company provides a payment platform that offers flexible installment payment options to corporate clients. The platform services include the ability to pay for purchases in up to 12 installments, both with and without a card, and offer a marketplace. Moreover, the firm offers solutions such as invoice management and integration with various stores. Additionally, the company also provides services such as sign-up without requiring a bank account and access to discounts through the Koin app.

## Funding rounds

- Series A, Jan 9, 2018, $4.7M — Speedinvest, IFC Venture Capital

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A
- IFC Venture Capital (https://capitalatlas.ai/funds/ifc-venture-capital) — Series A