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Open Banking pioneer & leading Personal Finance Platform in Brazil51-200 Employees
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Open Banking pioneer & leading Personal Finance Platform in Brazil
Guiabolso is the fintech that transformed the Brazilian financial system by pioneering Open Banking, to bring the benefits of open financial data access and analytics to millions of consumers and a portfolio of corporate customers. In July 2021, the company was acquired by large Brazilian fintech PicPay to accelerate their open banking and financial marketplace initiatives.
Launched in 2014, the Guiabolso app leveraged the huge amount of granular financial data obtained from its 6M users to power consumer solutions of consolidated financial management, an in-app curated product marketplace and instant payment capabilities, while providing product partners access to unique segmenting and scoring capabilities. In addition, Guiabolso was the first company in Brazil with a fully launched and calibrated end-to-end Open Banking solution for B2B clients, going beyond just bank account data aggregation to offer modular value-add solutions such as advanced analytics, a white-label marketplace, and personal financial management features.
The company was founded in 2012 by Thiago Alvarez and Benjamin Gleason, two friends who met at McKinsey and aspired to use innovative technology and a focus on consumer impact to improve the lives of Brazilians and transform the financial system. Guiabolso raised five funding rounds, with backing from investors such as Ribbit Capital, Kaszek Ventures, IFC (World Bank), VEF, QED Investors, Valor Capital, Flourish (Omidyar) and Credit Karma.
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Avatar for Benjamin Gleason
Founder @Guiabolso, Co-Founded @SalesVu • Was MD & CFO @Groupon Brazil, Manager @McKinsey • Studied @Wharton School MBA
Thiago Alvarez
Avatar for Thiago Alvarez
Founder GuiaBolso • was Senior Manager at @McKinsey & Co, Director Alfasol/UNESCO • worked at @Accenture • MSc at @Puc Sp
Valuation

$0

Funded over

5 rounds

Latest round

Series D (Sep 2017)

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