Stone is a Brazilian payments company that provides credit to small and mid-sized companies. It secured 295 million reais (about $53.4 million) in financing from IDB Invest to expand its credit offerings. The funds are earmarked to reach remote parts of the Legal Amazon and support business development across nine states, including initiatives aimed at women entrepreneurs. IDB Invest will also assist Stone in developing products tailored for women in remote areas such as the Amazon. Reuters reports the transaction was initiated over a year ago, before discussions about U.S. tariffs on Brazil. Stone describes the financing as a way to reach 'deep Brazil,' communities facing poverty, deforestation, illegal mining, land conflicts and governance challenges. Stone is a Brazilian fintech led by CEO Ilias Rigopoulos that specializes in receivables-anticipation services for MSMEs. The company secured a $467.5 million financing commitment from the U.S. Development Finance Corporation (DFC). The funds will be used to enhance receivables-anticipation offerings to improve cash flow and reduce default risks for small merchants. The financing is structured as a loan with a seven-year term and an initial six-month disbursement period. Stone’s strategy with the funding emphasizes support for businesses led by women or with majority female workforces, particularly in Brazil’s North and Northeast regions. The article notes strong demand for receivables solutions, with many of Stone’s clients already prepaying credit-card receivables in full, underscoring the market need the funding aims to address.

Total raised

$521M

Funding rounds

2

Latest round

Equity

Latest activity

Aug 2025