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CIP

Av. Brigadeiro Faria Lima, 1.485, 9º andar, Torre Norte, São Paulo, SP, 01452-002, Brazil

Overview

CIP, a non-profit civil association, is part of the Brazilian Payment System (SPB). With 15 years of existence, it has in its portfolio solutions and services that contribute to the development of the financial market and society. In 2015 alone, CIP processed more than 3.2 billion transactions in the country, totaling over R $ 7.7 trillion settled, which corresponds to 1.31 of Brazil's GDP. Created on April 10, 2001, as Clearingban, CIP began operations with the SITRAF (Fund Transfer System) for settlement of TEDs (Electronic Transfer Available). At the time, the increasing globalization of the economy and the interdependence of the financial markets began to demand stricter and more sophisticated bases for the payment system. CIP's solutions and services provide reliability, availability and security to the financial market and all the systems in the organization that are monitored operate with availability that ensures efficiency to the business of its Participants. Numerous institutions directly use CIP's solutions and services, such as banks, accreditors, registry offices, funds, database managers, the state government of São Paulo and the public in general, among others. CIP has complete redundancy of its environments and is certified by ISO 27.001 - Information Security and ISO 22301 - Business Continuity, being one of the first organizations to guarantee these certifications in Brazil. Internationally recognized, CIP participates in events outside the country to present its services and solutions, to learn about other market practices and to promote the improvement of means of payment in the world. The institution is a member of the IPFA - International Payments Framework Association, of the Latin Association of Compensation Chambers, of the Global Payments Forum.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
1

Sector focus

  • Banking
  • Financial Services
  • FinTech
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Investment portfolio

  • Klavi

    Participated · Series A · Aug 2022

    Klavi, founded in 2020 by Bruno Chan and Stone Zheng and based in São Paulo, provides a SaaS platform that aggregates data, performs analytics, and exposes APIs for clients across financial services. Its client roster includes BV, Telefônica, Mepoupe, CIP S.A., Gorila, Jeitto, Supersim, Simplic, Portocred and Zippi. The platform has processed over 450 million transactions and completed more than 4 million connections with financial institutions, bureaus, fintechs and startups. Klavi plans to use the Series A proceeds to bolster its technology stack, expand data-processing capabilities, and develop new B2B products. The company positions itself as an infrastructure provider for financial data and integrations as it scales product offerings.

Team