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Cora profile

Who owns Cora?

traditional · São Paulo, BR · Payment institution · custody: Custodial

short answerCora is a payment institution, not a bank. Customer money is safeguarded in segregated accounts at partner banks rather than held as insured deposits. Cora's most notable disclosed backers include Greenoaks, Tiger Global, Kaszek and QED Investors.

Is Cora a licensed bank?

No — it is a payment institution. Licence detail: SCFI licence (Central Bank of Brazil, Jul 2024) + payment institution; formerly SCD.

Where is your money held?

Custody model: Custodial.

Cora runs on: Pismo (core banking platform). Full stack on the infra map.

Who's behind Cora?

Cora was founded by Igor Senra, Leo Mendes (2019), headquartered in São Paulo, BR.

Early investors

Notable venture and strategic investors from Cora's publicly disclosed funding rounds (~$200M raised).

Greenoaks ↗ Tiger Global ↗ Kaszek ↗ QED Investors ↗ Ribbit Capital ↗

Is my money safe with Cora?

As a payment institution, Cora safeguards funds in segregated accounts rather than insuring them as deposits. That protection works differently from a bank — money is generally not covered by deposit-guarantee schemes, though it must be ring-fenced from the company's own funds.

go deeperSee the full Cora profile with every verified field, or Cora alternatives. Raw fields: data.json.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.