Company Information

Get to know Alelo Brasil

Founded in 2003 by Banco do Brasil and Bradesco, Alelo is a leading Brazilian company in the corporate benefits and incentives sector. The company's mission is to provide solutions that simplify company management and improve the daily lives of employees through a wide range of benefit cards, including Meal, Food, Multibenefits, Culture, and Mobility. Alelo operates within the framework of the Brazilian Worker's Food Program (PAT) and has expanded its services to include fleet management and expense management solutions, serving millions of users and a vast network of commercial establishments across Brazil.

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Financial Electronic PaymentPRIMARY
Financial Other Service

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Alelo Brasil

Brazil

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.