Founded in 2012 and backed by Rocket Internet, payleven was a pioneer in the mobile payments sector in Brazil. The company offered a compact and affordable card reader that connected to a merchant's smartphone or tablet via Bluetooth, enabling them to accept debit and credit card payments anywhere. It was a major competitor in the burgeoning Brazilian fintech market. In April 2016, payleven merged with its European rival, SumUp. The combined entity continued its operations in Brazil under the SumUp brand, creating a global leader in the mobile point-of-sale industry.

Founded in

Brazil