What is Pismo?
Founded in 2016 in Brazil, Pismo provides a sophisticated, cloud-native platform designed to handle the complexities of modern banking and payment processing. By offering a modular, API-first architecture, the company enables financial institutions and fintechs to launch and scale products with unprecedented agility. Pismo's core value proposition lies in its ability to replace legacy systems with a flexible, scalable infrastructure that supports everything from core banking to card issuance and digital wallets. As the demand for digital-first financial services continues to surge, Pismo serves as a critical backbone for organizations seeking to modernize their operations and enhance customer experiences through high-performance, secure, and reliable technology solutions.
How much funding has Pismo raised?
Pismo has raised a total of $108M across 1 funding round:
Series B
$108M
Series B (2021): $108M with participation from Falabella Ventures, SoftBank Group Corp, Accel, Headline, and Amazon
Key Investors in Pismo
SoftBank Group Corp
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, artificial intelligence, and smart robotics, leveraging its Vision Fund to scale transformative businesses.
Accel
Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth, focusing on scaling innovative startups.
Amazon
Amazon is a global e-commerce and cloud computing leader that provides extensive infrastructure services through AWS, supporting the digital backbone of modern enterprise clients.
What's next for Pismo?
Following this major strategic investment, Pismo is poised to execute an aggressive growth strategy focused on international market penetration and product diversification. The company is expected to leverage this capital to enhance its engineering capabilities, expand its presence in key global markets, and deepen its integration with enterprise-level financial ecosystems. By maintaining its focus on cloud-native scalability, Pismo aims to set new standards for efficiency in the global payments industry, ensuring that its platform remains the preferred choice for institutions navigating the digital transformation of financial services.
See full Pismo company page
