LatamList – StoneCo, a Brazilian fintech, announced the merging of the company with Linx, a leading retail management software provider.
StoneCo provides fintech software to merchants to help them conduct commerce more effectively across multiple channels. The startup began as an integrated payments solution for online merchants, marketplaces, wallets, and sub acquirers.
Linx is a SaaS company that assists more than 70,000 clients across Brazil with retail management. Linx offers through its three products: Linx Core, Linx Digital, and Linx Pay Hub.
The two companies will work together to bring the highest quality payments technology, financial services, and customer support software to merchants across Brazil.
“We are excited to join efforts with Linx in this journey and are looking forward to combining Linx’s deep expertise in vertical software and omnichannel solutions with Stone’s powerful technology and financial services capabilities, our strong client-centric culture and powerful distribution channels,” said Thiago Piau, CEO of Stone.
Read more on the press release.