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Contxto – Conta Azul (meaning “Blue Account” in Portuguese) is a Brazilian fintech startup connecting small businesses with financial services over its online management platform. Recently, the company announced 25 job vacancies in the states of Santa Catarina, São Paulo, and Porto Alegre.
New positions are available in technology, sales, customer service, finances, marketing, and human resources. By 2020, the company expects to grow 100 percent per year as it reportedly attracts 4,000 news customers a month.
The Santa Catarina-based company provides an expansive network of accountants to partners. Specifically, its product is a business management cloud platform connecting partners with over 10,000 partnering accounting offices. Clients can also efficiently organize finances with electronic invoicing, stock analysis, among other features.
Conta Azul began in 2011 among entrepreneurs Vinícius Roveda, José Sardagna, and João Zaratine. Since then, their startup has worked with over 800,000 companies and raised US$37 million in investments. Tiger Global led a Series D round worth US$30 million.
The startup also made its first acquisition in June 2018 when it bought out Wabbi. Since the company managed accounting firms, the acquisition complemented Conta Azul’s solution. According to one of the founders, the deal also wanted to help Wabbi improve its own processes.
“There is pressure in the market with offices becoming more digital, which has caused price cuts and fees,” said Roveda, one of the founders and president of Conta Azul. “The idea is to allow them to stop concentrating on routine tasks to work in a more strategic way.”
Coming up, Conta Azul will also hold a “D-Day” event in Porto Alegre from June 5 to June 6. According to reports, it is a free event for Brazilian accountants to discuss industry challenges and the future of the sector, paying particular attention to the need for technological improvements. Participants can expect lectures, workshops, training, and certification programs.