Cumbuca

Cumbuca is a Brazilian fintech startup founded in 2021 and based in São Paulo. It offers a digital platform and mobile application designed for shared balance and expense management, targeting families, couples, friends, and colleagues with common expenses. The platform provides a shared group account experience, allowing users to create customizable groups for managing shared costs like household bills, groceries, and trips. It features a flexible permission system that promotes transparency and reduces conflicts over money. Cumbuca supports various payment methods, including Brazil’s real-time payment system Pix and payment cards. The company migrated its account management and payment card processing to a cloud-native platform, significantly increasing its transaction volume and enabling integration with major digital wallets like Apple Pay, Google Pay, and Samsung Pay. Additionally, Cumbuca serves as an infratech bank for developers, offering direct connectivity to Brazil’s Central Bank systems, including Open Finance and Pix APIs, facilitating the development of financial products.