Insights

Digital currency pilot Elo is partnering on a groundbreaking pilot for Brazil's digital currency with offline capabilities, indicating a readiness to scale digital payments infrastructure and collaborate on state-of-the-art fintech initiatives.

Partnership leverage Recent partnerships with INETCO and IDEMIA suggest Elo is expanding its security, monitoring, and offline transaction capabilities, presenting opportunities to cross-sell advanced fraud prevention, transaction monitoring, and security solutions.

Large merchant network With millions of active cards and tens of thousands of merchants served, Elo offers a proven footprint for upselling payment acceptance, reconciliation, and merchant onboarding solutions to financial institutions and processors seeking scale.

Brazil-focused scale A 100% national operation and emphasis on Brazilian inclusion create a sales angle for localized compliance, regional risk management, and Brasil-centric payment innovations tailored to banks and fintechs operating in Brazil.

Tech-forward services Elo’s tech stack and modern development practices (Kubernetes, GitLab CI, ELK, Auth0, Jira, etc.) indicate potential for sell-in of cloud-native payment platforms, DevOps enablement, security tooling, and data analytics capabilities to enhance product development.

Similar companies to Elo

Elo Tech Stack

Elo uses 8 technology products and services including Twitter Ads, SAS, Kubernetes, and more. Explore Elo's tech stack below.

Elo's Email Address Formats

Elo uses at least 2 email formats:
Elo Email FormatsExamplePercentage
First.Last@elo.com.brJohn.Doe@elo.com.br
99%
First.Middle@elo.com.brJohn.Michael@elo.com.br
1%

Frequently Asked Questions

What is Elo's stock symbol?

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Elo is a publicly traded company; the company's stock symbol is VLD-WT.

What is Elo's official website and social media links?

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Elo's official website is elo.com.br and has social profiles on LinkedIn.

How much revenue does Elo generate?

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As of August 2026, Elo's annual revenue is estimated to be $1M - $10M.

What is Elo's SIC code and NAICS code?

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Elo's SIC code is 8299 - Schools and Educational Services, Not Elsewhere Classified and NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does Elo have currently?

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As of August 2026, Elo has approximately 1.1K employees across 5 continents, including South America, Europe and North America. Key team members include Chief Executive Officer: G. G., Cfo & Iro: M. T. and Cto: A. F. I. Explore Elo's employee directory with LeadIQ.

What industry does Elo belong to?

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Elo operates in the IT Services and IT Consulting industry.

What technology does Elo use?

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Elo's tech stack includes Twitter Ads, SAS, Kubernetes, GitLab CI, Elastic stack (ELK), Auth0, Atlassian Jira and WhatsApp Business.

What is Elo's email format?

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Elo's email format typically follows the pattern of First.Last@elo.com.br. Find more Elo email formats with LeadIQ.

When was Elo founded?

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Elo was founded in 2011.
Elo logo

Elo

IT Services and IT ConsultingSão Paulo, Brazil1001-5000 Employees

Elo is a Brazilian technology company operating in the IT services and IT consulting industry, headquartered in Barueri, São Paulo. It provides payment technology solutions designed for everyday use in Brazil and maintains a 100 percent national operation. The company reports more than 43 million active cards and partnerships with 38 issuing partners, reflecting its scale in the Brazilian payments ecosystem. Elo employs between 1,001 and 5,000 people. In 2025, Elo announced a pilot program for Brazil's digital currency in collaboration with IDEMIA Secure Transactions, and it formed partnerships with INETCO and Agility to advance payments monitoring and related capabilities.

Section iconCompany Overview

Website
elo.com.br
SIC Code
8299 - Schools and Educational Services, Not Elsewhere Classified
Stock Symbol
VLD-WT
NAICS Code
5415 - Computer Systems Design and Related Services
Founded
2011
Employees
1001-5000

Section iconFunding & Financials

  • $1M - $10M

    Elo's revenue is estimated to be in the range of $1M - $10M

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