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ACTIVE
Klavi
Open banking APIs
Sector
Business Model
Headquarters
Portfolio
Founders
Fintech
SaaS
São Paulo – Brazil
Iporanga Early Stage II
Bruno Chan, Stone Zheng
About
Bruno and Stone met in China in 2018 and developed the idea of replicating mature technology models that were successful in China and the US to try to solve real problems in Brazil, taking advantage of Chinese technology and know-how.
They have developed banking connections with the biggest institutions in Brazil to facilitate the transfer of financial data from a person in an institution to any company. The first product they created was an expense management application, which still exists, but the market demand for these banking connections was so great at the end of 2019 that they chose to pivot to B2B by offering these connections to businesses and partners. Today, the company connects banks, brokerages and shared savings applications, and has leading clients from various market segments. In addition to providing connections, the company also creates value for its customers by helping with data reading, risk analysis by applying advanced AI and machine learning techniques.
Founders Trajectory
Bruno Chan is Brazilian with Chinese descent. He attended college in the United States and lived in China from 2010 to 2019 where he was an entrepreneur, did a MBA and worked in a venture capital fund. He loves playing all sports and loves chess.
Stone Zheng is Chinese. He studied business and has a master’s degree in telecommunications at HKUST. He worked in Hong Kong for 9 years, returned to China to work as an anti-fraud leader at Uber, and eventually became COO at 51 Credit Card. He loves sports, travel and movies.
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