Cora

Cora is a Brazilian digital provider of business accounts. The legal provider is Cora Sociedade de Crédito, Financiamento e Investimento S.A., a regulated non-bank financial institution (SCFI), so Cora is not presented as a universal deposit bank. The company lists CNPJ 37.880.206/0001-63 and an address at Rua Frei Caneca 1246 in São Paulo.

Account and payments

The Conta PJ is denominated in BRL and supports Pix, TED and boleto, together with spending-control tools. According to Cora, no account maintenance fee is advertised for the standard Conta PJ. The provider states authorisation from Banco Central do Brasil.

Onboarding

Applicants supply CPF and CNPJ numbers, company and address details, personal identification and a selfie. The product page states that a decision is sent by email within up to five business days, subject to approval.

Who it suits

The account suits Brazilian companies and entrepreneurs that want a fully digital current account with the main local payment methods, including boleto for issuing and receiving bills, without visiting a branch. Cards, credit and other limits are not described in the profile, and companies that depend on them should ask the provider.