Case Study

How Cora built its feature-rich digital bank for SMEs with Pismo

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About this content

The Cora banking app offers small and medium enterprises digital accounts, loans, credit cards, and tools to manage billing, payments, and cash flow

What you will find:

Read this business case to discover:

  • The story behind Cora, an innovative bank for small and medium enterprises (SMEs) in Brazil
  • How Cora is growing fast by cutting down paperwork and offering free services and attractive interest rates for SMEs
  • The tools Cora developed to help SMEs easily manage billing, payments, and cash flow
  • How the Pismo platform, hosted on Amazon Web Services (AWS), integrates Cora’s core banking system with Visa and card embossers


Case study overview:

  • Brazilian SME leaders frequently have difficulty getting loans at a reasonable interest rate and finding financial services tailored to their needs. 
  • Seeing an opportunity in this situation, three experienced entrepreneurs founded Cora, a bank for SMEs, in 2019. 
  • Cora enables SMEs to issue payment slips and receive money free of charge. It also offers them loans and credit cards.
  • The bank started operations in 2020 and already has more than 500,000 account holders. Its app is rated 4.9 on Apple’s App Store and 4.5 on Google Play.

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