STNE - Mergers and acquisitions

GEORGE TOWN, Grand Cayman, Dec. 18, 2023 (GLOBE NEWSWIRE) -- StoneCo Ltd. (NASDAQ:STNE, B3: STOC31))) ("Stone" or "the Company") announced that it has obtained a commitment of US$467.5 million in the form of a revolving securitization facility from the United States International Development Finance Corporation (DFC), an agency of the United States government. The facility, which has a final maturity of seven years, and a six-month availability period, acquires accounts receivables due by over twenty different non-systemic important Brazilian financial institutions that are credit card issuers, on a non-recourse basis. It will further strengthen Stone's ability to offer prepayment of recei

The company reaches another milestone in its trajectory to offer the most complete technological platform for entrepreneurs SÃO PAULO, April 6, 2023 /PRNewswire/ -- On Thursday (6), Stone (NASDAQ:STNE) announced the arrival of Luiz André Barroso to the Board of Directors. Building on the purpose of serving entrepreneurs with a complete technology platform, Stone takes another important step on the path to consolidate itself as a big tech without losing its startup essence. Barroso, a former VP at Google, joins the Board and will help setting the guidelines for the company's technological performance to increasingly differentiate Stone in the market, leading industry innovations and going far