Under this revolving securitisation facility, a Luxembourg multi-compartment securitisation fund (established as a fiduciary estate and governed by the Luxembourg Securitisation Law) obtained funding from DFC in order to finance the acquisition by StoneCo. of accounts receivables due by over twenty different non-systemic important Brazilian financial institutions that are credit card issuers, on a non-recourse basis. This securitisation facility will further strengthen Stone's ability to offer prepayment of receivables to micro, small, and medium-sized businesses (MSMBs), which use the solution to optimize cash flow, financial flexibility and improve management.

This new transaction reinforces Stone's commitment to strengthening the entrepreneurship ecosystem in Brazil, focusing on supporting developing communities and Brazilian businesses that are women-led or have the majority of the workforce composed of women.

With this deal, Stone is also pledging to become part of the 2X Global Challenge, not only because of the focus on supporting businesses with women ownership or with the majority of their workforce being women but committing to certain KPI reports in our workforce and leadership.

Our teams assisted on all Luxembourg securitisation, fund and tax related aspects and Dutch aspects of the transaction.

StoneCo is a leading provider of financial technology and software solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses.