OnlyPay receives investment from Gard2n to grow

With more than R$700 million in financial transactions and 300,000 cards issued, OnlyPay aims to reach R$2 billion in transactions in five years.
Onlypay Receives Investment From Gard2n To Grow
Onlypay Recibe Inversion De Gard2n Para Crecer

This investment marks a turning point for OnlyPay, which seeks to solve a chronic problem for companies related to the payment of incentives and bonuses, involving departments such as marketing, finance and human resources.

OnlyPay’s founder, Ana Borges, will focus on recruiting talent and developing innovative technologies and products, with Gard2n’s active support in managing and optimizing the operation. The vision is to expand into new markets in Latin America and the United States from 2024, capitalizing on the opportunity to be one of the few players to offer a complete solution in the corporate bonus space.

Gard2n’s involvement goes beyond capital; its partners are immersed in the day-to-day management of OnlyPay, with Barros on the Executive Board of Directors and other partners taking on financial and project management roles. This first investment by Gard2n reflects its long-term and collaborative approach, looking for innovative businesses and creative solutions for sustainable growth, without worrying about immediate exits. With this new partnership, OnlyPay is poised to scale and lead the incentive and bonus payments market.

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