Corporate Profile

Our business model

We operate in two complementary segments, each with its own operating company: Banking Objects, through Flash Courier, and Transportation, through Carriers. In both cases, the model is asset-light: deliveries are made by a network of exclusive franchises and transportation partners, while the Company concentrates technology, sorting, management and client relationships. Revenue comes from recurring contracts with large companies, paid per item delivered or per project.

Gross revenue breakdown – 2Q26

Banking Objects · R$137.8M · 87%
13%

Transportation: R$19.7M (13%). Total of R$157.6M, excluding the discontinued e-commerce operation. Source: 2Q26 Earnings Release.

BANKING OBJECTSFlash Courier

Cards, POS terminals and documents, door to door

We are Brazil’s leading private operator in banking object logistics, with about 60% share among private couriers. We receive items from clients, sort them at our automated hub and hand-deliver them to recipients, with proof of delivery and real-time tracking.

  • Cards and documents: credit, debit and benefit cards, documents and tags
  • POS equipment: delivery and reverse logistics of POS terminals
  • Benefits and health: benefit cards and kits
  • Integrated management: outbound telemarketing, delivery process management and returns
21.2Mdeliveries in 2Q26
412exclusive franchises
96.6%SLA (Apr/26)
152active clients

Visit the Flash Courier website →

TRANSPORTATIONCarriers

Dedicated transportation for large companies

We operate recurring road transportation contracts on defined routes, paid per project or charter. This means the Company does not bear vehicle occupancy risk and grows selectively, with a broad network of partners across the country.

  • Full truckload (FTL): defined routes for large volumes
  • Milk run: scheduled pickups at multiple points
  • Dedicated operations: fleet and team assigned to the client
  • Express: urgent, high-value deliveries
R$19.7Mgross revenue in 2Q26
400+registered partners

How a banking object delivery works

01PickupWe receive items from the bank, fintech or payment processor, integrated via API.
02SortingA hub with 3 sorters and 140 AGVs performs up to 378,000 routings per day.
03DistributionBatches go to 412 exclusive franchises in 1,632 cities.
04DeliveryMore than 5,000 couriers hand-deliver, with AI-based proof of delivery.
05ReturnReal-time status for the client and controlled return of undelivered items.
Proprietary technologyIn-house platform with routing, a data lake for shipment tracking and online APIs for clients.
SecurityEnd-to-end tracking, a dedicated fraud prevention team and LGPD (Brazilian data protection law) compliance.
Service level96.6% SLA and 2.4-day average delivery time in April 2026.
RelationshipsAverage relationship of more than 12 years with Brazil’s largest private banks.