CIP logo — Empowering financial stability and innovation through secure...

CIP

Empowering financial stability and innovation through secure, reliable, and efficient payment solutions.

Founded 2001 51-200 employees Financial Services, Fintech +1

General Information

Company Name CIP
Founded Year 2001
Employees 51-200
Industries Financial Services, Fintech, Banking
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About CIP

CIP (Clearingban) is a non-profit civil association integrated into the Brazilian Payment System (SPB). Founded in 2001, CIP has been a pioneering force in empowering financial stability and innovation through secure, reliable, and efficient payment solutions in the Financial Services, Fintech, and Banking industries. With a track record of 15 years in operation, CIP has processed over 3.2 billion transactions in Brazil in 2015, amounting to over R $ 7.7 trillion in settlements, which equates to 1.31% of the country's GDP. CIP originated as Clearingban on April 10, 2001, offering essential solutions like the SITRAF (Fund Transfer System) to facilitate TEDs (Electronic Transfer Available), responding to the growing need for more robust and sophisticated payment systems in a globalized economy. Notably, CIP is a pioneer and leading authority in the industry, offering meticulously monitored systems with ISO 27.001 certification for Information Security and ISO 22301 for Business Continuity - making it one of the first organizations in Brazil to attain these certifications. The company's comprehensive redundancy in its environments ensures reliability, availability, and security, providing efficiency for its participants' businesses. The impact of CIP's offerings extends to various institutions such as banks, accreditors, registry offices, funds, database managers, the State Government of São Paulo, and the general public, all benefiting directly from CIP's robust, reliable, and secure payment solutions and services. Additionally, CIP has gained global recognition and actively participates in international events, showcasing its services, learning from other market practices, and promoting improved payment methods worldwide. The company is a member of the IPFA - International Payments Framework Association, the Latin Association of Compensation Chambers, and the Global Payments Forum.

Taxonomy: Payment Solutions, Financial Stability, Non-profit Association, Brazilian Payment System, Transaction Processing, Information Security, Business Continuity, Global Payments, Financial Market Development, ISO Certification, International Events Participation, Redundancy Systems, Market Practices, Interconnected Financial Markets, Electronic Transfers

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FAQ About CIP

Empowering financial stability and innovation through secure, reliable, and efficient payment solutions.
CIP was founded in 2001.
CIP operates in the following industries: Financial Services, Fintech, Banking.
CIP has approximately 51-200 employees.
Top alternatives and competitors to CIP include Finductive Ltd, Transactis France, FINWEG, Montran, Transact Pro. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CIP and Finductive Ltd are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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