This is an interesting stock to look out for and I chance upon it while researching for up and coming companies that have potential to make it big in the future.
StoneCo Ltd. provides financial technology solutions that enable merchants and their partners to operate e-commerce in Brazil across in-store, online, and mobile channels. Just like Any Financial under Alibaba in China, Stone simplified the process of financial loans and finance for the general public, made it user friendly to the common folks and digitized the processes, making it the new age banks/financial istitutions of the future!
Imho, StoneCo is in prime position to capitalize on the anticipated expansion of the e-commerce industry as newer generation will adopt it's convenience and prefer it to traditional methods of banking.
Do take a look at StoneCo, you won't be disappointed.
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