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How one Brazilian startup’s pivot to corporate cards has paid off

Portão 3 was founded as a corporate travel startup in 2020 and had released its product just as COVID hit Latin America and “all airports closed,” recalls co-founder Bianca Pereira.
Although the timing was “terrible,” she said, the company didn’t give up.
Pereira and fellow founder Fernando Nery concluded that the software that Portão had built could still be used to help enterprise businesses with corporate spend generally.
“We also realized that corporate cards are a great tool,” Pereira, a serial entrepreneur and former Cargill employee, told TechCrunch. “However, CFOs in Brazil hate them,

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