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Elo is one of Brazil’s leading payment
technology companies. Founded in
2011 with a focus on debit and credit
cards, Elo has expanded over the years
into areas such as tokenisation, fraud
prevention, and data consultancy.
By entering this segment, Elo expects to transact By moving into this strategic sector of the green
150 projects by 2030, with tokenisation potential of economy, Elo is expanding its role beyond
approximately 70 million tonnes of CO2 per year. payment methods, consolidating itself as a
The company estimates it could move more than technology company committed to sustainability,
R$25 billion (~USD 4.9 billion) in credits by the end with robust processes for verifying and certifying
of the decade. projects and the credits they generate — further
strengthening the platform’s transparency and
The platform offers a complete digital journey, credibility.
from origin to the commercialisation of carbon
credits. This includes the onboarding of buyers
“
and sellers, through to the so-called “retirement”
of credits, encompassing all steps such as
submission of the Project Description Document
(PDD), project due diligence, and blockchain-
based registration and tokenisation of credits. We are applying our expertise in
connecting buyers and sellers,
Since its launch, Elo Eco has evolved from a developed in the card payments
tokenisation platform into a complete digital sector, to foster an efficient and
marketplace connecting buyers and sellers.
transparent model for the carbon
The platform now offers access to a diversified
credit market. Tokenisation
portfolio of carbon credit projects, including forest
is crucial, as it guarantees
conservation and renewable energy projects, and
is preparing to incorporate additional nature- traceability, security and
based solutions in the near future, enabling scalability for operations. ”
organisations to build carbon strategies aligned
Giancarlo Greco, CEO of Elo
with different sustainability objectives.
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