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How One Bold FinTech Startup From Latin America Plans to End Traditional Identification

After 10 years of leading a successful business with revenues of R$ 50 million, Diego Martins, CEO of Acesso, decided to reinvent his business with the aim of challenging one of the oldest and most deeply rooted institutions in Brazil’s public and private sectors: paper bureaucracy. Acesso believes that people don’t need to present documentation to make a purchase or to open a bank account, for example.

Acesso was created in 2007 to scan business records. At the time, most of the documentation traffic between companies’ branches and their headquarters was done physically in Brazil. In 2010 Acesso introduced an image-capture solution for scanning these files, which were then stored online.

What if the paper ends?

In 2013, Martins attended a lecture at Stanford University a ...

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