{
  "id": 608556,
  "title": "Bemobi moves into condominiums, opening a new vertical in payments",
  "url": "https://urgent.news/2026/08/11/bemobi-entra-em-condominios-abrindo-uma-nova-vertical-em-pagamentos",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-11T21:33:50.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/bemobi-entra-em-condominios-abrindo-uma-nova-vertical-em-pagamentos/"
  },
  "original_language": "pt",
  "account": "Bemobi is opening a new vertical within its payments business – a big bet for the company for the next few years, which already accounts for about 70% of revenue. The company said today it will start serving residential condominium administrators and has already closed a first contract with Apsa – the third largest in Brazil, which manages over seven thousand properties. This move is part of the strategic change that Bemobi has been implementing for about four years. The company was born distributing mobile games and applications through a subscription platform sold to prepaid customers of telecom operators in over 60 countries. Before Bemobi's IPO in February 2021, this vertical accounted for more than 90% of the business. Now – after the accelerated growth of the payment solution, created in 2022 – it represents only 30%.\n\nBemobi's payment solution is embedded in companies' websites, allowing essential sectors with monthly bills to offer PIX and credit cards as payment methods – with different modalities, including installment plans and payments through customer wallets. In theory, this generates differentiation for these companies and a closer relationship with the customer – who until recently could only pay bills using a boleto. The first sector that Bemobi targeted was telecom, given its relationship with operators. Subsequently, it entered the energy distribution, sanitation, and more recently, education and health sectors, serving companies such as Yduqs and Hapvida.\n\n“After these segments, we started thinking about what other large bill that almost everyone pays, and we arrived at condominiums,” CEO Pedro Ripper told Brazil Journal. “It's a gigantic market, which moves over R$ 100 billion per year, and where there is little differentiation between administrators. Nine out of ten people don't even know the name of their condominium administrator,” he said.\n\nRipper noted, however, that the segment is extremely fragmented – no player has more than 2% market share – which makes expansion more complicated than in sectors such as utilities. “In condominiums, to capture some tens of billions of market, I will have to sell to hundreds of administrators. It's a different playbook than what we're used to, and that's why we're entering with more caution,” he said.\n\nThe announcement of the new segment came along with the disclosure of the second quarter results. Bemobi reported 30% growth in top line to R$ 227 million – driven mainly by payments, which grew 75%. EBITDA grew 33%, reaching R$ 79 million – with the company reporting the largest margin in its history. Net profit came in at R$ 45 million, up 30% year-over-year.\n\nThe company also said it signed a contract with four other clients in the quarter – Aegea (sanitation); Vitru and FMU (education); and Qualicorp (health) – and that it launched a new product offering, a payment modality that allows combining different means of payment in a transaction (for example, paying the electricity bill half with PIX, half with a card).\n\nRipper said the company's focus will continue to be on payments, and that it is studying entering the life and pension, wellness, and gym segments. “It's a segment that doesn't have the same essentiality as utilities, but it's a recurring service that needs to seek to reduce churn,” he said.\n\nThe company's legacy business – mobile game subscriptions – remained practically stable in the quarter, with subscriptions growing 1%. While markets like Nigeria, Egypt, Ukraine, and Pakistan continue to grow, Brazil and Latin America have shown a decline in results. “In Brazil, which digitalized very quickly, this business is disappearing. Two-thirds of the business has already disappeared in recent years. But there are other markets where it still grows a lot. In theory, it's a business that tends to decrease, but in practice, it hasn't yet, because there are geographies that are compensating. It's a business that is proving to be more resilient than we thought.”\n\nBemobi closed the day valued at R$ 2 billion on the stock exchange. The stock is up 13% in the last 12 months.",
  "summary": "A Bemobi está abrindo uma nova vertical dentro de seu negócio de pagamentos – a grande aposta da empresa para os próximos anos e que já responde por cerca de 70% da receita. A companhia disse hoje que vai começar a atender as administradoras de condomínios residenciais, e já fechou um primeiro contrato com a […] The post Bemobi entra em condomínios, abrindo uma nova vertical em pagamentos…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}