Sensedia, a global leader in delivering API solutions for companies adopting a more digital, connected, and open strategy, has been named SaaS Company of the Year at this year’s Global Business Tech Awards (GBTAs). The company earned this recognition for its impressive portfolio growth, its support and investment in people, and how it addressed challenges and served customers during the pandemic.

Last year, the global firm enjoyed 70+% revenue growth (R$130+ million/US$25 million), an increase in customers (up 45 to 160 across 30 different industries), and a jump in staff numbers (from 200 to 650).

Some of the highlights leading to this recognition include Sensedia’s work in 2020 with Brazil’s largest payment firm, Elo, developing a QR code payment solution to distribute COVID emergency aid. The solution transacted over R$12 billion, representing a 30+% growth for Elo.

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“Winning the Software as a Service award is a welcome recognition of our growth, innovative work, dedication to customer success, and leadership efforts to help our customers operate in a more digital, open and connected world”

Sensedia also partnered with Brazil’s leading credit/debit card processor, Cielo, developing a similar QR code system to process emergency aid payments, plus e-commerce solutions. During 2020, Cielo reported a 45% increase in e-commerce revenue, a 1,000% increase in QR code payments via Cielo Pay, and a 300% increase in demand for software that delivers orders, within 24 hours, for customers without a website.

And in 2021, Sensedia assisted Brazil’s Central Bank in defining regulations and designing technical interfaces for its Open Banking roll-out.

GBTA shortlisted 69 agencies and teams worldwide across 25 categories, each celebrating companies and technology that add tangible benefits to the customer experience, management systems, marketing & sales, information storage and data tracking.

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The judges, global industry leaders and experts commented on Sensedia’s ‘strong articulation of business challenges, clear objectives and targets, and impressive portfolio of work challenges.

“Winning the Software as a Service award is a welcome recognition of our growth, innovative work, dedication to customer success, and leadership efforts to help our customers operate in a more digital, open and connected world,” said Sensedia’s chief growth officer and co-founder, Marcilio Oliveira. “We’re delighted and proud to receive this accolade.”