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Consolidated statements of cash flows - BRL (R$)
R$ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES      
Profit before income taxes R$ 1,217,623 R$ 683,504 R$ 155,359
Expenses (revenues) not affecting cash:      
Depreciation and amortization 95,363 51,571 31,246
Loss on sale of property   49  
Charge backs 71,491 47,854 31,557
Accrual of provision for contingencies 3,745 3,538 603
Share based long term incentive plan (LTIP) 264,179    
Unrealizes on derivative instruments     6,613
Inventory provisions 20,070    
Other financial cost, net 1 660 5,549
Changes in operating assets and liabilities      
Note receivables (5,048,464) (2,066,867) (783,954)
Changes in receivables subject to early payment (1,737,545) 1,161,430 406,159
Changes in receivables not subject to early payment (3,310,919) (3,228,297) (1,190,113)
Inventories (47,012) (40,586) 20,181
Taxes recoverable (22,936) 8,055 8,579
Other receivables 773 (23,495) 17,214
Other payables (7,330) (2,046) 13,491
Payables to third parties 1,243,629 1,776,538 620,940
Trade payables 72,579 29,531 25,430
Receivables from (payables to) related parties 112,790 (64,400) (214,549)
Salaries and social charges 39,312 13,341 6,618
Taxes and contributions 31,764 (3,109) 3,867
Provision for contingencies (1,792) 486 (42)
Net Changes in operating assets and liabilities (1,954,212) 414,624 (51,298)
Income tax and social contribution paid (203,631) (166,389) (18,059)
Interest income received 394,643 214,555 146,346
Interest paid   (9,175)  
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (1,763,200) 453,615 76,989
CASH FLOWS FROM INVESTING ACTIVITIES      
Amount paid on acquisitions, net of cash acquired (1,813) (22,225)  
Purchases of property and equipment (61,560) (7,873) (1,996)
Purchases and development of intangible assets (192,048) (99,673) (70,394)
Acquisition of financial investments   (209,569) (337,098)
Redemption of financial investments 211,116 132,107 206,190
NET CASH USED IN INVESTING ACTIVITIES (44,305) (207,233) (203,298)
CASH FLOWS FROM FINANCING ACTIVITIES      
Payment of borrowings   (199,480)  
Proceeds from borrowings     199,390
Payment of derivative financial instruments   (5,831)  
Distribution of dividends   (54,273)  
Proceeds from offering of shares 4,717,875    
Transaction costs (189,852)    
Acquisition of treasury shares (39,532)    
Transaction with non-controlling interest (5,389)    
Capital increase by non-controlling shareholders 20,686    
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 4,503,788 (259,584) 199,390
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,696,283 (13,202) 73,081
Cash and cash equivalents at the beginning of the year 66,767 79,969 6,888
Cash and cash equivalents at the end of the year R$ 2,763,050 R$ 66,767 R$ 79,969