Noverde

What Noverde does

Noverde is a São Paulo-based digital lending platform founded in 2016 that operates as a correspondent bank under Brazilian Central Bank Resolution CMN 3.954/2011, originating personal loans on behalf of two authorized financial institutions — Money Plus Sociedade de Crédito ao Microempreendedor and QI Sociedade de Crédito Direto (QiTech) — and, for its FGTS product, Banco Digio. Its core offering is unsecured personal credit of R$500–R$8,000 with terms of 3–18 months at monthly interest rates of 7.9%–18.9% (149%–698% APR), supplemented by an FGTS Saque-Aniversário advance product (rates from 1.99%/month) and a partnership-enabled Dotz digital account with cashback. The company has cumulatively extended over R$400 million in credit to more than 200,000 Brazilian borrowers and reports 1 million+ Android app downloads.

Noverde's underwriting is built on a proprietary credit scoring engine that synthesizes bank account data (collected via an encrypted data authenticator), public and private bureau information (Serasa Experian, Boa Vista/SCPC), device and smartphone metadata, geolocation, and declared income — designed specifically to serve thin-file, negatively-listed, or informally employed borrowers excluded by traditional banks. Identity verification uses selfie plus government-ID biometric checks shared with Serasa Experian for fraud prevention. The platform is fully digital and self-serve: registration, simulation, document upload, and digital contract signing occur in-app or on the web, with funds disbursed within one business day.

The business model is transaction-based. NoVerde earns interest spread on loans originated through its partner institutions (the financial institutions carry the credit risk and balance sheet exposure), plus a 6% upfront Tarifa de Cadastro (registration fee) and a platform remuneration fee deducted from disbursed loan amounts. Distribution combines organic SEO and app-store presence with B2B2C partnerships — notably Cabify for driver lending and Dotz for loyalty-driven referrals. The company is headquartered in the WeWork space in Brooklin Paulista, São Paulo, is incorporated as Noverde Tecnologia e Pagamentos S/A (CNPJ 23.698.063/0001-69) with a wholly-owned correspondent banking subsidiary, employs 51–100 people, and has raised a R$4 million round from DOMO Invest (December 2021) following earlier rounds from Bossa Invest, DOMO.VC, and BoostLAB.

Name

Noverde

Legal name

Noverde Tecnologia e Pagamentos S/A

Website

https://noverde.com.br

Company type

Private

Founded year

2016

Headcount range

51–100 employees

Short description

Noverde is a São Paulo-based digital correspondent bank, founded in 2016, that originates personal loans (R$500–R$8,000) and FGTS advances for underserved Brazilian Classes C and D borrowers through a 100% digital, self-serve platform powered by proprietary alternative-data credit scoring.

Ownership category

akta.pro rank

Product category

Consumer Lending

NAICS

Consumer Lending (522291), Mortgage and Nonmortgage Loan Brokers (52231), Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141), Loan Brokers (6163)

akta.pro primary industry

Emergency & Short-Term Installment Personal Loans (Unsecured) (FSAKAAAH)

akta.pro secondary industries

Lending & Credit Disbursements (FSAMAKAH), Credit Marketplaces, Aggregators & Loan Routing (FSADAFAJ)

Keywords

• Digital consumer lending
• Personal loan origination
• FGTS salary advance
• Alternative credit scoring
• Correspondent banking Brazil

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Supply Chain, Infrastructure

Revenue model

1. Interest Income on Personal Loans: NoVerde earns interest income from personal loans extended through its partner financial institutions (Money Plus and QI Sociedade de Crédito Direto). Loans range from R$500 to R$8,000, with monthly interest rates of 7.9% to 18.9% and repayment terms of 3 to 18 months. A 6% registration fee (Tarifa de Cadastro) is charged upfront per loan request. The company also earns a Platform Remuneration fee deducted from the loan disbursement amount.
2. FGTS Loan Origination Fees: NoVerde originates loans secured by the worker's FGTS Saque-Aniversário balance in partnership with Banco Digio. Interest rates start at 1.99% per month. Revenue includes origination fees, IOF collection, and a Tarifa de Cadastro. The loan can be 3–10 years of anticipated FGTS withdrawals.
3. Dotz Digital Account Partnership: The Dotz digital account is offered through a partnership with Dotz. NoVerde earns revenue from the referral/affiliate relationship when customers open Dotz accounts via NoVerde links. Customers earn cashback (Dotz) on payments, creating a loyalty loop that drives repeat borrowing.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Noverde operates as a digital correspondent bank in Brazil, originating unsecured personal loans (R$500–R$8,000, 3–18 month terms) and FGTS Saque-Aniversário advance loans through partner financial institutions Money Plus, QiTech, and Banco Digio. The entire application, scoring, and disbursement flow runs 100% online through an Android app and web portal, using a proprietary alternative credit scoring model that reaches thin-file, unemployed, or negatively-listed Brazilian consumers. Funds are disbursed to borrowers' bank accounts in up to 1 business day.

Product overview

NoVerde operates as a digital correspondent banking platform offering a portfolio of personal credit products. The core offering consists of unsecured Personal Loans (Empréstimo Pessoal) ranging from R$500 to R$8,000, and FGTS Advance Loans (Empréstimo com Antecipação do FGTS) that leverage the worker's guarantee fund balance. These products are distributed through a companion Android mobile app and website, with loans executed via partner financial institutions (Money Plus and Qi Tech). The add-on Conta Digital Dotz provides a rewards-integrated digital account with cashback on payments. All products are offered 100% digitally with approval and fund disbursement within 1 business day, targeting underserved Brazilian consumers including those with limited credit history or negative credit records.

Differentiator

Problem solved

Functional benefit

Products and services

• Empréstimo Pessoal (Personal Loan) Unsecured personal loan ranging from R$500 to R$8,000, repayable in 3 to 18 monthly installments with interest rates between 7.9% and 18.9% per month. Originated 100% online for individual Brazilian borrowers (including unemployed or negatively-listed consumers) with funds disbursed to the borrower's bank account within 1 business day.
• Empréstimo com Antecipação do FGTS FGTS Saque-Aniversário advance loan allowing CLT workers to anticipate 3 to 10 years of their annual FGTS withdrawal, with interest rates starting at 1.99% per month. Available to FGTS accounts with total balance above R$400, including negatively-listed borrowers, with repayment deducted directly from future FGTS anniversary withdrawals.
• Conta Digital Dotz Digital bank account offered in partnership with the Dotz loyalty platform, providing cashback on payments, free PIX transfers and boleto generation, and discounts at partner retailers including Magazine Luiza, Casas Bahia, and Amazon.

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• Banco DigiocoreStrategic or Co-development PartnerBanco Digio is the financial institution partner for the FGTS Saque-Aniversário loan product. Digio consults the worker's FGTS balance (upon authorization) and provides the credit underwriting. NoVerde handles the customer-facing digital experience. The product features interest rates starting at 1.99% per month and anticipates 3–10 years of future FGTS withdrawals.
• DotzcoreGTM or Marketing PartnerDotz is a Brazilian loyalty and rewards platform. NoVerde partners with Dotz to offer a Digital Account (Conta Digital Dotz) that provides cashback on all payments, free account features, and access to Dotz's discount network. NoVerde earns referral revenue when customers open Dotz accounts through its platform. Cashback can be redeemed for products, airfare, vouchers, or cash.
• Serasa ExperiancoreTechnology or IntegrationSerasa Experian provides credit bureau data (scores, negative records, credit history) and fraud prevention services. NoVerde shares selfie and ID photo data with Serasa exclusively for fraud prevention and identity verification. Serasa data is used to build the proprietary credit profile and to prevent identity fraud during loan origination.
• Boa Vista (SCPC)supportingTechnology or IntegrationBoa Vista operates the SCPC (Serviço Central de Proteção ao Crédito) credit bureau and provides score and credit history data. It is listed as a partner on the payment and debt negotiation page. NoVerde uses Boa Vista data in its credit analysis and score calculations.
• Digital TechsupportingChannel Partner/ Reseller/ DistributorCollection partner. Works with digital humanized customer service to help borrowers negotiate and issue payment plans for overdue loans. One of several third-party collection agencies NoVerde uses for debt recovery.
• Serasa Limpa NomesupportingChannel Partner/ Reseller/ DistributorPlatform that aggregates borrower debts and facilitates negotiation and settlement. NoVerde redirects customers with overdue loans to Serasa Limpa Nome for debt renegotiation and clearance.
• CabifysupportingGTM or Marketing PartnerCabify, a ride-hailing platform operating in Latin America, partnered with NoVerde to offer personal loans to their driver-partners. Drivers received pre-approved offers and could access NoVerde's loan products through the Cabify platform. Covered in Exame magazine as an auto equity / driver lending initiative.
• ABCD (Associação Brasileira de Crédito Digital)supportingOthersBrazilian Digital Credit Association. NoVerde is a member of ABCD and adheres to the Code of Ethics and Self-Regulation Conduct guidelines. The ABCD logo appears on all NoVerde pages, signaling industry self-regulatory compliance.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Will Bank: Brazilian digital bank/account targeting the C/D and elderly segments with embedded credit offerings. Adjacent competitor with overlapping customer base and growing personal-credit capabilities.
• Creditas: Brazilian digital lender initially focused on secured credit (home/auto equity) but expanding into broader consumer credit. Comparable digital underwriting and alternative-data approach, though currently more weighted to collateralized products.

Direct peers

• Geru: Brazilian digital personal loan platform using alternative credit scoring to underwrite thin-file borrowers. Competes head-to-head with NoVerde for the same Classes C/D segment with fully digital origination.
• Simplic: Brazilian fintech providing personal loans and credit solutions online, including FGTS anticipation, focused on consumers with limited banking access. Closely mirrors NoVerde's product set, customer segment, and correspondent-bank go-to-market.
• Rebel (Rebel Credit): Brazilian digital lender focused on personal credit for underserved consumers, including negatively-listed borrowers. Competes in the same digital personal-loan category with similar alternative-data underwriting.
• Bom Pra Crédito: Brazilian online credit marketplace connecting borrowers with multiple lenders for personal loans, payroll loans, and FGTS-backed credit. Operates a comparable correspondent/aggregator model targeting similar Classes C/D borrowers.

Broad incumbents

• C6 Bank: Brazilian full-service digital bank (owned by J&F) extending personal credit products to a broad customer base, including previously underserved consumers. A scaled incumbent encroaching on NoVerde's territory.
• Banco Pan: Brazilian consumer bank offering personal loans, payroll-deductible credit, and vehicle financing to mass-market and underserved borrowers. An established incumbent competing for the same Classes C/D wallet.
• BMG: Large Brazilian commercial bank with a long-standing focus on payroll-deductible loans (crédito consignado) and consumer credit for Classes C/D. A much larger incumbent in the same end-customer category, with broader product breadth.
• Facta Financeira: Brazilian credit company focused on payroll-deductible and personal credit for the mass market, including FGTS-backed products. A longer-established non-bank lender operating in the same end-markets as NoVerde.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Noverde

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Noverde