What Marvin. does

Marvin is a Brazilian B2B fintech operating as a tech-native collateral agent, founded in March 2021 and headquartered in São Paulo. The company transforms how creditors structure and secure credit by combining a comprehensive legal framework with proprietary collateral management technology, converting receivables into bankable guarantees. Its core offering is a Collateral Management Platform that manages the ownership transfer of credit card receivables and other credit instruments between counterparties in Brazil's regulated market, bridging technology, law, and credit management. The platform has accumulated a collateral book of BRL 9 billion across 30+ enterprise customers and is supported by a flagship partnership with B3 (the Brazilian Stock Exchange) to register receivables contracts.

The company serves two primary customer segments: creditors (financial institutions such as C6 Bank, backed by JPMorgan Chase, and specialty insurers such as Avla) and debtors (large retail chains such as Grupo Casas Bahia, a centenary Brazilian retailer, a Swedish global home appliances leader, and a Brazilian Centre-North regional retailer). Marvin generates revenue through a transaction-based take rate on its collateral book, with projections indicating R$500 million in transaction volume in the second half of 2026. Its go-to-market is direct enterprise sales targeting treasury directors and credit executives at financial institutions and large retailers in Brazil, supported by content marketing, press coverage in Forbes Brazil, Exame, Neofeed, and Globo, and recognition in LinkedIn's 2023 ranking of ascending Brazilian startups. The company has raised BRL 90 million in total equity across a 2021 Mauá Capital seed, a 2022 BRL 72 million round led by Canaan with Canary, and a 2024 Series A.

Name

Marvin.

Legal name

Marvin Tecnologia Ltda.

Website

https://marvin.com.br

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Marvin is a Brazilian B2B fintech and tech-native collateral agent that transforms credit receivables into bankable guarantees. It serves financial institutions and large retailers in Brazil, managing credit card receivables ownership transfers through its proprietary Collateral Management Platform.

Ownership category

akta.pro rank

Product category

Collateral Management Software

NAICS

Activities Related to Credit Intermediation (5223), Credit Intermediation and Related Activities (522), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Miscellaneous Business Credit Institution (6159), Asset-Backed Securities (6189), Loan Brokers (6163)

akta.pro primary industry

Collateral Management & Optimization (FSACAIAE)

akta.pro secondary industries

Tri-Party Collateral Management & Collateral Settlement Utilities (FSAFAGAD), Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK), Card Issuing & Program Management Platforms (BPAMAFAH)

Keywords

• Collateral management platform
• Credit receivables platform
• B2B fintech infrastructure
• Working capital solutions
• Credit risk management

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Collateral Management Services: Fees charged for managing the ownership transfer of credit card receivables and other collateral instruments between creditors and debtors in Brazil's regulated market
2. Transaction-based take rate: Revenue derived from facilitating transactions on their collateral book platform, managing credit receivables and payment arrangements for enterprise clients

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Marvin operates a proprietary tech-native collateral management platform that transforms credit card receivables into bankable guarantees. By combining a comprehensive legal framework with modern software infrastructure, the platform enables creditors to structure and secure credit while allowing companies (large retailers) to unlock working capital from existing assets.

Product overview

Marvin offers a unified collateral management platform that transforms traditional collateral management by combining proprietary technology with a comprehensive legal framework. The platform enables creditors to structure and secure credit by converting receivables into guarantees. The core offering consists of a Collateral Management Platform for managing credit receivables ownership transfers and a Credit Receivables Management Service that facilitates transactions between large companies and small retailers, all powered by a single integrated infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Collateral Management Platform Proprietary tech-native platform that combines a comprehensive legal framework with modern infrastructure to transform credit card receivables into bankable guarantees, enabling financial institutions (banks, digital banks, insurers, specialty lenders) to structure and secure credit and large retailers to unlock working capital from existing assets.

Quantifiable outcome

• BRL 1 billion+ in new credit lines deployed by Casas Bahia partners within one year
• +3 more outcomes

Named customers6 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

Feature1 record

Partnerships

Four partnerships are on record, tiered flagship and minor.

• B3 (Brazilian Stock Exchange)flagshipStrategic or Co-development Partner · 1 January 2023In partnership with Marvin, B3 registered the first receivables contracts, representing a significant milestone in Brazil's financial infrastructure for collateral management.
• Eduardo GouveiaminorOthersFormer CEO of Multiplus, Alelo, Livelo, and Cielo. Currently Chairman of Mapfre Brasil and board member of multiple companies. Serves as advisor and investor bringing deep financial services expertise.
• Brunno BagnariolliminorOthersPartner at Jive Mauá with solid track record in Brazil's real-estate and credit markets. Managing Partner and CIO of Real Estate Strategy at JiveMauá, managing over BRL 23 billion in AUM.
• Lucas Amoroso LimaminorOthersCo-Founder of Lasp Capital and one of Brazil's most active private investors in venture capital. Early backer of QuintoAndar and manages portfolio of over 30 high-growth companies across Latin America.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• B3 (Brasil, Bolsa, Balcão): B3 is the Brazilian stock exchange and a Marvin strategic partner that registered the first receivables contracts with Marvin. It operates a much broader post-trade, clearing and securities services franchise, overlapping with Marvin's collateral management focus but across many more asset classes.
• Trafigura (TriOptima / TriResolve): TriOptima, part of CME Group, provides portfolio compression and counterparty risk reduction services in OTC derivatives. While broader and derivatives-focused, it is a relevant incumbent reference for the kind of post-trade/collateral infrastructure layer Marvin is building in Brazil.
• EBANX: EBANX is a large LatAm-focused cross-border payments and financial services platform with growing B2B and credit-adjacent offerings. It is a broad incumbent reference for Brazilian/Latam fintech scale, with some emerging product overlap in receivables-backed working capital solutions.

Direct peers

• Pirum Systems: Pirum is a global post-trade connectivity and collateral management platform serving securities finance and repo market participants. It is directly comparable to Marvin in providing technology to optimize and automate collateral workflows between financial institutions, though it focuses on global repo/securities lending.
• AcadiaSoft: AcadiaSoft provides collaborative margin and collateral management infrastructure for OTC derivatives and securities finance markets. It is a direct peer in the technology-enabled collateral management space, automating workflows between counterparties much like Marvin does in Brazil's receivables market.
• CloudMargin: CloudMargin is a cloud-based collateral management workflow platform used by banks, buy-side firms and corporates to manage and optimize collateral. It is a direct peer to Marvin as a SaaS-led collateral management vendor, with comparable focus on legal agreement integration and workflow automation.

Regional players

• Cip S.A. Cip operates Brazil's instant payments infrastructure (Pix) and broader payment rails via the SPB/SP-T segmented account model. It is a regional peer that, like Marvin, sits at the intersection of Brazilian financial infrastructure, regulation and credit/payment flows.

Emerging players

• Quanto (Quanto Tecnologia): Quanto is a Brazilian embedded finance and receivables platform enabling businesses to offer credit, BNPL and payment products. It is an emerging player with partial overlap to Marvin's receivables-backed credit and working capital use cases, though Quanto focuses more on the origination/BNPL layer than on collateral agent infrastructure.
• TRACTIAN / Clara (Latam credit ops): Clara is a Brazilian corporate spend and B2B credit/working capital platform using card-based and embedded credit to fund SMEs. It is an emerging player overlapping with Marvin in addressing Brazilian SMEs' working capital needs, though Clara originates credit while Marvin is the collateral infrastructure layer.

Others

• Finvero (formerly AVLA's tech arm) / Avla Tech: Avla is a Marvin customer and a specialty credit/guarantee insurer active across LatAm, providing context for the creditor side of Marvin's marketplace. Avla is an adjacent ecosystem participant rather than a direct competitor, helping define the size and shape of the receivables-backed guarantee market.

Market position

Strengths3 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors4 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 Marvin.