Mercado de Recebíveis

What Mercado de Recebíveis does

Mercado de Recebíveis is a Brazilian fintech founded in 2023 and headquartered in São Paulo that provides digital receivables-management and credit products to small and micro business owners who operate credit/debit card terminals (maquininhas). The company targets merchants who face cash-flow gaps caused by delayed card receivables and high automatic-anticipation fees charged by POS acquirers — a segment historically underserved by traditional bank credit underwriting.

Its core product suite comprises two integrated offerings delivered through a 100% digital, self-serve platform. The MDR Credit Card (Cartão de Crédito MDR) converts the merchant's future POS receivables into a revolving credit limit, providing up to 25 days to pay without anticipation fees; a 2025 variant adds blockchain technology to the card. The Receivables Anticipation service (Antecipação de Recebíveis) allows merchants to draw pre-approved liquidity against available receivable balances at any time, with immediate approval and Pix-based fund transfers 24/7. A centralized receivables dashboard aggregates balances across the merchant's existing terminals, so onboarding does not require switching POS equipment.

The business model is freemium at the platform level: registration, card issuance, and dashboard access are free, while revenue is generated through per-transaction anticipation fees and managed economics from a R$150 million FIDC (Fundo de Investimento em Direitos Creditórios) structured with Oriz Partners in November 2025. The go-to-market is product-led and digitally distributed, with WhatsApp-based invitation onboarding as the primary acquisition channel. The company is privately held, venture-backed (initial $14 million valuation in December 2023 led by Urca Angels, with subsequent participation from 1289 Capital and Headline), and operates with a 1–10 person team.

Name

Mercado de Recebíveis

Legal name

Mercado de Recebíveis

Website

https://mercadoderecebiveis.com.br

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Mercado de Recebíveis is a Brazilian fintech that converts POS terminal receivables into working capital for small business owners. It offers a free digital platform with a receivables-backed credit card and 24/7 instant receivables anticipation via Pix.

Ownership category

akta.pro rank

Product category

Merchant Receivables Financing

NAICS

Credit Card Issuing (522210), Sales Financing (522220), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Short-Term Business Credit Institutions (6153), Finance Services (6199)

akta.pro primary industry

Subprime / Credit-Building Credit Cards (FSAKABAJ)

akta.pro secondary industry

Receivables Management (Collections, Lockbox, EIPP) (FSABAIAA)

Keywords

• Receivables anticipation
• Merchant cash advance
• POS credit services
• Small business lending
• Digital fintech platform

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Receivables Anticipation Fees: Revenue generated from fees charged on the anticipation of credit card receivables. Merchants can access liquidity immediately against their future receivables at competitive rates.
2. FIDC Management: Structured investment fund in credit rights (FIDC) that amplifies credit volume and liquidity strategies, enabling the company to scale its lending operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Mercado de Recebíveis operates a 100% digital platform that transforms credit card receivables from POS terminals into immediate purchasing power and liquidity for Brazilian small business owners. Its two integrated offerings are the MDR Credit Card — which converts a merchant's card-machine receivables directly into a credit limit with up to 25 days to pay and no anticipation fees — and Receivables Anticipation, which delivers instant approval and Pix-based transfers 24/7 against future receivables at competitive rates.

Product overview

Mercado de Recebíveis offers a unified digital platform that transforms business receivables into accessible credit and liquidity. The core offering consists of two integrated products: (1) the MDR Credit Card, which converts receivables from POS/card machines into a credit limit without anticipation fees, and (2) the Receivables Anticipation service, which provides early payment with competitive rates and immediate approval via Pix transfer. Both products operate through a 100% digital app-based experience, allowing merchants to connect their existing card terminals and manage all receivables centrally.

Differentiator

Problem solved

Functional benefit

Products and services

• Cartão de Crédito MDR (MDR Credit Card) A credit card for Brazilian small business owners that uses receivables from their existing POS/card terminals as the credit limit. Cardholders receive up to 25 days to pay without being charged anticipation fees, converting frozen accounts receivable into purchasing power.
• Antecipação de Recebíveis (Receivables Anticipation)

Quantifiable outcome

• Up to 25 days to pay using receivables as credit limit
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Mercado Pago: Fintech arm of Mercado Livre offering POS, credit, and receivables-based financing to Brazilian SMBs; competes on the same receivables-to-credit proposition MDR targets.
• PagBank / PagSeguro: Brazilian fintech offering POS terminals, receivables anticipation, and credit cards to micro and small merchants — overlapping with MDR's SMB liquidity and credit card offering.
• Stone Co. Major Brazilian POS acquirer offering integrated credit, anticipation, and banking products to SMB merchants; directly competes for the same receivables-to-credit use case as Mercado de Recebíveis.
• SumUp: Global POS provider with strong Brazilian SMB presence offering card acceptance and ancillary financial services; comparable target customer base and receivables relationship.

Broad incumbents

• Cielo: Largest Brazilian card acquirer offering POS terminals and CieloPay credit/advance solutions to SMB merchants; broader portfolio player competing for the same merchant receivables wallet.
• Inter & Co. Brazilian digital bank and super-app offering credit cards, receivables-based products, and SMB accounts; broader incumbent with overlapping SMB credit positioning.
• Nubank: Brazil's largest digital bank offering credit cards and revolving credit to consumers and SMBs; broader incumbent whose card products overlap with MDR's credit card ambition.
• Rede (Itaú): Brazilian card acquirer owned by Itaú offering POS, receivables anticipation, and integrated credit; competes for SMB receivables liquidity share but as part of a broader banking ecosystem.

Others

• Zoop: Brazilian fintech infrastructure provider offering payments and embedded financial services to merchants; thematically adjacent as a payments infrastructure enabler in the Brazilian SMB space.

Emerging players

• C6 Bank: Brazilian digital bank offering credit cards and SMB accounts; emerging competitor in the Brazilian credit-card-and-SMB segment with partial product overlap.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds5 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 Mercado de Recebíveis