Inco
INCO is a Brazilian regulated digital investment platform that connects 435,000+ retail investors with SMEs seeking credit, operating peer-to-peer lending and securities crowdfunding under dual Banco Central and CVM licenses since 2018.
- Company typePrivate
- Founded2018
- HeadquartersBelo Horizonte, Brazil
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Inco does
INCO is a Brazilian digital investment platform that operates a regulated peer-to-peer lending and securities crowdfunding marketplace connecting approximately 435,000 retail investors with small and medium-sized companies seeking credit for real estate, energy, startup, and judicial-asset projects. Founded in Belo Horizonte in 2018, INCO operates through two licensed entities: INCO SEP (authorized by Banco Central do Brasil under Resolução CMN 5.050 to intermediate P2P loans) and INCO Plataforma Eletr\u00f4nica de Investimento Participativo Ltda. (registered with CVM under Resolução 88 for public securities offerings). The platform supports instruments including CRI, CRA, CCB, debentures, commercial notes, and collective investment contracts, with a minimum ticket of R$500 and an asset resale feature that lets investors liquidate positions at 80% of CDI within two business days.
Underlying technology comprises a mobile-first stack with iOS and Android apps, web onboarding in approximately one minute, and integrations with QI Sociedade de Cr\u00e9dito Direto for payment account infrastructure and Idwall for KYC and identity verification. INCO applies a proprietary credit scoring model grounded in the 5C's of credit framework (Character, Capacity, Collateral, Conditions, Capital), supported by eight years of operational data on borrower performance. The platform reports a 98.4% on-time payment rate and a historical portfolio return of 187% of CDI versus a CDI benchmark of 83% since 2018.
INCO's revenue model is entirely borrower-side: investors pay zero fees, while the company charges a pre-agreed percentage on amounts raised by borrowing companies at settlement, a 2% fee on recovered amounts in judicial collection scenarios, and coordination fees for CVM-regulated public offerings. Distribution is digital-first, amplified by partnerships with more than a dozen named Brazilian financial influencers and the Indique e Ganhe referral program. Retention is driven by the Fidelidade 2026 loyalty program, which awards tiered points and investment bonuses across Green, Silver, and Black levels.
Inco firmographics
Firmographics- Name
- Inco
- Legal name
- INCO Plataforma Eletrônica de Investimento Participativo Ltda.
- Website
- https://inco.vc
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- INCO is a Brazilian regulated digital investment platform that connects 435,000+ retail investors with SMEs seeking credit, operating peer-to-peer lending and securities crowdfunding under dual Banco Central and CVM licenses since 2018.
- Ownership category
- akta.pro rank
Where Inco is headquartered
LocationHeadquarters
- HQ city
- Belo Horizonte
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
Inco business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Marketing or Sales, Personnel, Operations, Infrastructure
Revenue model
- Platform Fees from Borrowers: INCO charges a pre-agreed percentage on the amount raised directly from the borrowing company (tomadora do crédito). This fee is received when the offer is settled. This is the primary revenue stream and aligns INCO's interests with both investors and borrowers.
- Collection Fees: INCO charges a 2% fee on the effectively recovered amount for judicial collection services in case of default.
- Crowdfunding Coordination Fees: For CVM-regulated public offerings under Resolution CVM 88, INCO coordinates offerings and may charge fees to the issuing company.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Zero cost for investors - free account and platform access |
| Transaction based/ take rate | Monthly | Sample investment returns: CDI + 4% to 24.45% annually depending on project |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Inco product offering
Product offeringCore offering
INCO operates a regulated digital investment platform that connects retail investors with Brazilian companies seeking credit for projects in real estate, energy, agribusiness, startups, and judicial assets. Investors access alternative fixed-income instruments (CRI, CRA, CCB, debentures, commercial notes, CIC) historically reserved for institutional investors, while companies raise capital through peer-to-peer lending or CVM-regulated public crowdfunding offerings. The platform charges fees to borrowing companies while offering zero-cost access to individual investors.
Product overview
INCO is a digital crowdfunding investment platform that connects retail investors with companies seeking credit. The core platform provides access to alternative investments including real estate (CRI), agribusiness (CRA), bank credit notes (CCB), debentures, commercial notes, and collective investment contracts (CIC). The platform is complemented by the Fidelidade 2026 loyalty program (earning points through investments and daily check-ins), the Indique e Ganhe referral program, the Plano de Investimento planning tool, and the Revenda de Ativos secondary market feature for early asset liquidity. INCO operates under two regulated entities: INCO Plataforma (under CVM Resolution 88) for public offerings and INCO SEP (under BCB Resolution 5.050) for peer-to-peer lending.
Differentiator
Problem solved
Functional benefit
Brands
- Fidelidade 2026: Loyalty program allowing users to accumulate points through investments and daily check-ins, with tiers (Green, Silver, Black) offering bonus rewards and exclusive services.
- INCO App
Products and services
- INCO Platform A regulated digital investment platform connecting retail investors with companies seeking credit, offering access to CRI, CRA, CCB, debentures, commercial notes, and CIC investments through mobile app and web.
- Fidelidade 2026
Quantifiable outcome
- 187% of CDI historical return since 2018 vs 83% CDI benchmark
- +3 more outcomes
Companies that use Inco
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles2 records
Inco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability1 record
Feature4 records
Inco partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- QI Sociedade de Crédito Direto S.A.coreQI SCD is the payment services partner handling all payment infrastructure for the INCO platform. They provide the digital account (Conta Digital INCO) for investors, process deposits and withdrawals, and handle payment reconciliation. QI SCD is responsible for all payment system operations under Resolution CMN 3.954.
- Lift LabminorINCO was accelerated by Lift Lab, indicating a startup acceleration program that provided mentorship, resources, or investment to support company growth.
- Money Plus SCMEPP LTDA (BMP Money Plus)minorPrevious correspondent banking partner until February 2022. INCO operated as correspondent of BMP Money Plus under Resolution CMN 3.954 before acquiring INCO SEP and becoming a direct financial institution.
- Banco Topázio S.A.minorPrevious correspondent banking partner until February 2022. INCO operated as correspondent of Banco Topázio before transitioning to direct operations through INCO SEP.
- Forbes BrasilminorFeatured in Forbes magazine, one of the world's most recognized business and financial publications, providing credibility and brand visibility.
- ExameminorMajor Brazilian business magazine featuring INCO, providing media coverage and brand recognition in the Brazilian market.
- InfoMoneyminorLeading Brazilian financial news portal covering INCO, providing editorial coverage and credibility through association with established financial media.
- Valor EconômicominorPrestigious Brazilian business newspaper featuring INCO, lending credibility through association with top-tier financial journalism.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Inco competitors and assessment
Company assessmentDirect peers
- Warren Investimentos: Brazilian digital investment platform offering fixed income, funds and alternative products to retail investors. Most comparable to INCO given overlapping focus on curated, transparent alternative fixed-income opportunities for Brazilian retail.
- Genial Investimentos: Brazilian broker and investment platform offering fixed income, funds and structured products. Directly competes with INCO for retail investors seeking higher-yielding alternatives to traditional CDBs and Tesouro Direto.
- Rico Investimentos: Brazilian digital brokerage offering fixed income, equities and investment products to retail clients. Comparable in target customer and digital-first delivery model to INCO.
- Nexoos: Brazilian P2P lending platform connecting SMEs seeking credit with individual investors. Most directly comparable peer given identical peer-to-peer lending business model and Brazilian SME origination focus.
Broad incumbents
- XP Inc. Largest Brazilian retail investment platform with full broker-dealer and asset management capabilities. Competes for INCO's retail investor base across fixed income and structured products, though at vastly greater scale and broader product depth.
- NuInvest (Nubank): Investment vertical of Nubank serving tens of millions of Brazilian retail customers with fixed-income products. Represents the dominant digital incumbent competing for the same Brazilian retail alternative-income wallet as INCO.
- BTG Pactual Digital: Digital retail arm of BTG Pactual, one of Brazil's largest investment banks. Competes across the full investment spectrum including fixed income and structured products relevant to INCO's customer base.
- Inter Investimentos: Investment platform of Banco Inter serving retail and SME customers with fixed income, funds and structured products. Competes for overlapping retail investor wallet in Brazil.
- B3 (Brasil, Bolsa, Balcão): Brazilian stock exchange and securities market infrastructure operator. Provides the listing and trading venue where INCO-coordinated CVM 88 securities ultimately become accessible; relevant as the broader market infrastructure peer.
Emerging players
- Magnetis: Brazilian digital wealth manager offering automated portfolio management to retail investors. Adjacent peer serving overlapping Brazilian retail investor base with digital-first investment products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Inco social profiles
Digital presenceInco compliance and trust
Trust signalCompliance3 records
Inco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inco leadership team
Management profileNumber of profiles
Inco funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inco M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Inco
What does Inco do?
INCO operates a regulated digital investment platform that connects retail investors with Brazilian companies seeking credit for projects in real estate, energy, agribusiness, startups, and judicial assets. Investors access alternative fixed-income instruments (CRI, CRA, CCB, debentures, commercial notes, CIC) historically reserved for institutional investors, while companies raise capital through peer-to-peer lending or CVM-regulated public crowdfunding offerings. The platform charges fees to borrowing companies while offering zero-cost access to individual investors.
Is Inco a public or private company?
Inco is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Inco founded?
Inco was founded in 2018. It employs 11 to 50 people.
Where is Inco based?
Inco is headquartered in Belo Horizonte, Brazil, in the Latin America region.
How does Inco make money?
Three revenue lines are on record. Platform Fees from Borrowers are the primary driver. The others are collection Fees and crowdfunding Coordination Fees.
Who are Inco's main competitors?
Direct peers on record are Warren Investimentos, Genial Investimentos, Rico Investimentos and Nexoos. Broad incumbents are XP Inc., NuInvest (Nubank), BTG Pactual Digital, Inter Investimentos and B3 (Brasil, Bolsa, Balcão). Magnetis is listed as an emerging player.
Does Inco have an API?
No public API is recorded for Inco.