What Mycon does

Mycon is a Brazilian fintech operating a 100% digital consortium administration platform, branded as Brazil's first fully online consortium administrator and authorized by Banco Central do Brasil under Certificate No. 03.00.010.91. Operated by COIMEX ADMINISTRADORA DE CONSÓRCIOS S.A. (CNPJ 27.268.770/0001-76) and headquartered in São Paulo's Itaim Bibi district, the company enables individuals and small businesses to acquire high-value assets — real estate, vehicles (cars, motorcycles, trucks), services, agricultural equipment, and heavy machinery — through interest-free group savings plans rather than traditional credit financing. The platform spans self-service simulation, contracting, installment tracking, bidding (lances), contemplation (allocation), and digital credit-letter issuance, accessible via web and native iOS/Android apps with human specialist support through WhatsApp and phone.

The product architecture centers on the core Mycon consortium platform, augmented by MyCotas (an exclusive in-platform marketplace for trading already-allocated quotas), MyCoins (loyalty/rewards), MyConquista (customer testimonial content), and the PAGA METADE pricing plan that halves installments pre-contemplation. Mycon serves three primary personas — individual 'dreamers' (consumers), investors (using consortium as a wealth-building tool with up to 30% resale premiums on allocated credits), and entrepreneurs (acquiring fleet and equipment) — and distributes through direct digital channels plus strategic partnerships with 99/99Pay, BYD, Turbi, Livelo, Finanzero, and KMV.

Revenue is generated primarily through recurring administration fees (Taxa de Administração), pre-set at contract signing and diluted across monthly installments over 180–240 month plans, supplemented by transaction fees during credit release. The company claims administration rates as low as 0.08% per month with a 9.99% total entry fee — positioning itself as 7x cheaper than traditional financing and up to 50% cheaper than competing administrators. No revenue figures, external venture funding beyond a 2022 Google for Startups selection, or detailed ownership disclosure is publicly available; growth has been funded organically under the Coimex group umbrella while targeting a Brazilian consortium market of more than 10.6 million participants.

Name

Mycon

Legal name

COIMEX ADMINISTRADORA DE CONSÓRCIOS S.A.

Website

https://mycon.com.br

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Mycon is a 100% digital Brazilian consortium administrator, authorized by Banco Central do Brasil, offering interest-free group savings plans for real estate, vehicles, services, and equipment via web and mobile app to individuals, investors, and small business owners.

Ownership category

akta.pro rank

Product category

Consortium Administration (Financial Services)

NAICS

Credit Intermediation and Related Activities (522), Sales Financing (52222)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

BNPL for High-Ticket / Longer-Term Installments (FSAKACAN)

Keywords

• Digital consortium administration
• Real estate consortium
• Vehicle consortium
• Group savings plans
• Mobile financial services

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, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Administration Fee (Taxa de Administração): Fixed administration fee charged for managing consortium groups. Fee is pre-set at contract signing, diluated across monthly installments, and varies by product type (real estate, vehicle, services). This is the primary revenue stream.
2. Credit Operations: Fees collected during credit release process when customers are contemplada (allocated credit). Includes document analysis and credit processing.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Mycon administers 100% digital consortium plans for real estate, vehicles (cars, motorcycles, trucks), services, agricultural equipment, and debt refinancing under authorization from Brazil's Central Bank. Customers purchase quotas via website and mobile app, pay fixed monthly administration fees instead of interest, and receive a credit letter upon contemplation to acquire the desired asset.

Product overview

Mycon is a 100% digital consortium administration platform built around a core platform-plus-auxiliary-services architecture. The flagship Mycon product delivers digital consortium plans for real estate, vehicles (cars, motorcycles, trucks), services, and agriculture, with full-cycle management via a mobile app. Supporting the core platform, MyCotas serves as the official marketplace for trading contemplada quotas, MyCoins provides a loyalty/rewards program, and MyConquista aggregates customer success stories. Specialized sub-products target distinct segments: Consórcio para Investimento for real estate investors seeking rental income and credit resale profits, Consórcio para Empreendedor for business owners acquiring commercial assets, and the PAGA METADE pricing plan that halves installments pre-contemplation. The company is administered by COIMEX ADMINISTRADORA DE CONSÓRCIOS S.A. and is authorized/fiscalized by Brazil's Central Bank (Certificado de Autorização nº 03.00.010.91).

Differentiator

Problem solved

Functional benefit

Brands

• MyConquista: YouTube playlist showcasing customer testimonials and success stories
• MyCoins
• MyCotas

Products and services

• Real Estate Consortium Consortium plan for purchase of houses, apartments, off-plan properties, land, construction, renovation, and debt refinancing, with credit values up to R$700,000 and terms up to 240 months. Customers pay a fixed monthly administration fee instead of interest and receive a digital credit letter upon contemplation to acquire the property.
• Vehicle Consortium Consortium plan covering new, semi-new, and used vehicles up to 10 years old, with fixed monthly administration fees. Available for individuals and mobility drivers via partnerships with 99, Turbi, and BYD.
• Motorcycle Consortium
• Trucks and Heavy Vehicles Consortium
• Services Consortium
• Investment Consortium (Consórcio para Investimento)
• Entrepreneur Consortium (Consórcio para Empreendedor)
• MyCotas Marketplace

Quantifiable outcome

• 7x cheaper than financing
• +5 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• 99 (99Pay)coreStrategic or Co-development PartnerStrategic partnership offering Mycon real estate consortium to 99Pay users. Allows 99 app drivers and users to access home purchasing through consortium. Enables cross-platform customer acquisition for Mycon.
• LivelominorGTM or Marketing PartnerPartnership for loyalty rewards program, allowing Mycon customers to earn and redeem points through Livelo ecosystem.
• FinanzerominorGTM or Marketing PartnerFinancial services partnership for customer acquisition and referral marketing.
• KMVminorGTM or Marketing PartnerPartnership in financial services ecosystem for customer referrals and benefits.
• BYDcoreStrategic or Co-development PartnerNews coverage mentions partnership between 99, BYD, Turbi, and Mycon for vehicle sales to driver partners. Mycon provides consortium financing option for BYD electric vehicles.
• TurbicoreStrategic or Co-development PartnerPartnership for selling vehicles to Turbi driver partners through consortium product. Joint offering with 99 and BYD.

Scale indicators11 records

Recent moves3 records

Expansion highlights6 records

Emerging players

• Nubank: Largest Brazilian digital bank offering consumer credit products that compete for the same high-cost-financing-replacement use case Mycon addresses. Not a consortium administrator today, but a credible new entrant or acquisitive competitor.
• C6 Bank: Brazilian digital bank serving consumers and SMEs with lending, cards, and investments. Comparable as a digital-first consumer finance alternative and potential crossover partner or competitor.

Broad incumbents

• Caixa Consórcios: Federal savings bank consortium arm with massive distribution and government-linked credibility. Competes with Mycon in real estate and vehicle consortium nationwide but lacks a fully digital self-serve experience.
• Bradesco Consórcios: One of the largest consortium administrators in Brazil, operating as part of Bradesco's banking conglomerate. Directly comparable as a consortium provider for real estate, vehicles, and services, but distributes primarily through physical bank branches rather than a digital-first channel.
• Itaú Consórcios: Itaú Unibanco's consortium business is a meaningful player in Brazilian group savings plans across multiple asset categories. Comparable to Mycon on product breadth, though distributed through retail bank channels.
• Porto Seguro Consórcios: Insurance-led conglomerate offering consortium plans as part of a broader financial services portfolio. Overlaps with Mycon in vehicle and real estate group savings but tied to Porto Seguro's broader customer ecosystem.
• Banco do Brasil Consórcios: State-owned bank's consortium division competing across real estate, vehicles, and services. Has scale and trust advantages Mycon lacks, but its digital experience is less purpose-built for self-serve consortium.

Direct peers

• Embracon: Independent Brazilian consortium administrator that has invested in digital channels and competes with Mycon across vehicle and real estate plans. Closest direct peer at similar scale and digital orientation.
• Rodobens Consórcio: Brazilian consortium specialist focused heavily on vehicle consortiums, with growing real estate offerings. Comparable to Mycon in product mix and geographic concentration.
• Ziro Consórcios: Brazilian digital-first consortium administrator targeting a similar audience to Mycon via online simulator and mobile-first UX. Highly comparable on product, customer, and distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/playlist?list=PLfFHu65zAul5JVjlGh2yn2n8ACJZG9e6f
• Xx.com/myconsorcio

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

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 Mycon