What BMP Money Plus does

BMP Money Plus is a São Paulo-based Banking-as-a-Service (BaaS) provider operating since 1999, originally as Credicarro (vehicle financing) and repositioned since 2009 as a regulated microfinance institution. The company holds SCM (Sociedade de Crédito ao Microempreendedor) and SCD (Sociedade de Crédito Direto) licenses from Banco Central do Brasil, and was the first fintech authorized to operate as an SCD in 2019. It serves as the embedded banking infrastructure layer for approximately 252 partner clients across banks, fintechs, FIDCs, securitizadoras, retailers, marketplaces, and automakers, including Mercado Livre, Magalu, Cielo, Itaú Unibanco, BTG Pactual, Shopee, and Hyundai.

BMP's product portfolio is built around a proprietary core banking system (DBS) and modular suite including BMP Cred (credit automation engine), BMP Digital (credit operations management), BMP Safe (warranty management), BMP Múltiplo (low-code fintech creation), and BMP Sign & Doc (digital document issuance). These modules support white-label digital accounts, Pix, credit/debit/prepaid cards, collections, KYC/anti-fraud, and Open Banking integration via its own ISPB. The platform processes over R$30 billion in annual transaction volume and approximately 30,000 credit analyses per day, with a R$250 million credit portfolio split across vehicle financing (30%), receivables (30%), and machinery/equipment (40%).

The company monetizes primarily through tariffs and fees (95% of revenue) on BaaS services, with the remaining ~5% from credit operations. Reported revenue reached R$300 million in 2022. GTM is executed through a dedicated enterprise sales team that adds 2–3 new clients weekly, complemented by channel partnerships and a partner referral network. The company is privately held and wholly owned by founder/CEO Carlos Eduardo Benitez, who has not raised external capital.

Name

BMP Money Plus

Legal name

BMP Sociedade de Crédito ao Microempreendedor e a Empresa de Pequeno Porte LTDA

Website

https://moneyp.com.br

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

BMP Money Plus is a São Paulo-based Banking-as-a-Service provider offering a proprietary core banking platform, white-label digital accounts, and credit infrastructure to banks, fintechs, FIDCs, retailers, and marketplaces across Brazil. It serves over 250 partners and is regulated as both an SCM and SCD by Banco Central do Brasil.

Ownership category

akta.pro rank

Product category

Banking as a Service

NAICS

Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Credit Card Issuing (52221)

SIC

Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153), Finance Services (6199)

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industries

B2B / Invoice-Based BNPL (Trade Credit at Checkout) (FSAGAIAC), Treasury, Cash Management & Liquidity (SME) (FSAGAJAG), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Banking as a service
• Core banking platform
• Credit automation system
• White-label digital banking
• Fintech infrastructure

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, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Tariff and Fee Income: Revenue primarily from tariffs and fees (95% of revenue), including service fees from BaaS operations, account services, and transaction processing.
2. Credit Operations: Interest income from credit portfolio including vehicle financing (30%), receivables financing (30%), and machinery/equipment financing (40%). Portfolio of approximately R$ 250 million.
3. BaaS Platform Services: Revenue from providing banking infrastructure to partners who white-label BMP services, including technology, compliance, and operational support.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

BMP Money Plus provides a Banking as a Service (BaaS) platform that delivers complete digital banking infrastructure to banks, fintechs, FIDCs, retailers, and marketplaces on a white-label basis. The offering includes a proprietary core banking system (DBS), credit automation engine, digital account opening, payment processing, compliance (KYC/anti-fraud), warranty management, and digital document signing, enabling partners to offer financial products without building their own banking infrastructure.

Product overview

BMP Money Plus operates as a Banking as a Service (BaaS) platform with a modular architecture centered on its core Digital Banking System (DBS) and white label Internet Banking. The product portfolio is organized around: (1) Core Banking Infrastructure - BaaS Internet Banking providing complete digital banking capabilities; (2) Credit Solutions Suite - BMP Cred (credit automation engine), BMP Digital (credit operations management), and a comprehensive credit product catalog (Capital de Giro, BNDES lines, vehicle financing, BNPL, etc.); (3) Collateral & Document Services - BMP Safe (warranty management), BMP Sign & Doc (digital document issuance and signing for CCB, CCE, CPR-F); (4) Fintech Enablement - BMP Múltiplo (low-code fintech creation platform); and (5) Collection Management - ordinary and extraordinary collection solutions. The platform processes over R$30 billion in credit products annually and serves 800+ partners including fintechs, FIDCs, retailers, and banks.

Differentiator

Problem solved

Functional benefit

Brands

• DBS – Digital Banking System: Complete core banking system platform for digital banking operations
• BMP Cred
• BMP Digital
• BMP Safe
• BMP Múltiplo
• BMP Sign & Doc
• FULLBANKING
• Credicarro

Products and services

• BaaS - Internet Banking (Digital Banking System) White-label digital banking platform providing complete banking infrastructure including digital accounts, credit/debit/prepaid cards, Pix, transfers, payments, collections, compliance engine (KYC/Anti-fraud), Open Banking, and high-performance microservices connections via ISPB Money Plus 274. Targeted at banks, fintechs, and enterprises seeking to offer financial products without building infrastructure.
• BMP Cred - Credit Automation Engine Credit automation system that coordinates credit operations, acting as an engine for data collection, calibration and execution of credit models, and database for storing data, policies, and credit models. Designed for financial institutions, fintechs, and FIDCs needing automated credit decisioning.
• BMP Digital - Credit Operations Management Credit operations management platform for managing the full lifecycle of credit products including origination, servicing, and portfolio monitoring. Targeted at institutions managing large credit portfolios such as FIDCs and securitizadoras.
• BMP Safe - Warranty and Collateral Management Warranty management and control system for tracking and managing collateral and guarantees in credit operations. Used by institutions offering asset-backed lending and structured credit products.
• BMP Múltiplo - Low-Code Fintech Creation Platform Platform for rapid fintech creation using a low-code approach with microservices and micro-frontends, enabling partners to launch financial products without API integration or file exchange. Targeted at startups and businesses wanting to launch fintech offerings quickly.
• BMP Sign & Doc - Document Issuance and Digital Signature Document issuance and digital signature solution for CCB (Cédula de Crédito Bancário), CCE, CPR-F and other financial documents. Designed for credit operations and banking institutions needing compliant electronic signatures.
• FULLBANKING - White-label Digital Banking Solution Full banking solution brand offering complete digital banking services under the white-label model. Enables partners to launch their own branded banks with BMP infrastructure behind the scenes.
• Credicarro - Vehicle Financing Platform Vehicle financing and refinancing platform, originally launched in 1999, relaunched as a peer-to-peer (P2P) platform for vehicle transactions between individuals. Provides credit for light and heavy vehicle purchases.
• Buy Now Pay Later (BNPL) Buy Now Pay Later product offering digital CDC (crédito direto ao consumidor) with Open Finance integration for retail customers. Targeted at retailers and marketplaces wanting to offer installment payment options.
• Collection Management Solutions Collection management solutions including ordinary banking collection (CNAB conversion, receivables schedule control, split payments, escrow accounts, direct debit, 2nd bill issuance, installment anticipation, early settlement, BPO suppliers) and extraordinary collection (policy management, provisioning, aging management, legal collection, asset recovery). Targeted at FIDCs, banks, and fintechs managing receivables portfolios.
• Sociedade de Crédito Direto (SCD) Lending Operations BMP operates as a Sociedade de Crédito Direto (SCD) authorized by Banco Central do Brasil, performing lending, financing, and acquisition of credit rights exclusively through an electronic platform using its own capital. Products include Capital de Giro, BNDES lines, receivables anticipation, vehicle financing, machinery and equipment financing, and personal credit.

Quantifiable outcome

• 4.7 million credit operations processed in 2021
• +3 more outcomes

Named customers17 records

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core, strategic and minor.

• Magazine Luiza (Magalu)coreStrategic or Co-development Partner · 1 January 2022Partnership to offer Buy Now Pay Later and credit services to Magalu customers. BMP developed BNPL infrastructure integrated with LuizaCred, enabling instant credit approval and digital installment payments for retail customers.
• Conampe (Confederação Nacional das Micros e Pequenas Empresas)strategicStrategic or Co-development Partner · 1 January 2020Partnership to provide R$ 1 billion in credit to micro and small entrepreneurs. BMP serves as the financial infrastructure enabling credit access for Conampe members.
• GympassminorStrategic or Co-development Partner · 1 January 2020Partnership to provide credit to partner gyms affected by the pandemic. BMP offered loans to fitness centers using Gympass platform.
• GrafenostrategicTechnology or Integration · 1 January 2019Partnership with Grafeno digital billing platform to provide banking services to FIDCs and securitizadoras. The partnership introduced 'Bank as a Platform' (BaaP) concept, enabling non-bank structures to offer banking products.
• B2W (Lojas Americanas)strategicStrategic or Co-development Partner · 1 January 2018Partnership to offer credit to marketplace sellers. B2W used BMP infrastructure to provide working capital loans to sellers on their platform.
• Mercado LivrecoreStrategic or Co-development Partner · 1 January 2016Founding partnership that established BMP as a major BaaS provider. BMP helped Mercado Livre create credit infrastructure for marketplace sellers, initially projecting R$ 35 million but delivering R$ 250 million in credit in the first year. This partnership validated BMP's model and attracted subsequent fintech and enterprise clients.

Scale indicators11 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key risks3 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bmp-money-plus
• Instagraminstagram.com/bmp.moneyplus
• Facebookfacebook.com/BMPMoneyPlus

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 BMP Money Plus