Dryve

What Dryve does

Dryve is a Brazilian digital automotive financial services platform founded in 2019 and headquartered in Ribeirão Preto, São Paulo. The company operates as a correspondent bank intermediary, connecting consumers with over 10 partner financial institutions to offer vehicle financing, car subscription, and vehicle-guaranteed loans. It serves four primary segments: individual consumers seeking vehicle financing or credit against their cars, authorized agents (correspondentes bancários) who intermediate transactions for commission, vehicle dealerships and concessionaires, and vehicle owners seeking lower-rate credit using their vehicles as collateral.

The platform is built on a 100% digital architecture supporting simulation, automated credit analysis, document collection, electronic signature, and payment processing entirely online, with native applications on iOS and Android. Dryve's technology integrates with partner banks including Santander, Itaú, Banco Pan, Banco Porto, and Daycoval for financing products, and with fleet operators Localiza, Unidas, and Movida for subscription services. The platform claims approval rates up to 3x higher than single-bank alternatives through multi-bank credit matching, and its secured loan product releases up to 120% of vehicle value at interest rates starting at 1.49% per month with 48-hour approval.

Dryve's business model combines transaction-based agent commissions (1.5% on financed amount), a one-time platform access fee (R$ 299 per agent), and affiliate referral revenue from fleet subscription partners. Distribution occurs through a hybrid of digital self-serve channels (website and mobile app) and a nationwide network of authorized agents who handle initial customer contact and document collection while all final transactions are processed digitally. The company is privately held, with no disclosed institutional investors beyond an early 2019 seed from 7stars Ventures, and operates exclusively in Brazil.

Name

Dryve

Legal name

DRYVE TECNOLOGIA LTDA

Website

https://dryve.com.br

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Short description

Dryve is a Brazilian digital platform operating as a correspondent bank to intermediate vehicle financing, car subscriptions, and vehicle-guaranteed loans between consumers and 10+ partner banks and fleet operators, supported by an authorized agent network and a fully digital workflow.

Ownership category

akta.pro rank

Headquarters

HQ city

Ribeirão Prêto

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Financing Commission: Dryve earns commission from financing intermediation, with agents receiving 1.5% on the financed amount for completed financing transactions.
2. Agent System Access Fee: Agents pay a system access fee of R$ 299.00 for access to Dryve's platform, which is deducted from future commissions.
3. Car Subscription Referrals: Revenue from car subscription services through partner fleet companies (Movida, Localiza, Unidas, etc.) with commission earned on vehicle subscription contracts.
4. Secured Loan Intermediation: Intermediation fees for vehicle-guaranteed loans where customers use their car as collateral for credit with lower interest rates.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Dryve is a Brazilian digital platform operating as a banking correspondent (correspondente bancário) that intermediates vehicle financing, vehicle-guaranteed secured loans, and car subscription services between individual consumers and a network of more than 10 partner banks and fleet companies. The platform connects applicants with multiple financial institutions to improve credit approval chances, offering a 100% digital end-to-end experience from simulation through credit analysis, digital document verification, electronic signature, and contract closing.

Product overview

Dryve is a digital automotive financial services platform that operates as a correspondent bank connecting consumers with financial institutions. The platform offers three core products: (1) Dryve Assinatura - vehicle subscription with insurance, maintenance, and assistance included; (2) Dryve Empréstimo - secured loans using vehicles as collateral with interest rates starting at 1.49%/month; and (3) Dryve Financiamento - multi-bank vehicle financing with over 10 partner institutions. The platform also supports an authorized agent network (Agente Autorizado Dryve) that assists customers through the financing process. All services are delivered through a 100% digital process.

Differentiator

Problem solved

Functional benefit

Products and services

• Dryve Assinatura (Car Subscription) Monthly vehicle subscription service for consumers wanting an all-inclusive alternative to owning or financing a car, with insurance, maintenance, IPVA and 24h assistance included in one payment.
• Dryve Empréstimo (Vehicle-Guaranteed Loan) Secured loan product that lets consumers use their vehicle as collateral to obtain credit with interest rates starting at 1.49% per month, up to 120% of vehicle value released, and approval in up to 48 hours, processed entirely online.
• Dryve Financiamento (Vehicle Financing) Multi-bank vehicle financing intermediation for consumers purchasing vehicles, connecting applicants with more than 10 partner banks and financial institutions to increase approval chances via a 100% digital simulation-to-payment flow.

Quantifiable outcome

• 3x higher approval chances compared to single-bank alternatives
• +6 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Localiza: Largest Brazilian car rental and fleet management company, also a Dryve subscription partner. Comparable via subscription offerings for Brazilian consumers, but with proprietary fleet assets.
• Movida: Major Brazilian car rental and subscription fleet operator, partner of Dryve for subscription services. Comparable via the car-subscription product, but operates the asset-heavy fleet side rather than intermediating.
• Geru: Brazilian online lending platform that uses alternative data and digital underwriting to originate consumer credit. Comparable to Dryve on the digital-first credit origination model serving Brazilian consumers.
• Creditas: Brazil's leading vehicle-secured lender (and broader home/auto secured credit platform). Directly comparable to Dryve on the secured auto-loan product, target Brazilian consumer segment, and origination model.

Broad incumbents

• Banco Pan: Brazilian bank specializing in auto financing and consumer credit, also listed as a Dryve partner bank. Comparable to Dryve via shared auto-finance product focus, though at much larger balance-sheet scale.
• Banco Inter: Large Brazilian digital bank offering consumer credit, vehicle financing, and a full multi-product stack. Comparable to Dryve on the auto-financing product within a much broader portfolio of products.
• Itaú Unibanco: Largest private Brazilian bank, listed as one of Dryve's 10+ financing partners. Comparable via overlap in vehicle financing and consumer-credit origination, but at incumbent scale across full banking products.

Regional players

• Kueski: Mexico's leading digital consumer lender using alternative data for credit decisions. Comparable to Dryve on the digital-first, multi-product (point-of-sale credit, secured loans, etc.) consumer lending playbook, but operating in Mexico rather than Brazil.

Emerging players

• C6 Bank: Brazilian digital-only bank offering consumer credit, cards, and investment products with embedded lending flows. Comparable to Dryve on a digital-first consumer-finance distribution model in Brazil, but broader in scope.
• RecargaPay: Brazilian fintech offering digital payments, prepaid, and consumer credit products to mass-market consumers. Comparable to Dryve as a Brazilian consumer fintech serving similar demographics via mobile-first flows, but with a payments-led rather than auto-led wedge.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/dryveoficial
• Facebookfacebook.com/dryveoficial
• LinkedInlinkedin.com/company/dryveoficial
• Instagraminstagram.com/dryveoficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Dryve