Círculo de Crédito

What Círculo de Crédito does

Círculo de Crédito, S.A. de C.V., Sociedad de Información Crediticia, is a Mexican credit bureau founded in 2005 and headquartered in Mexico City. Operating as a regulated Sociedad de Información Crediticia under LRSIC and Banco de México Circular 27/2008, the company is supervised by SHCP, CNBV, Banco de México, CONDUSEF, and PROFECO. It maintains credit information on approximately 80 million validated consumer identities and 2 billion tradelines, with explicit specialization in alternative credit data that extends coverage beyond traditional bureau files. The company serves more than 1,700 enterprise customers across banking, retail, fintech, and telecommunications, alongside individual consumers and small and medium businesses (PyMEs).

The product platform is anchored by Mi Reporte de Crédito Especial (Mi RCE), a consolidated consumer credit history report, paired with Credit Score, a FICO-powered numerical rating. Supporting products include Notificaciones (credit monitoring and anomaly alerts), Protege tu historial (a 3-month credit profile lock against identity theft), and Mi RCE para empresas (a PyME-focused business credit report). Distribution runs through a website, an iOS/Android mobile application with Jumio-powered biometric authentication and INE identity verification, phone support, a customer service unit in Plaza Polanco, and direct B2B sales to enterprise credit grantors.

The business model combines B2B enterprise subscriptions (credit information services for lenders and grantors) with regulated consumer pricing. Consumer pricing is set by Circular 27/2008 — the first annual RCE is free, subsequent reports cost $37 MXN, Credit Score costs $60 MXN per consultation, and Notificaciones subscriptions run from free (Basic, 3 months) to $249 MXN per 12 months (Pro). Payment processing is handled via Openpay and accepts credit/debit cards, PayPal, and bank transfers. For the 12 months ended June 30, 2026, the company reported $134 million in revenue (up 31% year-over-year) and $62 million in adjusted EBITDA, implying mid-40% EBITDA margins. In July 2026, Equifax announced a definitive agreement to acquire Círculo for $750 million in enterprise value, expected to close in Q4 2026 pending regulatory approval.

Name

Círculo de Crédito

Legal name

Círculo de Crédito, S.A. de C.V., Sociedad de Información Crediticia

Website

https://circulodecredito.com.mx

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Círculo de Crédito is a regulated Mexican credit bureau founded in 2005, covering 80 million validated consumer identities and 2 billion tradelines. It serves 1,700+ enterprise customers across banking, retail, fintech, and telecom, plus consumers via Mi RCE, FICO-based Credit Score, monitoring, and identity protection products.

Ownership category

akta.pro rank

Product category

Credit Bureau Services

NAICS

Credit Bureaus (561450), Credit Bureaus (56145)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320)

akta.pro industry

PRIMARYFSAKAKAA

Credit Bureaus & Consumer Credit Reporting Agencies

Financial & Insurance/Lending & Consumer Finance/Credit Reporting, Scoring & Underwriting (Consumer)

SECONDARYFSAKAKAB

Alternative / Non-Traditional Credit Data Providers

Financial & Insurance/Lending & Consumer Finance/Credit Reporting, Scoring & Underwriting (Consumer)

SECONDARYFSAKAKAJ

Credit Education, Monitoring & Consumer Credit Management Tools

Financial & Insurance/Lending & Consumer Finance/Credit Reporting, Scoring & Underwriting (Consumer)

Keywords

• Credit bureau services
• Consumer credit reporting
• Credit scoring
• Financial information services
• Alternative credit data

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Credit Bureau Services - Individual Consumers: Revenue from individuals purchasing credit reports (RCE) and credit scores. First RCE is free per year; subsequent reports cost $37 MXN via website/app. Credit Score costs $60 MXN.
2. Enterprise Credit Information Services: Revenue from financial institutions, retailers, fintechs, and telecommunications companies that provide credit information and use Círculo's data services. Serves 1,700+ enterprise customers.
3. Notification and Monitoring Services: Subscription services for credit monitoring and alerts. Plans include Basic (free for 3 months), Standard ($89 MXN/3 months), and Pro ($249 MXN/12 months with discount).
4. Credit History Protection Services: Protege tu Historial service allowing consumers to block access to their credit history for 3 months, protecting against identity theft. Free with RCE purchase.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Círculo de Crédito is a Mexican regulated credit bureau (Sociedad de Información Crediticia) that aggregates credit information from banks, fintechs, retailers, and telecom companies. It delivers consumer credit reports (Mi RCE), FICO-based Credit Scores, credit monitoring alerts (Notificaciones), and credit history protection services, while also providing enterprise credit information services to over 1,700 credit grantors in Mexico.

Product overview

Círculo de Crédito operates as a unified credit information platform combining multiple products for Mexican consumers and businesses. The core offering consists of Mi Reporte de Crédito Especial (Mi RCE), a comprehensive credit history report, paired with Credit Score, a numerical credit rating powered by FICO scoring models. The Círculo de Crédito App serves as the primary access platform, integrating all consumer services including credit monitoring (Notificaciones), identity protection (Protege tu historial), and the RCE/Mi Score products into a single mobile experience. For businesses, Mi RCE para empresas provides dedicated SME credit reporting. All services are delivered through a regulated digital infrastructure supervised by Mexican financial authorities (SHCP, CNBV, Banco de México, CONDUSEF, PROFECO) under LRSIC compliance.

Differentiator

Problem solved

Functional benefit

Products and services

• Mi Reporte de Crédito Especial (Mi RCE) Mi RCE is the core consumer credit report product that provides a consolidated view of an individual's complete credit history, including all credits, payment behaviors, and creditor information from banking, retail, fintech, and other entities over the past 24 months. First annual report is free per Article 40 LRSIC; subsequent reports cost $37 MXN.
• Credit Score Credit Score is a numerical credit rating that predicts the probability of default on debts, utilizing FICO Score models. It provides consumers with a clear indicator of their credit health and guidance on how to improve their standing. Priced at $60 MXN per consultation.
• Notificaciones Notificaciones is a credit monitoring and alert service that notifies users in real time about changes to their credit history, including new credits, deletions, payment behavior changes, and unauthorized inquiries. Available in Basic (free for 3 months), Standard ($89 MXN/3 months), and Pro ($249 MXN/12 months) tiers.
• Protege tu Historial Protege tu historial is a credit history protection service that allows users to temporarily block access to their credit profile, preventing unwanted inquiries by credit grantors. The service runs for 3 months and helps protect against identity theft in credit transactions. Free with RCE purchase.
• Mi RCE para Empresas Mi RCE para empresas (RCE persona moral) is a business credit report product that provides small and medium enterprises (PyMEs) with their company's credit history, including payment tracking, detection of unrecognized charges, and information about which creditors are viewing the business profile. Priced at $34.20 MXN per report.
• Círculo de Crédito Mobile App The Círculo de Crédito mobile application (available on iOS and Android) is a unified platform that provides consumers access to their Credit Score, Special Credit Report (Mi RCE), credit alerts (Notificaciones), and identity protection features (Protege tu historial). Uses biometric authentication (Jumio) and fingerprint/face ID for secure access.
• Enterprise Credit Information Services B2B credit information services providing banks, fintechs, retailers, and telecommunications companies with access to credit history data, alternative credit data analytics, and customer creditworthiness assessment tools for lending decisions.

Quantifiable outcome

• Mexico's fastest-growing credit bureau with 31% YoY revenue growth
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature4 records

Scale indicators10 records

Recent moves4 records

Expansion highlights5 records

Broad incumbents

• Equifax: Equifax is a global credit bureau incumbent and the acquirer of Círculo de Crédito. Beyond competing via its Buró de Crédito stake, Equifax operates a worldwide portfolio of credit information, analytics, and identity services; its acquisition directly validates Círculo's scale and capabilities while creating a global competitor in the same product category.
• Experian: Experian is a global credit bureau incumbent with emerging-market presence. It competes in the broader credit information and analytics category that includes Círculo de Crédito, offering consumer reports, scores, and alternative data to lenders worldwide, including in Latin America.
• Dun & Bradstreet: Dun & Bradstreet is a global business credit information provider. Círculo's Mi RCE para empresas competes in the same business credit reporting category, and D&B's broad data analytics and alternative data capabilities are comparable to Círculo's enterprise offerings in Mexico.

Others

• Jumio: Jumio is the biometric identity verification provider integrated into Círculo's platform for facial recognition and fingerprint authentication. It is an ecosystem enabler whose KYC capabilities directly support Círculo's identity verification and fraud prevention features.
• Openpay: Openpay is the payment gateway used by Círculo de Crédito to process consumer purchases of credit reports, scores, and subscription plans. It is an enabling infrastructure provider within Círculo's consumer monetization stack.
• FICO: FICO provides the credit scoring methodology that Círculo de Crédito licenses for its Credit Score product. As a critical infrastructure partner, FICO is an ecosystem peer whose scoring models underpin much of Círculo's consumer-facing credit score offerings.

Direct peers

• TransUnion: TransUnion is a global credit bureau with a Mexican subsidiary competing directly with Círculo de Crédito. It offers consumer credit reports, scores, and alternative data services to the same banking, fintech, retail, and telecom customers in Mexico, and competes for inclusion in the regulated SIC ecosystem.
• Buró de Crédito: Buró de Crédito is Mexico's other major consumer credit bureau, historically a joint venture involving Equifax and TransUnion. It directly competes with Círculo de Crédito in compiling consumer credit histories and serving Mexican banks, retailers, and fintechs under the same CONDUSEF regulatory framework. The pending Equifax acquisition of Círculo further entrenches Buró de Crédito as a deeply comparable competitor.

Emerging players

• Kueski: Kueski is a Mexican digital lending fintech that relies heavily on alternative credit data for underwriting thin-file consumers. It is a customer of Círculo's data services and competes in the broader Mexican credit information ecosystem feeding into consumer lending decisions.
• CRIF: CRIF is an Italian-headquartered credit bureau and analytics provider with growing presence in Latin America. It offers consumer and business credit information, scoring, and alternative data services, overlapping with Círculo's enterprise offerings for banking and fintech clients in emerging markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xx.com/CDC_Mex
• Facebookfacebook.com/circulodecreditomx
• Instagraminstagram.com/circulodecredito
• TikToktiktok.com/@circulodecredito
• LinkedInlinkedin.com/company/circulo-de-credito

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Círculo de Crédito