Sisprime do Brasil

What Sisprime do Brasil does

Sisprime do Brasil is a privately-held credit cooperative (cooperativa de crédito) founded in 1997 in Londrina, Paraná, Brazil. The institution was established by physicians affiliated with the Unimed healthcare cooperative system and operates with a preferential vertical focus on Unimed-aligned healthcare professionals while also serving the broader Brazilian public as an independent credit cooperative. Sisprime operates within the Brazilian financial system under the supervision of the Banco Central do Brasil and is one of 783 credit cooperatives nationally, ranking 3rd for distribution of results per member as of June 2023 — 1st in São Paulo, 2nd in Paraná.

The cooperative's product set centers on a proprietary Mastercard card portfolio spanning Black, Platinum, Gold, Business, and Standard tiers; more than 40 credit and financing lines (personal, vehicle, real estate, secured credit against Cota Capital, CDCA for agribusiness, and CCE export credit); investment products anchored on Cota Capital shares indexed to 100% of accumulated Selic; consórcios for asset acquisition; insurance distribution through the wholly-owned Sisprime Corretora subsidiary; and digital payment solutions via PIX and FGTS Digital. Distribution is hybrid: physical agency branches in Londrina (HQ), Castro, and Arapongas supported by dedicated relationship managers, paired with a self-serve stack comprising the App Sisprime do Brasil, Internet Banking, and telephone banking. The technology layer emphasizes security architecture — multi-factor authentication, virtual card generation, real-time access monitoring, and continuous behavioral surveillance across social networks and search engines for fraud prevention — and integrates natively with Banco Central rails (PIX, Registrato).

Revenue is generated primarily through interest income on credit operations, interchange fees on Mastercard transactions, insurance brokerage commissions from Sisprime Corretora, and net interest spread on deposits and investment products (RDC, CDBs, savings accounts). As a non-profit cooperative, Sisprime does not retain traditional profits but distributes "Sobras" — annual operating surpluses allocated proportionally to each member's transactional volume — and R$250 million was distributed in 2024. Go-to-market is relationship-manager-led within the Unimed healthcare community, supplemented by direct-to-consumer acquisition via the "Quero me cooperar" program and self-serve mobile and internet channels; the cooperative serves approximately 1,000 cities across Brazil.

Name

Sisprime do Brasil

Legal name

Sisprime do Brasil

Website

https://sisprimedobrasil.com.br

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Sisprime do Brasil is a Brazilian credit cooperative founded in 1997 that delivers retail banking, credit lines, Mastercard cards, investments, insurance, and payment solutions to Unimed-affiliated physicians and the broader public across Paraná, São Paulo, and 1,000+ Brazilian cities.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Depository Credit Intermediation (5221), Consumer Lending (522291), Credit Card Issuing (522210)

SIC

Personal Credit Institutions (6141), Savings Institution, Federally Chartered (6035)

akta.pro industry

PRIMARYFSABAEAC

Community Development Credit Unions (CDCUs)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Community & Cooperative Banking (Credit Unions, Mutuals)

Keywords

• Credit cooperative services
• Cooperative banking products
• Mastercard credit cards
• Cooperative lending solutions
• Healthcare financial services

Headquarters

HQ city

Londrina

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Credit Operations: Sisprime generates the majority of its revenue from interest income on loans and financing provided to its members. The cooperative offers over 40 credit lines including personal credit, secured credit against capital shares (Cota Capital), vehicle financing, real estate financing, agricultural credit (CDCA), and export credit (Cédula de Crédito à Exportação).
2. Card Operations: Revenue from interchange fees on credit and debit card transactions processed through the proprietary Sisprime Mastercard portfolio (Black, Platinum, Gold, Business, Standard). The cooperative also earns commissions on loyalty program partnerships (Azul, Latam Pass, Livelo).
3. Insurance and Financial Products Distribution: Sisprime Corretora distributes insurance products and maintains a portfolio of over 20 products with billing exceeding R$ 10 million. Revenue includes insurance brokerage commissions and fees from consórcio (collective purchase group) plans.
4. Deposit Taking and Investment Products: The cooperative takes deposits and offers investment products including Cota Capital, Recibo de Depósito Cooperativo (RDC), CDBs, savings accounts, and government bonds, earning the spread between lending and deposit rates.
5. Sobras (Profit Distribution): As a non-profit cooperative, Sisprime does not generate profit in the traditional sense. Instead, it distributes 'Sobras' (surpluses) to members based on their transaction volume with the cooperative. In 2024, R$ 250 million was distributed as Sobras.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Sisprime do Brasil is a credit cooperative offering a comprehensive suite of financial products and services, including Mastercard-branded credit and debit cards (Black, Platinum, Gold, Business, Standard tiers), current accounts, investment products (Cota Capital, RDC, savings), credit lines and financing (personal, vehicle, real estate, agribusiness), purchasing consortiums, insurance brokerage through its subsidiary Sisprime Corretora, and digital payment solutions including PIX. The cooperative serves both individual members (cooperados) and healthcare-related businesses, with a preferential focus on physicians and healthcare professionals affiliated with the Unimed healthcare cooperative system across Brazil.

Product overview

Sisprime do Brasil operates as a credit cooperative offering a comprehensive suite of financial products and services centered on its Mastercard card portfolio (Black, Platinum, Gold, Business, and Standard tiers), current accounts, investment products (Cota Capital, RDC, savings), credit lines (personal, vehicle, real estate, agribusiness), consortiums, insurance through Sisprime Corretora, and digital payment solutions including PIX. The cooperative distributes over R$250 million annually in profits ('sobras') to its cooperados and maintains strategic partnerships with Mastercard for card processing and airline loyalty programs (Azul, Latam, Livelo) for point redemptions.

Differentiator

Problem solved

Functional benefit

Brands

• Cartões Sisprime Mastercard: Credit and debit card products under the Mastercard brand, including Black, Platinum, Gold, Business, and Standard variants.

Products and services

• Cartões Sisprime Mastercard (Sisprime Mastercard Cards)

Quantifiable outcome

• R$ 250 million in Sobras distributed to members in 2024
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• MastercardcoreTechnology or IntegrationMastercard is Sisprime's exclusive card network partner for its proprietary credit card portfolio including Black, Platinum, Gold, Business, and Standard cards. The partnership enables global card acceptance, travel benefits (LoungeKey, MasterAssist Black, Schengen letter), and integration with Mastercard's security infrastructure including biometric authentication and fraud prevention systems.
• Azul Linhas Aéreas (AzulFID)coreGTM or Marketing PartnerAzul is a key loyalty program partner of Sisprime's card rewards program. Cardholders can convert accumulated points into Azul passes and flight benefits, with promotional bonus offers periodically available to Sisprime members.
• Latam PasscoreGTM or Marketing PartnerLatam Pass is a loyalty program partner enabling Sisprime cardholders to accumulate and redeem points for Latam flights, upgrades, and partner services across the OneWorld alliance network.
• LivelocoreGTM or Marketing PartnerLivelo is a multi-partner rewards platform through which Sisprime cardholders can accumulate and redeem points across thousands of products and services including electronics, appliances, travel, and experiences.
• Unimed do Brasil (Sistema Unimed)coreStrategic or Co-development PartnerSisprime was founded by and maintains a preferential partnership with the Unimed system — Brazil's largest healthcare cooperative network. The company is the largest credit cooperative supporting the Unimed ecosystem, maintaining relationships with over 70 Unimed singular cooperatives. Sisprime participates annually in the Unimed National Convention and regional events, offering specialized financial products for physicians and healthcare facilities.
• AIG (MasterAssist Black Insurance)coreGTM or Marketing PartnerAIG provides the MasterAssist Black international medical insurance through Mastercard, offering Sisprime Black cardholders coverage of up to USD 175,000 per person per trip, including medical evacuation, trip protection, and 24/7 multilingual assistance during international travel.
• Instituto União pela Vida (Tamparinhash Campaign)minorOthersSisprime Corretora employees participate in the 'União das Tampinhas' campaign organized by Instituto União pela Vida, converting recycling into donations for children's charities.
• Banco Central do BrasilcoreOthersRegulatory authority overseeing all credit cooperative operations in Brazil. Sisprime is subject to Banco Central supervision and participates in its quarterly reporting, market surveys, and financial inclusion initiatives including PIX and Registrato systems.
• Febraban (Federação Brasileira de Bancos)minorOthersSisprime participates in Febraban events and initiatives including the 13th Congress on Money Laundering Prevention and Financing of Terrorism, demonstrating commitment to regulatory compliance and industry standards.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Sicoob (Sistema de Cooperativas de Crédito do Brasil): Sicoob is Brazil's largest credit cooperative system with thousands of affiliated cooperatives across the country. Directly comparable as a peer cooperative banking model serving members with deposits, credit, and payments, though Sicoob operates as a multi-cooperative central rather than a single independent cooperative.
• Nubank: Nubank is Brazil's largest digital bank, serving consumers and small businesses with credit cards, accounts, and personal loans. Comparable to Sisprime as a competing provider of cards, credit, and deposits to Brazilian individuals, though Nubank is investor-backed, digital-only, and targets a mass-market consumer base.
• Banco do Brasil: Banco do Brasil is one of Brazil's largest state-controlled banks with national branch and digital banking coverage. Comparable as a peer full-service depository institution offering credit, cards, investments, and insurance, though with a much broader geographic and segment footprint.
• Sicredi: Sicredi is Brazil's second-largest credit cooperative system with a national footprint and centralized brand. Comparable to Sisprime as a member-owned cooperative banking institution offering deposits, credit, and digital banking, though Sicredi is more broadly diversified across member segments rather than healthcare-vertical focused.
• Caixa Econômica Federal: Caixa is a major Brazilian federal bank with extensive branch and digital banking infrastructure. Comparable as a peer depository institution offering the full suite of banking services to individuals across Brazil, though much larger and government-owned.
• Banco Inter: Banco Inter is a Brazilian digital bank offering accounts, credit, investments, and cards to consumers and businesses. Comparable to Sisprime as a competitor in digital banking and card issuance, though Inter is publicly traded and serves a broader retail segment.

Regional players

• Unimed Seguros: Unimed Seguros is the insurance arm of Sistema Unimed, sharing the same healthcare cooperative ecosystem as Sisprime. Comparable as a Unimed-affiliated financial services entity with access to the same physician member base, though focused on insurance rather than full banking.
• Viacredi (Cooperativa de Crédito Viacredi): Viacredi is a Brazilian credit cooperative affiliated with Via Varejo, serving retail and adjacent members. Comparable as a peer cooperative banking institution with member-owned structure, deposits, credit, and digital channels, though focused on a retail/employee vertical rather than healthcare.

Direct peers

• Cresol Cooperativa Central: Cresol is a Brazilian credit cooperative central focused on agricultural and rural members, operating across multiple states. Directly comparable as a peer cooperative financial institution with a specific vertical focus (agriculture vs. Sisprime's healthcare), serving members with credit, deposits, and digital channels.
• Cooperforte: Cooperforte is a Brazilian credit cooperative serving public-sector professionals. Comparable to Sisprime as a single-vertical professional-focused credit cooperative with member-owned governance and a national membership base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@sisprimedobrasil.cooperativa
• Facebookfacebook.com/sisprimedobrasil
• LinkedInlinkedin.com/company/sisprimedobrasil
• Instagraminstagram.com/sisprimedobrasil

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Sisprime do Brasil