What Blue Consult does

Blue Consult is a Brazilian fintech company specializing in cryptocurrency income tax compliance for individual investors, accountants, and enterprise clients operating in Brazil. Founded in 2016 and headquartered in Brasília, the company addresses the structural complexity of Brazilian Receita Federal crypto reporting — spanning exchanges, wallets, DeFi, staking, LP positions, airdrops, bridges, swaps, and P2P transactions — through a dual-track product strategy: a self-serve SaaS platform (Blue Cripto) accessible at app.bluecripto.com.br and a full-service premium offering (Blue Consult) that pairs the same methodology with specialist accountant execution for complex and high-volume cases.

The company's core technology is the Blue Cripto software, a cloud-based crypto tax calculation and reporting engine that connects to major exchanges (Binance, Mercado Bitcoin, Coinbase, Bybit) and wallets or accepts CSV uploads, then automatically classifies transactions, computes cost basis and capital gains, and generates reports ready for Brazilian Federal Revenue filing. A 4-step user workflow (connect, process/classify, calculate, generate reports) underpins the SaaS experience. Blue Consult also exposes an API for fintechs and exchanges requiring high-volume, structured integration for tax reporting infrastructure. The firm is led by Mychel Mendes, a crypto tax specialist and accountant credited with Brazil's largest content library on the topic (1,000+ YouTube videos) and recurring media presence in tier-1 Brazilian outlets.

Blue Consult operates a hybrid revenue model combining recurring SaaS subscriptions for the self-serve Blue Cripto product with professional services revenue from the Blue Consult premium engagement model, which targets complex cases, DeFi operations, high-volume portfolios, and regularization of prior years on multi-year contracts. The company claims 8 years of operation, 5,000+ declarations processed, and R$ 5 billion+ in crypto assets analyzed. No external funding, institutional investors, or revenue figures are disclosed; the firm appears to be founder-owned and bootstrapped, with go-to-market driven primarily by organic content marketing, earned media, and a free-trial SaaS funnel.

Name

Blue Consult

Legal name

Blue Consult

Website

https://blueconsult.com.br

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Blue Consult is a Brazilian fintech providing cryptocurrency income tax compliance for individual investors, accountants, and enterprise clients. It combines a self-serve SaaS platform (Blue Cripto) with specialist accountant services and an API, generating Brazilian Receita Federal-ready reports from multi-exchange and DeFi transaction data.

Ownership category

akta.pro rank

Headquarters

HQ city

Brasília

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Blue Cripto Software Subscription: Self-serve software subscription enabling users to independently connect exchanges, process transactions, and generate tax reports. Accessed via app.bluecripto.com.br SaaS platform.
2. Blue Consult Premium Service: Full-service offering with human specialist execution. Includes diagnostic, data collection and cleansing, technical review, and final organized delivery with guidance. Targets complex cases, DeFi operations, high volume, and regularization of prior years.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Blue Consult provides cryptocurrency income tax compliance services in Brazil through two complementary offerings: Blue Cripto, a self-service SaaS platform that connects to exchanges and wallets, automatically classifies transactions, calculates cost basis and capital gains, and generates tax reports ready for Receita Federal declaration; and Blue Consult Premium, a full-service offering where specialist accountants execute the entire tax declaration workflow for complex cases involving DeFi, P2P, staking, and high-volume transactions. The company also exposes an API for fintechs and exchanges requiring structured integration.

Product overview

Blue Consult offers a dual-path cryptocurrency tax compliance solution combining a self-service software platform (Blue Cripto) and a full-service expert-delivered offering (Blue Consult Premium). Blue Cripto is the core SaaS product — users connect exchanges and wallets, and the platform automatically processes, classifies, and calculates taxes, producing ready-to-file income tax reports through a 4-step workflow. Blue Consult Premium wraps the same methodology in expert execution: a specialist accountant handles diagnostic, data collection and cleansing, technical review, and final organized delivery — targeting DeFi, P2P, and high-volume cases. The company also exposes an API targeting fintechs and exchanges for high-volume, structured integration.

Differentiator

Problem solved

Functional benefit

Brands

• Blue Cripto: Software platform that allows users to connect exchanges and wallets, automatically calculate cost basis, gains, and taxes, and generate tax reports for Brazilian income tax declarations.

Products and services

• Blue Cripto Blue Cripto is a self-service SaaS software platform that allows users to connect cryptocurrency exchanges and wallets, automatically calculate cost basis, capital gains, and tax obligations, and generate ready-to-file income tax reports for the Brazilian Receita Federal. It follows a 4-step workflow: connect data sources, process and classify transactions, calculate gains and taxes, and generate reports. Targets individual crypto investors with simple-to-moderate complexity.
• Blue Consult Premium Service Blue Consult Premium is a full-service offering where specialist accountants execute the entire cryptocurrency tax declaration workflow. Includes diagnostic assessment, data collection and cleansing, technical review, and final organized delivery with guidance. Targets complex cases involving DeFi operations, P2P trading, staking, LP positions, high-volume transactions (over 10,000 annually), and regularization of prior undeclared years.
• Blue Cripto API Public API targeting fintechs, cryptocurrency exchanges, and other platforms requiring high-volume, structured integration for cryptocurrency tax reporting and compliance infrastructure. Includes robust documentation enabling embedding in client platforms.

Quantifiable outcome

• 5,000+ declarations processed successfully
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• CoinTracker: US-based crypto tax and portfolio tracking platform that connects to exchanges and wallets to automate capital gains calculation and tax reporting. Directly comparable to Blue Cripto in core functionality, and a likely competitor if it invests in Brazilian localization.
• Koinly: Crypto tax calculator supporting 130+ integrations across exchanges, wallets, and blockchains, with country-specific tax report generation. Closest direct competitor to Blue Cripto in terms of integration breadth and report outputs, with growing LATAM coverage.
• TokenTax: Crypto tax software that combines self-serve tools with a full-service concierge offering, very similar to Blue Consult's dual SaaS + premium service model. Comparable in product depth and in serving high-volume, complex DeFi users.
• CryptoTaxCalculator: Australian-headquartered crypto tax software supporting 150+ integrations and multiple country tax reports, including extensive DeFi/NFT coverage. Directly comparable in feature scope to Blue Cripto and a credible entrant into the Brazilian market.
• Blockpit: European crypto tax and portfolio tracking platform (formed via merger of Accointing and Blockpit) with strong regulatory positioning and country-specific tax reports. Comparable in regulated-jurisdiction focus and in combining self-serve tools with compliance-grade reporting.
• ZenLedger: US crypto tax software with broad exchange/wallet integrations and CPA-facing tools, including a TurboTax partnership. Comparable to Blue Consult in serving both individual investors and accounting professionals with standardized methodology.

Regional players

• Contabilizei: Brazil's largest online accounting firm, serving SMBs with bookkeeping, tax filing, and payroll via a tech-enabled platform. Comparable in providing tech-enabled tax/accounting services to Brazilian SMBs and a potential partner or competitor as it expands into crypto.
• Agilize: Brazilian tech-enabled accounting and tax firm for SMBs and individuals, with online onboarding and subscription pricing. Adjacent competitor in Brazilian online tax services and a potential channel for Blue Consult's accountant-facing product.

Broad incumbents

• TaxBit: Enterprise-focused crypto tax and accounting infrastructure provider serving exchanges, brokers, and enterprises with white-label and API offerings. Comparable to Blue Consult's API motion for fintechs and exchanges, but at a much larger enterprise scale.

Emerging players

• Divly: Nordic-headquartered crypto tax software focused on the Nordics and broader Europe, with country-specific tax report generation. Comparable in product model and in expanding into new regulated markets, though with a different geographic footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/blueconsultdf

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Blue Consult