What Santinvest does

Santinvest is a Brazilian financial institution headquartered in Florianópolis, Santa Catarina, operating as a Credit, Financing and Investment institution (CFI) under authorization from the Banco Central do Brasil since 1993. The group is structured as a holding company (Santinvest S.A. - Participações) controlling the operating entity SANTINVEST S/A CRÉDITO FINANCIAMENTO E INVESTIMENTOS. Founded in 1987 by a consortium of leading Santa Catarina industrial companies — including Têxtil Cia. Hering/Artex, Consul, WEG, Sadia, Perdigão, Fundição Tupy, and Hansen Industrial — the institution pioneered the payroll-deducted loan (empréstimo consignado) for public servants in Santa Catarina in 1994, beginning with a convenant with the Polícia Militar de Santa Catarina. Current leadership is Vicente Donini (Presidente).

The company serves three customer segments. For individuals (primarily public servants and private-sector employees with payroll deduction agreements), Santinvest offers Empréstimo Consignado with fixed installments debited directly from payroll, money disbursed within 24 hours of approval, minimum installments of R$50, and a maximum borrower age of 69 years 11 months. For small and medium businesses, the institution provides working capital solutions: Antecipação de Recebíveis, Compror, Vendor, and Capital de Giro, accessed through the Portal do Cliente. For individual and corporate investors, Santinvest issues fixed-income instruments including CDB, RDB, LC (minimum R$1,000) and DPGE (minimum R$500,000), all FGC-protected up to R$250,000 per investor and registered at CETIP under the investor's CPF/CNPJ. Distribution combines five physical branches across Santa Catarina (Florianópolis, Blumenau, Chapecó, Joinville) with a digital stack comprising a Customer Portal, mobile app, WhatsApp, and web-based loan simulation.

Revenue is generated through net interest income on credit operations (consignado and SME working capital) and spread earned on fixed-income issuance and management. The institution also derives fee revenue from a Correspondente Bancário partner program. Operations are underpinned by an LGPD-compliant data protection framework, a Board-approved cybersecurity and information security policy (effective 12/18/2020), and centralized customer service channels including a 0800 call center and dedicated Ouvidoria. The company has been a member of the national Poupa Brasil digital investment initiative since 2015 and is currently expanding investor reach through digital channels beyond its Santa Catarina physical base.

Name

Santinvest

Legal name

SANTINVEST S/A CREDITO FINANCIAMENTO E INVESTIMENTOS

Website

https://santinvest.com.br

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Santinvest is a Santa Catarina-based Brazilian financial institution (CFI) authorized by BACEN since 1993, offering payroll-deducted loans, SME working capital solutions, and fixed-income investments to public servants, businesses, and individual investors across the state.

Ownership category

akta.pro rank

Product category

Consumer and Commercial Banking

NAICS

Sales Financing (522220)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Salary-Backed / Payroll-Deducted Secured Loans (FSAKALAI)

Keywords

• Payroll deduction loans
• Working capital solutions
• Fixed income investments
• Receivables advance financing
• Consumer credit services

Headquarters

HQ city

Florianópolis

HQ country

Brazil

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Consignado (Payroll Deduction Loans): Interest income from loans to public servants and private sector employees where repayments are automatically deducted from payroll. Loan amounts are credited to the borrower's account, with fixed installments repaid through payroll deduction. Minimum installment value of R$50.00.
2. Business Credit Solutions: Revenue from working capital loans, receivables advance (Antecipação de Recebíveis), and vendor financing (Vendor) and Compror solutions for companies.
3. Fixed Income Investments (Renda Fixa): Revenue from issuing and managing fixed income products including CDB, RDB, LC (Letras de Câmbio), and DPGE. Products offer pre-fixed or post-fixed rates tied to CDI, with minimum investment of R$1,000 for CDB/RDB/LC and R$500,000 for DPGE.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Santinvest is a BACEN-regulated financial institution (CFI) offering payroll-deducted personal loans (Empréstimo Consignado), working capital and receivables solutions for businesses (Antecipação de Recebíveis, Compror, Vendor, Capital de Giro), and fixed-income investment products (CDB, RDB, LC, DPGE). Operations are concentrated in Santa Catarina through physical branches and a digital customer portal, with over 50,000 customers served historically.

Product overview

Santinvest is a Brazilian financial institution headquartered in Santa Catarina offering a comprehensive suite of credit and investment products. For individuals, the core product is the Empréstimo Consignado (payroll-deducted loan) with money available in up to 24 hours. For businesses, Santinvest provides working capital solutions including Antecipação de Recebíveis, Compror, Vendor, and Capital de Giro, all accessible through the Portal do Cliente. For investors, the company offers fixed income products including CDB, RDB, LC, and DPGE with FGC protection up to R$250,000. Additionally, the Portal de Renegociação enables debt renegotiation with installment and à vista payment options. The company operates as a digital-first institution regulated by the Banco Central do Brasil with over 40 years of market presence.

Differentiator

Problem solved

Functional benefit

Products and services

• Empréstimo Consignado Payroll-deducted personal loan for municipal/state public servants and private-sector employees with convenant agreements, with fixed installments debited directly from payroll and money disbursed in up to 24 hours.
• Antecipação de Recebíveis Receivables advance service allowing companies to receive future sales and services revenue earlier, optimizing cash flow with security and agility.
• Compror Credit solution enabling companies to pay suppliers upfront and negotiate better purchase terms through à vista payment.
• Vendor Credit solution allowing companies to receive payment upfront while customers pay in installments.
• Capital de Giro Working capital credit line for companies to meet basic operational needs and maintain business functionality.
• Correspondente Bancário Banking correspondent partnership service allowing partners to offer Santinvest financial solutions with competitive commissions.
• CDB (Certificado de Depósito Bancário) Bank Deposit Certificate, a fixed-income investment that tracks CDI rates and guarantees basic interest rate (Selic). Minimum investment R$1,000 with FGC protection.
• RDB (Recibo de Depósito Bancário) Bank Deposit Receipt, a fixed-income investment indexed to CDI with guaranteed returns and FGC protection. Minimum investment R$1,000.
• LC (Letra de Câmbio) Exchange Bill, a credit instrument used by finance companies to raise funds, linked to credit operations and protected by FGC. Minimum investment R$1,000.
• DPGE (Depósito a Prazo com Garantia Especial) Special Guarantee Term Deposit, BACEN-regulated deposit insured up to R$40 million under the special guarantee scheme. Minimum investment R$500,000, with 6-month to 3-year maturity.
• Portal de Renegociação Online debt renegotiation portal allowing customers to view outstanding balances, negotiate payment terms (à vista or parcelado), and issue duplicate boleto copies.

Quantifiable outcome

• More than 50,000 customers served historically
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• MarisolnotableStrategic or Co-development Partner · 1 January 2005Marisol joined as an important Santa Catarina partner in 2005, expanding Santinvest's product portfolio through personalized service to Marisol's franchisees across the national territory. The partnership enabled Santinvest to reach franchise business customers through Marisol's distribution network.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Banco Pine: Brazilian CFI focused on corporate banking and capital markets with fixed-income issuance capabilities (similar to Santinvest's CDB/RDB/LC/DPGE suite), though with a heavier large-corporate tilt.
• Banco Pan: Brazilian CFI with strong consumer credit and payroll-deducted loan franchise, plus vehicle financing. Operates a multi-channel model similar to Santinvest and competes directly for the same consignado borrowers and SMB working-capital clients.
• Facta Financeira: Smaller Brazilian CFI with strong focus on payroll-deducted loans and personal credit. Comparable scale and product set to Santinvest, and directly competitive in the consignado origination channel.
• Crefisa: Brazilian CFI specializing in payroll-deducted loans and personal credit, with an extensive branch and digital distribution model. Closely comparable to Santinvest in product focus (consignado-centric) and target customer.
• Banco Daycoval: Brazilian CFI offering consumer credit, payroll-deducted loans, SMB working capital, and fixed-income products. Closely aligned with Santinvest's three-segment model (consumer / SMB / investors).
• Banco BMG: Brazilian CFI historically focused on payroll-deducted (consignado) loans and consumer credit, with very similar product mix to Santinvest's core offerings. Both operate as CFIs with multi-decade focus on the consignado channel.
• Banco Votorantim: Brazilian CFI with corporate banking, working-capital solutions, and consumer credit offerings. Comparable to Santinvest in regulatory status (CFI) and in serving both corporate and individual clients.

Broad incumbents

• Bradesco: Major Brazilian commercial bank with extensive public-sector payroll partnerships and a nationwide branch network that captures many of the same Santa Catarina public-sector employees Santinvest serves.
• Itaú Unibanco: Largest private-sector bank in Brazil with a substantial consignado and consumer credit portfolio, plus a full fixed-income platform. Sets the national benchmark that Santinvest's local offering competes against.

Emerging players

• Banco Inter: Digital-first Brazilian bank that has rapidly expanded into consumer credit, payroll-deducted loans, and fixed-income investments. Represents the digital-native competitive threat to Santinvest's regional franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/santinvestcfi

Compliance3 records

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 Santinvest