Coopnore

What Coopnore does

Coopnore is a Brazilian cooperative financial institution (Cooperativa de Economia e Crédito Mútuo dos Profissionais da Área Notarial e Registral), founded on November 18, 2005, in Porto Alegre, Rio Grande do Sul, and operating under the legal name COOPERATIVA DE ECONOMIA E CRÉDITO MÚTUO DOS PROFISSIONAIS DA ÁREA NOTARIAL E REGISTRAL — COOPNORE. It is the only cooperative financial institution in Brazil authorized by the Central Bank to exclusively serve notaries and registrars (the extrajudicial class), with ~4,729 members as of April 2026, R$ 312 million in total assets, and R$ 27 million in adjusted equity as of November 2025. The firm has held a nationwide digital operating license since 2021, enabling full-service onboarding and account access across all 27 Brazilian states and the Federal District from a regional physical base.

The product portfolio is comprehensive for a credit cooperative of this scale: current accounts (no maintenance fees), the Unicred Visa card family (Infinite, Platinum, Gold, Classic, Business Signature, Ímpar), credit lines (personal, working capital, vehicle, home, equipment, sustainable energy, salary anticipation, overdraft), investments (fixed-income RDC, investment funds via the Unicred Investimentos platform), insurance (auto, residential, life, business, travel, professional liability) distributed through Unicred Corretora, pension (Quanta Previdência/Cooprev), consórcios across five categories (real estate, auto, motorcycle, heavy vehicles, services), and a proprietary collections platform called CobExpress with boleto issuance, CNAB 240/400/850 file processing, PIX-hybrid payments, and a boleto API. Technology is largely delivered through the Unicred System's shared infrastructure — Unicred Mobile app (iOS/Android), Internet Banking, dedicated Unicred Visa card app, and Banco24Horas/Rede Plus ATM access — with CobExpress as the principal Coopnore-specific layer.

The business model is membership-based and member-owned rather than shareholder-owned. There are no external equity investors or funding rounds disclosed. Revenue is generated from net interest income on credit operations extended to members, transaction and collection fees, commissions on insurance and investment product distribution, and consortium administration fees (10%–16% depending on category). The GTM motion is relationship-led: each member is assigned a dedicated Relationship Manager (Gerente de Relacionamento), augmented by an 8-step digital onboarding flow, a network of 27 brand ambassadors (Embaixadores da Marca) launched in November 2025, partnerships with ~25+ supporting class entities (ANOREG, ARPEN, SINOREG chapters), and a partner benefits network (Conecta Coopnore — Dell, Brasil Advice, CCTEC, Infographya, Alfa Travel, Stone, Unimed, and others). Members participate in annual surplus distributions (sobras) and hold equal voting rights regardless of capital participation, in line with the seven cooperative principles.

Name

Coopnore

Legal name

COOPERATIVA DE ECONOMIA E CRÉDITO MÚTUO DOS PROFISSIONAIS DA ÁREA NOTARIAL E REGISTRAL - COOPNORE

Website

https://coopnore.com.br

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Coopnore Unicred is a Brazilian member-owned cooperative financial institution founded in 2005, exclusively serving notaries and registrars nationwide with current accounts, credit, investments, insurance, pension, consortiums, and collections through digital channels and offices in Porto Alegre and Florianópolis.

Ownership category

akta.pro rank

Product category

Cooperative Banking Services

NAICS

Credit Unions (52213), Consumer Lending (522291), Depository Credit Intermediation (5221)

SIC

Personal Credit Institutions (6141), Miscellaneous Business Credit Institution (6159), Finance Services (6199)

akta.pro industry

PRIMARYFSABAEAC

Community Development Credit Unions (CDCUs)

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

Keywords

• Cooperative banking services
• Notary financial services
• Credit union products
• Member-owned lending
• Collection services

Headquarters

HQ city

Porto Alegre

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Credit Operations: As a cooperative financial institution, the primary revenue stream comes from interest earned on loans and credit facilities extended to members, including personal credit, working capital, vehicle financing, home financing, and equipment financing. Interest rates vary by product and are disclosed in marketing materials (e.g., 1.49%–1.85% per month for personal credit, 1.69% for working capital).
2. Account and Transaction Fees: Revenue generated from payment and transaction services including DOC/TED transfers, boleto issuance, CNAB file processing, and API-based invoice generation. The company emphasizes low/no account maintenance fees as a member benefit but charges for specific transaction services such as collection services (tarifa only on paid invoices) and CNAB integrations.
3. Investment Product Distribution: Revenue from the distribution of investment products including fixed income funds, RDC (Receba Depositante Credit) instruments, and pension plans (Quanta Previdência), earning commissions or fees on assets under management and product placement.
4. Insurance and Pension Products: Revenue from the sale of insurance products (automobile, residential, life, business, travel, professional liability) and pension plans (Quanta Previdência / Cooprev), distributed through Unicred Corretora, with differentiated rates for cooperative members.
5. Collections Services: Revenue from the CobExpress collections platform, which charges fees for boleto issuance, graphical printing and postal dispatch (FAC Correios), CNAB file processing, API integrations, protest of titles, and Pix-based hybrid boleto payments. Tariffs are applied only on paid invoices.
6. Consortium Management: Revenue from managing consortium groups (real estate, automobile, motorcycle, heavy vehicles, and services), charging administration fees (taxas) ranging from 10% to 16% depending on the category.

Pricing tiers

Go-to-market motion2 records

Distribution channels8 records

Marketing channels8 records

Core offering

Coopnore Unicred is a cooperative financial institution exclusively serving Brazilian notaries and registrars (the extrajudicial class). It provides a full-service banking portfolio including current accounts, Visa credit cards, credit lines, investments, insurance, pension plans, electronic collections, and consortiums, delivered through physical branches in Rio Grande do Sul and Santa Catarina, national digital channels, and dedicated Relationship Managers. Members are co-owners with democratic governance rights and receive annual surplus distributions.

Product overview

Coopnore Unicred is a cooperative financial institution exclusively serving Brazilian notaries and registrars ( extrajudicial class). The company operates as a single integrated financial services platform offering a comprehensive portfolio of products: core banking services including current accounts (Conta Corrente), credit cards (Cartão Unicred Visa with Infinite, Platinum, Gold, Classic, Business, and Ímpar tiers), credit lines (Linhas de Crédito), investments, insurance, pension plans, consorcios (collective purchasing groups), and collection services. The portfolio is delivered through digital channels including Internet Banking, Unicred Mobile app, and physical branches in Rio Grande do Sul and Santa Catarina. A distinctive Conecta Coopnore partnership network provides additional member benefits with technology, consulting, and travel partners. Members participate as owners with democratic governance rights and share in annual surplus distributions.

Differentiator

Problem solved

Functional benefit

Products and services

• Conta Corrente (Current Account) Full-service current account offering check issuance, overdraft, deposits, PIX transfers, DDA (Authorized Direct Debit), and automatic debit services without account maintenance fees. Accessible via Internet Banking, Unicred Mobile app, and ATM networks. Designed for individual notaries and registrars as well as legal entity cartório offices.
• Cartão Unicred Visa (Credit and Debit Cards) Complete portfolio of Visa-branded credit and debit cards including Infinite, Platinum, Gold, Classic, Business Signature, and Ímpar variants, offering contactless payments, loyalty points (Programa Único), no annual fees, virtual card generation, and transaction alerts.
• Linhas de Crédito (Credit Lines) Personalized credit solutions including personal credit (with special terms for new delegates including up to 90 days grace period), working capital, vehicle financing, home financing, machinery and equipment financing, sustainable energy credit, salary anticipation, and overdraft facilities tailored for notaries and registrars.
• Investimentos (Investments) Investment solutions including fixed income (RDC at 98% CDI for individuals, 100% CDI for class entities), investment funds, and personalized financial consulting with specialized advisors, allowing members to maximize returns and participate in cooperative results.
• Seguros (Insurance) Comprehensive insurance portfolio covering automobiles, residential, life, business, travel, and professional civil liability, offered at differentiated rates through Unicred Corretora insurance broker.
• Cobrança (Collection and Billing Services) Collection services for receiving payments, controlling defaults, and managing cash flow via the CobExpress platform. Features include graphic ticket issuance, CNAB file processing, boleto API integration, hybrid Pix payments, automated protest processing, and pay-per-paid-invoice fee model.
• Consórcios (Collective Purchasing Groups) Collective purchasing groups (consortiums) for real estate (up to 180 months, 14% administration fee), automobiles (up to 80 months, 11% administration fee), motorcycles (up to 70 months), heavy vehicles (up to 100 months, 10% administration fee), and services such as surgeries, travel, parties, and renovations (up to 40 months, 16% administration fee), offering interest-free monthly investments with guaranteed eventual contemplation.
• Previdência (Pension and Retirement Plans) Cooperative pension plans administered by Quanta Previdência offering retirement planning with zero loading fees, low administration rates, fiscal incentives (up to 12% IR deduction), individual accounts, and a dedicated mobile application for plan management.
• Serviços (Additional Banking Services) Additional financial services including automatic debit, payroll processing, checkbook delivery, DDA (Authorized Direct Debit), and customized service packages for individual and business members.

Quantifiable outcome

• 20 years of operation (2005–2025) with nationwide membership coverage in all 27 Brazilian states
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Dell TechnologiescoreGTM or Marketing PartnerPartnership announced September 2025 offering Coopnore members exclusive discounts on the full Dell product portfolio, free expert advisory consultation, and flexible payment terms. Members receive an 8% coupon on accessories and equipment via email from their Relationship Manager, applied directly on Dell's website. WhatsApp contact for the partnership: (51) 99851-8344.
• Brasil AdviceminorGTM or Marketing PartnerTax and legal consulting firm offering Coopnore members 20% discounts on monthly service fees and 5% discounts on tax review services. Not cumulative with other discounts. Accessed through the member's Relationship Manager.
• InfographyaminorGTM or Marketing PartnerCorporate communications agency offering Coopnore members a 10% discount on marketing services (press relations, social media, institutional communication, brand positioning, institutional magazines, websites, events, digital marketing, and reputation management) plus free consulting for digital presence diagnosis and evaluation. For new clients only.
• Alfa TravelminorGTM or Marketing PartnerTravel agency offering Coopnore members special conditions on flights and accommodations, premium consultative service, full management of rebookings and contingencies, and access to negotiated corporate rates.
• RendimentominorGTM or Marketing PartnerForeign exchange (câmbio) services provider for members who travel abroad or have international demands. Offers secure, agile exchange operations with specialized service for Coopnore members.
• Unimed Porto AlegreminorGTM or Marketing PartnerHealth insurance provider offering Coopnore members a special rate table (tabela especial) for health insurance plans, accessible through the cooperative's channels.
• Unicred Corretora (Insurance Broker)coreChannel Partner/ Reseller/ DistributorInsurance brokerage subsidiary within the Unicred System that distributes insurance products from the best insurers at special prices to Coopnore members. This is an internal systemic partner essential to the insurance distribution function.
• ANOREG/BR (Associação dos Notários e Registradores do Brasil)coreStrategic or Co-development PartnerNational association of notaries and registrars. Coopnore participated in ANOREG/BR's Congress (November 2025) to launch the 'Embaixadores da Marca' project. ANOREG/BR serves as a key institutional partner for reaching the national notary and registrar community. Coopnore is also supported by state-level ANOREG entities (ANOREG-RS, ANOREG-SC, ANOREG-RJ, ANOREG-MG) listed as supporting entities.

Scale indicators7 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• Sicredi: Sicredi is another major Brazilian cooperative financial system with nationwide presence, similar member-owned governance model, and full-service product suite (accounts, credit, investments, insurance). Comparable in structure and product breadth to Coopnore though operating at much larger scale and across multiple member segments.
• Sicoob: Sicoob is one of Brazil's largest cooperative credit systems, operating a similar mutual/cooperative credit union model serving diverse professional and community segments. It competes for the same conceptual market (member-owned cooperative banking) though serving different verticals than Coopnore's notary-focused niche.
• Sistema Unicred: Coopnore is a single-cooperative member of the Sistema Unicred network, which is the largest cooperative credit system in Brazil serving specific professional segments. Unicred provides Coopnore's core technology platform and product infrastructure, making it the closest peer and direct operational parent system.
• Cresol Cooperativa Central: Cresol is a Brazilian cooperative credit system focused on rural producers and small businesses, operating with the same mutual model as Coopnore. Comparable in cooperative structure and member-centric governance though serving a different vertical segment.

Broad incumbents

• Banco do Brasil: Banco do Brasil is Brazil's largest public commercial bank, serving both retail and corporate clients including professional and government-linked segments. It competes for notary/registrar relationships across Coopnore's target market and offers comparable full-service financial products.
• Itaú Unibanco: Itaú Unibanco is Brazil's largest private bank, offering a comprehensive product suite spanning accounts, premium credit cards, credit, investments, insurance, and pension. Its Private Bank segment directly targets high-net-worth professionals like notaries, making it a relevant incumbent benchmark for Coopnore's target market.
• Santander Brasil: Santander Brasil is a major private commercial bank offering accounts, credit, investments, insurance and consórcios across Brazil. It competes broadly for professional and SMB banking relationships, including the notary/registrar segment Coopnore targets.
• Banco Bradesco: Bradesco is one of Brazil's largest private commercial banks, providing full-service banking (accounts, cards, credit, insurance, pension, investments) that directly overlaps Coopnore's product suite. It is a broad incumbent competitor for high-income professional segments including notaries.
• Caixa Econômica Federal: Caixa is a major Brazilian federal public bank offering the full suite of products Coopnore provides (accounts, credit, investments, insurance, consórcios, pension). It competes broadly for the financial relationships of Brazilian professionals including notaries, and serves as a major incumbent benchmark for cooperative banks' product offerings.

Emerging players

• Banco Inter: Banco Inter is a Brazilian digital bank offering full-service products (accounts, credit, investments, insurance) with no/low fees — a value proposition that overlaps with Coopnore's no-maintenance-fee positioning. As a digital-first competitor, it represents an emerging threat to traditional and cooperative institutions targeting professional segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/coopnore
• YouTubeyoutube.com/@UnicredTV
• Facebookfacebook.com/coopnoreunicred
• LinkedInlinkedin.com/company/unicred
• Instagraminstagram.com/unicred

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 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 Coopnore