Banco FGTS
Banco FGTS is a Brazilian banking correspondent that offers a single digital credit product: antecipação do Saque-Aniversário do FGTS, allowing individual Brazilian workers to advance their annual FGTS withdrawal at 1.80% per month, disbursed via Pix.
- Company typePrivate
- Founded2007
- HeadquartersBrasil, Brazil
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Banco FGTS does
Banco FGTS (legal name: Infinito Inovacao Promotora de Negocios LTDA) is a private Brazilian financial services company headquartered in Belo Horizonte, operating as a 'correspondente bancário' under Banco Central do Brasil Resolution nº 3.954. The company offers a single digital credit product: antecipação do Saque-Aniversário do FGTS, allowing Brazilian workers to advance a portion of their annual FGTS (Fundo de Garantia do Tempo de Servi\u00e7o) birthday-month withdrawal. Customers are onboarded through the official Caixa Econômica Federal FGTS application, where they must perform Saque-Aniversário adhesion and authorize partner institutions Qi Sociedade Crédito and J17 Sociedade Crédito, after which approved credit is disbursed via Pix instant payment directly into the customer's bank account.
The underlying platform is a 100% digital, application- and website-based service with anti-fraud controls and Banco Central oversight, supplemented by personalized WhatsApp-based human consultation. Technology components include Pix payment integration for disbursement, an official Caixa FGTS app onboarding rail, and a digital storefront at bancofgts.com.br. Marketing and distribution are concentrated on organic social (Instagram, LinkedIn), the company website, and a WhatsApp inside-sales funnel. No public API, SDK, or third-party developer integrations are offered, and the platform is single-product with no modular product lines.
Banco FGTS generates revenue through interest charged on the credit advanced, at a publicly disclosed rate of 1.80% per month, which the company positions below traditional Brazilian banks (from 2.14% per month) and competing digital institutions (~2.0% per month). The customer base is composed entirely of individual Brazilian workers with FGTS accounts — a long-tail consumer/SMB persona — with cumulative scale of 200,000+ customers and R$250M+ in FGTS funds anticipated since founding. The company has grown organically from a 2007 garage operation with 2–4 founders to approximately 180 employees as of 2024, with no disclosed external funding or institutional investors.
Banco FGTS firmographics
Firmographics- Name
- Banco FGTS
- Legal name
- Infinito Inovacao Promotora de Negocios LTDA
- Website
- https://bancofgts.com.br
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Banco FGTS is a Brazilian banking correspondent that offers a single digital credit product: antecipação do Saque-Aniversário do FGTS, allowing individual Brazilian workers to advance their annual FGTS withdrawal at 1.80% per month, disbursed via Pix.
- Ownership category
- akta.pro rank
Banco FGTS industry classification
Industry- Product category
- Consumer Credit Services
- NAICS
- Sales Financing (522220)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Lending & Credit Disbursements (FSAMAKAH)
Keywords
Where Banco FGTS is headquartered
LocationHeadquarters
- HQ city
- Brasil
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Banco FGTS business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- FGTS Anticipation Credit: Banco FGTS acts as a banking correspondent (correspondente bancário) providing credit to workers who want to anticipate their Saque-Aniversário withdrawal from FGTS. Revenue is generated through interest charged on the credit advanced to customers, with rates of 1.80% per month.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | FGTS Anticipation Credit at 1.80% per month |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Banco FGTS product offering
Product offeringCore offering
Banco FGTS operates as a Brazilian banking correspondent (correspondente bancário) regulated by the Banco Central do Brasil under Resolution nº. 3.954, offering a single digital credit product that allows Brazilian workers to anticipate their Saque-Aniversário (Birthday Withdrawal) from the Fundo de Garantia do Tempo de Serviço (FGTS). The company provides a 100% digital experience through its app and website, disbursing approved credit directly to customers' bank accounts via Pix instant payments at an interest rate of 1.80% per month.
Product overview
Banco FGTS is a digital credit platform offering a single core product: antecipação do saque-aniversário do FGTS (FGTS birthday withdrawal advance). It operates exclusively as an online, 100% digital service, disbursing approved credit via Pix. The company functions as a banking correspondent under Banco Central do Brasil Resolution nº. 3.954, connecting workers to FGTS funds through the official Caixa Econômica Federal FGTS application. There is no modular platform or multiple product lines — the entire offering centers on this one FGTS anticipation product.
Differentiator
Problem solved
Functional benefit
Products and services
- Antecipação do Saque-Aniversário do FGTS
Quantifiable outcome
- Interest rate of 1.80% per month, which is lower than traditional banks starting at 2.14% per month
Companies that use Banco FGTS
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Banco FGTS technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Banco FGTS partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Qi Sociedade CréditocorePartner institution required for the Saque-Aniversário FGTS anticipation process. Customers must authorize both Qi Sociedade Crédito and J17 Sociedade Crédito as part of the standard procedure to access their FGTS funds through the anticipation service.
- J17 Sociedade CréditocorePartner institution required for the Saque-Aniversário FGTS anticipation process. Customers must authorize both Qi Sociedade Crédito and J17 Sociedade Crédito as part of the standard procedure to access their FGTS funds through the anticipation service.
- Caixa Econômica FederalcoreGovernment-owned bank that administers the FGTS system. Banco FGTS operates as a correspondent, integrating with Caixa's official FGTS application and website where workers perform the Saque-Aniversário adhesion.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Banco FGTS competitors and assessment
Company assessmentBroad incumbents
- Nubank: Nubank is Brazil's largest digital bank offering personal loans, credit cards, and payroll loans, potentially extending into FGTS anticipation and competing with Banco FGTS on rate and digital experience across Brazilian consumer credit.
- Inter: Inter is a major Brazilian digital bank offering a full suite of consumer credit products including personal loans, and could enter or expand in FGTS anticipation credit, competing with Banco FGTS through scale and cross-sell.
- Creditas: Creditas is a major Brazilian consumer fintech offering secured personal loans (home, auto equity), competing with Banco FGTS for Brazilian consumer credit demand and operating as a digital-first, technology-driven lender.
- Banco BMG: Banco BMG is a long-established Brazilian bank specializing in payroll-deductible credit and FGTS-related loans, offering similar consumer credit products to Banco FGTS's customer base with broader scale and brand recognition.
- C6 Bank: C6 Bank is a Brazilian digital bank offering personal loans and consumer credit products, providing a broader incumbent comparison point to Banco FGTS in terms of digital-first lending to Brazilian consumers.
Direct peers
- Crefisa: Crefisa is a Brazilian consumer credit specialist offering personal loans to workers, including credit-back-by-payroll products similar to Banco FGTS's FGTS-backed lending model, targeting similar underbanked Brazilian consumers.
- Banco Pan: Banco Pan is a Brazilian consumer credit bank that offers FGTS anticipation loans among other credit products, directly overlapping with Banco FGTS in the FGTS anticipation space while also serving adjacent consumer credit segments.
- Meutudo: Meutudo is a Brazilian fintech specializing in FGTS Saque-Aniversário anticipation credit, directly competing with Banco FGTS on the same core product, similar digital D2C model, and rate-based value proposition to Brazilian workers.
- Facta Financeira: Facta Financeira is a Brazilian financial institution specializing in payroll-deductible and FGTS-backed credit, directly competing with Banco FGTS in serving Brazilian workers seeking credit against employment-linked funds.
Others
- Qi Sociedade de Crédito: Qi Sociedade de Crédito is a Brazilian credit society that is a required operational partner for Banco FGTS's FGTS anticipation process, making it a directly comparable but adjacent entity operating in the same regulatory and product ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Banco FGTS social profiles
Digital presenceBanco FGTS compliance and trust
Trust signalCompliance2 records
Banco FGTS financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banco FGTS leadership team
Management profileNumber of profiles
Banco FGTS funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banco FGTS M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banco FGTS
What does Banco FGTS do?
Banco FGTS operates as a Brazilian banking correspondent (correspondente bancário) regulated by the Banco Central do Brasil under Resolution nº. 3.954, offering a single digital credit product that allows Brazilian workers to anticipate their Saque-Aniversário (Birthday Withdrawal) from the Fundo de Garantia do Tempo de Serviço (FGTS). The company provides a 100% digital experience through its app and website, disbursing approved credit directly to customers' bank accounts via Pix instant payments at an interest rate of 1.80% per month.
Is Banco FGTS a public or private company?
Banco FGTS is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Banco FGTS founded?
Banco FGTS was founded in 2007. It employs 51 to 100 people.
Where is Banco FGTS based?
Banco FGTS is headquartered in Brasil, Brazil, in the Latin America region.
How does Banco FGTS make money?
One revenue line is on record: FGTS Anticipation Credit.
Who are Banco FGTS's main competitors?
Broad incumbents on record are Nubank, Inter, Creditas, Banco BMG and C6 Bank. Direct peers are Crefisa, Banco Pan, Meutudo and Facta Financeira. Qi Sociedade de Crédito is listed as an others.
Does Banco FGTS have an API?
No public API is recorded for Banco FGTS.
What industry is Banco FGTS in?
Banco FGTS's product category is Consumer Credit Services. Its primary akta.pro industry code is FSAMAKAH, Lending & Credit Disbursements. Its NAICS code is 522220 and its SIC code is 6141.