Emprecred
Emprecred (Logincredit S.A.) is an Argentine non-bank lender offering employee loans via salary deduction, check and e-check discounting (factoring), and supplier payment agreements, serving employees of qualified companies and SMBs across Argentina through employer partnerships and WhatsApp-based channels.
- Company typePrivate
- Founded2004
- HeadquartersBuenos Aires, Argentina
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Emprecred does
Emprecred, the commercial brand of Logincredit S.A., is an Argentine non-bank financial services provider founded in 2004 and headquartered in Buenos Aires. The company operates three documented core products: (1) employee loans disbursed to the borrower's salary account with repayment collected via salary deduction ("descuento de haberes") through qualified employer partners, priced at TEA 121% / CFT 159% over 3-24 month terms; (2) check and e-check discounting (factoring) for businesses needing immediate liquidity on deferred or same-day checks, priced at TEA 48-72% over 1-90 day terms and processed via WhatsApp; and (3) supplier payment agreements that allow suppliers of corporate buyers to discount checks received under extended payment terms. A fourth service, "Créditos en Comercios" (shop credit), appears in site navigation but is not detailed.
The business runs a hybrid B2B2C and B2B model. Employee loans flow through a qualified-employer channel with more than 25 disclosed partners spanning healthcare (Fresenius Medical Care, Diaverum Argentina, multiple Buenos Aires hospitals, Laboratorio Pfizer), energy (Metrogas, Transportadora de Gas del Norte, Camuzzi, Gas Natural Fenosa, Gasnor), government (Gobierno de la Ciudad de Buenos Aires), education (Universidad de Buenos Aires, Cemic), retail (DIA), and other sectors. No proprietary technology platform, mobile app, or public API is disclosed; client interaction occurs through the company website, online forms, email, and WhatsApp, with payroll deduction executed at the employer level.
The revenue model is interest- and fee-based: recurring interest income from amortizing employee loans plus transactional fees on discounted checks. The company operates as a privately held Argentine Sociedad Anónima with no disclosed parent, subsidiaries, institutional investors, or funding rounds. Operations have continued for more than 15 years under a single Buenos Aires office (Viamonte 352 8A), with 11-50 employees and full compliance with Ley 25.326 data protection oversight by the Agencia de Acceso a la Información Pública.
Emprecred firmographics
Firmographics- Name
- Emprecred
- Legal name
- Logincredit S.A.
- Website
- https://emprecred.com.ar
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Emprecred (Logincredit S.A.) is an Argentine non-bank lender offering employee loans via salary deduction, check and e-check discounting (factoring), and supplier payment agreements, serving employees of qualified companies and SMBs across Argentina through employer partnerships and WhatsApp-based channels.
- Ownership category
- akta.pro rank
Emprecred industry classification
Industry- Product category
- Consumer Lending & Factoring
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Receivables Finance (Factoring, Invoice Discounting, Forfaiting) (FSABAHAD)
Keywords
Where Emprecred is headquartered
LocationHeadquarters
- HQ city
- Buenos Aires
- HQ country
- Argentina
- HQ region
- Latin America
Offices1 record
Markets served
Emprecred business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Employee Loans (Préstamos a Empleados): Provides personal loans to employees of qualified companies with repayment via salary deduction (descuento de haberes). Interest rates: TEA 121%, CFT 159%. Terms from 3 to 24 months.
- Check and E-Check Discounting (Factoring): Discounts deferred payment checks and e-checks, providing immediate liquidity to businesses. Rates: TEA 48% to 72% depending on term and signatory. Terms from 1 to 90 days.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Employee loans with salary deduction repayment |
| Transaction based/ take rate | Pay-as-you-go | Check and e-check discounting with flexible terms |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels2 records
Emprecred product offering
Product offeringCore offering
Emprecred provides financial services in Argentina including check and e-check discounting (factoring) that converts deferred payment checks into immediate cash, employee loans to workers of qualified companies with repayment via salary deduction, and supplier payment agreements enabling early payment through discounted checks. Services are delivered primarily through WhatsApp and online forms, with employee loans requiring 24-hour approval and direct deposit to the employee's salary account.
Product overview
Emprecred is a financial services company operating in Argentina offering three core products: Descuento de Cheques y E-Cheqs (check and e-check factoring/discounting service), Prestamos a Empleados (employee loans with salary deduction collection), and Convenio de Pago a Proveedores (supplier payment agreements). The company has over 15 years of experience serving clients throughout Argentina, providing financial assistance to improve cash flow management and shorten economic cycle times.
Differentiator
Problem solved
Functional benefit
Products and services
- Descuento de Cheques y E-Cheqs (Check and E-Check Discounting)
Quantifiable outcome
- 24-hour approval for employee loans
- +1 more outcomes
Companies that use Emprecred
Customer profileNamed customers27 records
Segments3 records
Ideal customer profiles4 records
Emprecred technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Emprecred partnerships and signals
Strategic signalPartnerships
27 partnerships are on record, tiered core.
- Gobierno de la Ciudad de Buenos AirescoreGovernment employer partner offering employee loan program to GCBA staff through salary deduction.
- Universidad de Buenos AirescoreUniversity employer partner providing loan access to faculty and staff.
- Aerolíneas ArgentinascoreNational airline employer partner offering employee financial services.
- MetrogascoreNatural gas distribution company as employer partner.
- Fresenius Medical CarecoreHealthcare company employer partner providing employee loans.
- Laboratorio PfizercorePharmaceutical company employer partner.
- Transportadora de Gas del NortecoreGas transportation company as employer partner.
- DiacoreRetail supermarket chain employer partner.
- CemiccorePrivate university and medical center employer partner.
- Camuzzi Gas del SurcoreGas distribution company employer partner.
- Gas Natural FenosacoreEnergy company employer partner.
- GasnorcoreGas distribution company employer partner.
- Mater Dei Asociación CivilcoreHealthcare institution employer partner.
- Instituto Cardiológico de Buenos AirescoreCardiology hospital employer partner.
- FeravalcoreHealthcare services employer partner.
- Diaverum ArgentinacoreDialysis services company employer partner.
- NephrologycoreNephrology healthcare provider employer partner.
- Priority Home CarecoreHome healthcare services employer partner.
- Fundacion HospitalariacoreHospital foundation employer partner.
- Corporación Medica Gral San MartincoreMedical corporation employer partner.
- Clinica AngeluzcoreClinical healthcare provider employer partner.
- CleanwellcoreCleaning services company employer partner.
- GestamcoreManagement services company employer partner.
- Rosarios del PlatacoreManufacturing company employer partner.
- Seguridad San JosecoreSecurity services company employer partner.
- Bat SRLcoreManufacturing company employer partner.
- AFJPcorePension fund administrator as employer partner.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Emprecred competitors and assessment
Company assessmentEmerging players
- Ualá: Argentine consumer fintech with growing personal loan and credit products for salaried users; emerging direct competitor in the underbanked, mobile-first lending segment Emprecred serves.
- Afluenta: Argentine online lending marketplace originating personal and SME loans; overlapping with Emprecred's consumer credit offering, especially the check-discounting/SME working capital use case, but through a different origination model.
Broad incumbents
- Brubank: Argentine digital bank offering personal loans and consumer credit to salaried customers through a mobile-first experience; broader incumbent pressuring Emprecred's traditional employer-channel model.
- Banco Columbia: Argentine commercial bank with a long-established 'Préstamos con Descuento de Haberes' product line serving salaried employees across enterprise employers—same target use case as Emprecred but delivered through a regulated bank.
- Banco Comafi: Major Argentine bank offering payroll-deduction personal loans to employees of corporate clients; broader product suite but directly competing for the same employer-partner channel Emprecred sells into.
- Mercado Pago: Argentina's largest consumer fintech, offering unsecured consumer credit and point-of-sale financing to individuals and merchants; competes with both Emprecred lending streams (consumer credit and merchant/SME financing) at massive scale.
- Tarjeta Naranja (Naranja X): Argentina's largest consumer credit card issuer, now a digital bank; offers personal loans and consumer credit to salaried segments that overlap Emprecred's employee-loan customer base.
Direct peers
- Credil: Argentine non-bank lender focused on payroll-deduction consumer credit for employees of qualified companies—directly overlapping Emprecred's employer-partner lending model and target customer.
- Efectivo Sí: Argentine non-bank personal lender specializing in salary-deduction (descuento de haberes) consumer loans through employer partnerships—the same core product and distribution model as Emprecred's Préstamos a Empleados.
- Wenance: Argentine fintech providing consumer loans and digital lending products to employed individuals; competes directly with Emprecred in the salary-deduction personal loan category with similar customer profiles.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Emprecred compliance and trust
Trust signalCompliance1 record
Emprecred financial estimates
Financial estimateRevenue estimate
Valuation estimate
Emprecred leadership team
Management profileNumber of profiles
Emprecred funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Emprecred 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 Emprecred
What does Emprecred do?
Emprecred provides financial services in Argentina including check and e-check discounting (factoring) that converts deferred payment checks into immediate cash, employee loans to workers of qualified companies with repayment via salary deduction, and supplier payment agreements enabling early payment through discounted checks. Services are delivered primarily through WhatsApp and online forms, with employee loans requiring 24-hour approval and direct deposit to the employee's salary account.
Is Emprecred a public or private company?
Emprecred is a private company. It is classified as unknown and is currently operating.
When was Emprecred founded?
Emprecred was founded in 2004. It employs 11 to 50 people.
Where is Emprecred based?
Emprecred is headquartered in Buenos Aires, Argentina, in the Latin America region.
How does Emprecred make money?
Two revenue lines are on record. Employee Loans (Préstamos a Empleados) is the primary driver. The others are check and E-Check Discounting (Factoring).
Who are Emprecred's main competitors?
Emerging players on record are Ualá and Afluenta. Broad incumbents are Brubank, Banco Columbia, Banco Comafi, Mercado Pago and Tarjeta Naranja (Naranja X). Direct peers are Credil, Efectivo Sí and Wenance.
Does Emprecred have an API?
No public API is recorded for Emprecred.
What industry is Emprecred in?
Emprecred's product category is Consumer Lending & Factoring. Its primary akta.pro industry code is FSABAHAD, Receivables Finance (Factoring, Invoice Discounting, Forfaiting). Its SIC code is 6153.