PartnerBank

What PartnerBank does

PartnerBank is a Brazilian payment institution authorized by the Banco Central do Brasil (BACEN) under CIRCULAR Nº 3682/2013, operating as a subsidiary of Group Software Holding — a 25+ year incumbent in condominium management software. Founded in 2019 and headquartered in São Paulo with a branch in Belo Horizonte, PartnerBank targets a single vertical: condominium administrators (administradoras de condomínios) and the condominiums they serve across Brazil. The company serves more than 11,000 active clients and reported a projected R$10 billion in financial movements for 2023.

The core technology is a cloud-based ERP Banking platform that connects Brazilian banks directly to administrators' ERP systems, automating the full boleto lifecycle — generation, remittance registration, payment, and reconciliation — within the customer's existing software stack. The platform is purpose-built for the condominium vertical and integrated natively with Group Software's Condomínio21, Group Condomínios, Flex SQL, Corporate, and Group & Co products. On top of this rail, PartnerBank has assembled a six-product suite: Boleto Automation, Condomínio Garantido (a 100% revenue guarantee that purchases historical and future receivables), Controle de Inadimplência (credit-card installment debt recovery, up to 12x), Crédito Condominial (unsecured loans for obras and improvements), Conta Condominial (digital banking account), and Seguros (an insurance brokerage returning multiple quotes within 24 hours).

PartnerBank makes money primarily through transaction fees on processed boletos, the spread between face value and purchase price on receivables bought under Condomínio Garantido, interest on condominium loans, processing economics on credit-card installments (delivered via a Cappta checkout), and commissions on insurance placements. Distribution is channel-led through Group Software's installed base, supplemented by a direct sales team, a self-service website checkout, and a structured referral program paying R$50–R$100 per converted client. Pricing is quote-based and not publicly disclosed, consistent with a B2B negotiated model.

Name

PartnerBank

Legal name

PartnerBank

Website

https://partnerbank.com.br

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

PartnerBank is a BACEN-authorized Brazilian payment institution and subsidiary of Group Software that delivers an integrated ERP Banking platform — boleto automation, revenue guarantee, lending, and insurance brokerage — to over 11,000 condominium administrators across Brazil.

Ownership category

akta.pro rank

Product category

Condominium Financial Services

NAICS

Nondepository Credit Intermediation (5222), Credit Card Issuing (52221)

SIC

Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Commercial & Corporate Card Schemes (FSAMAAAF)

akta.pro secondary industry

Surety & Bond Brokerage (FSAEADAI)

Keywords

• Condominium financial services
• Boleto automation
• Payment institution services
• Revenue guarantee product
• Delinquency management solutions

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Boleto Automation and Processing Fees: PartnerBank generates revenue from processing boleto payments for condominium administrators. The platform automates issuance, remittance registration, reconciliation, and clearance of recurring boleto payments. Revenue is derived from transaction fees on processed boleto volumes.
2. Condomínio Garantido - Debt Purchase and Revenue Guarantee: PartnerBank purchases historical condominium debt and future receivables at a negotiated price, then manages collection directly. Revenue is generated from the full collection of purchased debt at face value, minus the discounted purchase price paid to the condominium.
3. Credit Card Installment Processing: Condominium residents can pay outstanding fees and debt settlement agreements via credit card in up to 12 installments. PartnerBank receives the full amount upfront (D+1 settlement) and likely earns a commission or processing fee from the card network.
4. Condominium Credit / Loan Interest: PartnerBank provides credit facilities to condominiums for obras, improvements, and debt repayment at competitive market interest rates with flexible terms and no collateral requirements. Revenue is generated from interest charged on loans.
5. Insurance Referral and Commission: PartnerBank acts as an insurance broker, receiving policy data from clients and returning multiple quotes from major insurers within 24 hours. Revenue is earned as commissions on insurance policies placed with partner insurers.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

PartnerBank is a Brazilian payment institution (Instituição de Pagamentos) authorized by the Banco Central do Brasil that sells a suite of financial services purpose-built for condominium administrators and the condominiums they manage. Its core offering centers on automating boleto (Brazilian bank slip) processing through direct ERP-to-bank integration, guaranteeing 100% of monthly condominium revenue regardless of tenant defaults by purchasing historical and future receivables, providing credit card installment-based delinquency control, offering unsecured condominium credit facilities, operating a digital Conta Condominial, and brokering insurance policies from major Brazilian insurers.

Product overview

PartnerBank is a payment institution authorized by Brazil's Central Bank (BACEN) offering a suite of five integrated financial solutions for the condominium management market. The core product portfolio consists of: Automação de Boletos (bank slip automation with direct bank integration), Condomínio Garantido (100% revenue guarantee against defaults), Controle de Inadimplência (credit card installment payments for debt recovery), Crédito Condominial (secured/unsecured loans for condominiums), Conta Condominial (digital banking account), and Seguros (insurance brokerage). These products are designed to work together, enabling property management companies and condominium administrators to automate financial workflows, eliminate defaults, access credit, and manage insurance—all through ERP integration.

Differentiator

Problem solved

Functional benefit

Brands

• Automação de Boletos: Integration of ERP systems directly with banks enabling automatic generation, registration, remittance, and reconciliation of bank slips.
• Conta Condominial
• Condomínio Garantido
• Controle de Inadimplência
• Crédito Condominial
• Seguros

Products and services

• Automação de Boletos (Boleto Automation) Cloud platform that integrates the client's ERP system directly with Brazilian banks, enabling automatic generation, registration, remittance, reconciliation, and payment clearance (baixa) of recurring boletos (bank slips) for condominium administrators. Supports 30 and 60-day due dates and reduces manual work in recurring billing cycles.
• Condomínio Garantido (Guaranteed Condominium) Revenue guarantee product under which PartnerBank purchases both historical debt and future condominium receivables (ordinary and extraordinary fees, late fees, and convention-violation fines) and guarantees the condominium 100% of monthly recurring revenue regardless of tenant delinquency. PartnerBank then assumes responsibility for collections on the purchased debt.
• Controle de Inadimplência (Delinquency Control)

Quantifiable outcome

• Over 11,000 active clients served
• +5 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Group SoftwarecoreStrategic or Co-development Partner · 1 January 2019Group Software is the parent holding company of PartnerBank. The holding company has over 25 years of experience in the Brazilian condominium management software market and owns ERP platforms including Group Condomínios, Flex SQL, Corporate, Condomínio21, and Group & Co. PartnerBank is integrated into these platforms as the financial services layer, creating a bundled offering. The two entities operate as an integrated ecosystem — Group Software's commercial team actively refers customers to PartnerBank through a formal referral campaign.

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Omie: Brazilian cloud ERP for SMBs with embedded financial services offerings. Direct comparable to PartnerBank's model of vertical SaaS + integrated banking, with similar playbook of monetizing the ERP customer base via payments, credit, and insurance.
• Conta Azul: Brazilian SaaS platform for SMBs (similar to accounting + ERP) with embedded financial services including banking, payments, and credit. Closely comparable to PartnerBank's vertical SaaS + financial services model, though Conta Azul serves broader SMB verticals rather than condominiums specifically.
• iugu: Brazilian recurring billing and payments infrastructure platform (acquired by Stone). Comparable to PartnerBank's boleto automation and recurring revenue management capabilities, particularly the integration of payment processing into business software workflows.

Broad incumbents

• PagBank (PagSeguro): Brazilian payment institution offering payment processing, digital accounts, and credit to SMBs. PagBank competes with PartnerBank in the broader Brazilian payment institution space and provides a relevant comparable for the Instituição de Pagamentos model, though at substantially larger horizontal scale.
• Stone Co. One of Brazil's largest payment acquirers and banking-as-a-service providers. Stone competes with PartnerBank in Brazilian payment processing and has expanded into credit and software, making it a relevant comparable for an integrated payments-plus-financial-services platform.
• Nubank: Brazil's largest digital bank offering accounts, payments, credit cards, and loans. Represents the scale benchmark PartnerBank aspires to as a Brazilian fintech, though Nubank's consumer focus and broad geographic reach differ from PartnerBank's vertical SMB approach.
• C6 Bank: Brazilian digital bank offering payment accounts, credit, and financial services to consumers and businesses. Comparable to PartnerBank in the Brazilian digital banking and embedded credit space, though at substantially larger scale.
• Banco Inter: Brazilian digital bank with full banking license offering accounts, payments, credit, and insurance to consumers and SMBs. Relevant comparable for PartnerBank's Brazilian financial services breadth, particularly the digital account, credit, and insurance product lines.
• Cielo: Brazil's largest card payment acquirer, offering payment processing and merchant services to businesses nationwide. Cielo competes with PartnerBank in the broader Brazilian payments space and represents the established incumbent in card-based payment processing PartnerBank's credit card installment product depends on.

Emerging players

• Zoop: Brazilian payments-as-a-service platform providing payment infrastructure for businesses and software platforms. Comparable to PartnerBank's ERP Banking positioning — providing payment and financial services infrastructure that integrates into third-party software platforms.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/partnerbankbr
• LinkedInlinkedin.com/company/partnerbank
• Instagraminstagram.com/partner.bank

Compliance2 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 PartnerBank