Finarte
Finarte is a São Paulo-based financial services firm that provides art insurance brokerage and art-backed credit (R$100k–R$2M loans) to high-net-worth collectors, galleries, museums, and cultural institutions in Brazil, operating within the SP-Arte group.
- Company typePrivate
- Founded2017
- HeadquartersSão Paulo, SP, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Finarte does
Finarte is a São Paulo-based financial services firm founded in 2017 within the SP-Arte group that provides two specialized products to the Brazilian art market: art insurance brokerage and art-backed credit. Its insurance product covers private collections, gallery inventories, museum holdings, and exhibition pieces against theft, damage, transport, and storage risks, with coverage sourced from a panel of major insurers including Chubb, Liberty, Fairfax, Tokio Marine, and Essor, backed by Lloyd's of London for reinsurance. The credit product extends loans ranging from R$100,000 to R$2 million using artworks by established Brazilian and international artists as collateral, with disbursement in up to five days, terms up to 60 months, and advance rates of 40–50% of the artwork's liquid value; artworks are held in custody and insured during the loan period.
The underlying operating model is a specialist brokerage and lending platform rather than a technology product. Artwork valuation and authentication rely on internal pre-analysis, physical inspection by in-house specialists, and external partner art experts rather than automated or AI-driven valuation. The credit workflow is structured into four stages — pre-analysis, evaluation, formalization, and disbursement — conducted via the website and direct sales engagement. Revenue is generated through insurance brokerage commissions on placed premiums and interest spread on art-backed loans.
Finarte targets high-net-worth private collectors, galleries, museums and cultural institutions, and art market professionals in Brazil. Distribution is primarily sales-led, supported by direct client relationships, advisor networks (art consultants, wealth managers, lawyers, accountants), and the SP-Arte ecosystem. In 2022, Finarte merged its portfolio with Foco Art Seguros, creating one of Brazil's largest specialist art insurance brokerages with over 20 years of combined segment expertise. The company emphasizes confidentiality and discretion as a core value proposition for its client base.
Finarte firmographics
Firmographics- Name
- Finarte
- Legal name
- Finarte
- Website
- https://finarte.com.br
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Finarte is a São Paulo-based financial services firm that provides art insurance brokerage and art-backed credit (R$100k–R$2M loans) to high-net-worth collectors, galleries, museums, and cultural institutions in Brazil, operating within the SP-Arte group.
- Ownership category
- akta.pro rank
Finarte industry classification
Industry- Product category
- Art Insurance & Financing
- NAICS
- Finance and Insurance (52), Sales Financing (52222)
- SIC
- Insurance Agents, Brokers & Service (6411), Personal Credit Institutions (6141)
- akta.pro primary industry
- Fine Art, Specie & High-Value Property Reinsurance (FSAOADAO)
- akta.pro secondary industry
- Online/Digital Pawn & Remote Collateral Lending (FSAKALAG)
Keywords
Where Finarte is headquartered
LocationHeadquarters
- HQ city
- São Paulo, SP
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Finarte business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Insurance Brokerage Commission: Finarte acts as an insurance broker for art insurance policies, earning commissions from insurance company partners. The company matches collectors, galleries, museums, and institutions with appropriate insurance coverage for their art collections.
- Art-Backed Credit Interest: Finarte provides credit loans ranging from R$100,000 to R$2 million using artworks as collateral. Interest rates start at 1.8% per month. The company earns interest income on the loans extended to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Credit loans from R$100,000 to R$2 million at rates starting from 1.8% per month |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Finarte product offering
Product offeringCore offering
Finarte is a Brazilian financial services company that provides two core offerings to the art market: specialized art insurance brokerage covering theft, robbery, accidents, and damage for collections, museums, galleries, and exhibitions; and art-backed credit products offering loans of R$100,000 to R$2 million at up to 50% loan-to-value using quality artworks as collateral, with disbursement within 5 days and terms up to 60 months. The company partners with major insurers including Chubb, Liberty, Fairfax, Tokio Marine, and international reinsurer Lloyd's of London to deliver its services.
Product overview
Finarte is a Brazilian financial services company founded in 2017 (part of the SP-Arte group) that offers two core financial solutions to the art market: specialized art insurance (Seguro de Obras de Arte) and credit/loan products secured by artworks (Crédito com Garantia de Obras de Arte). The insurance product protects art collections against theft, robbery, accidents, and damage through partnerships with major insurers including Chubb, Liberty, Fairfax, Tokio Marine, and Lloyd's of Londres. The credit product enables collectors to access liquidity (R$100,000 to R$2 million) using their art as collateral without having to sell their works, with funds available within 5 days and repayment terms up to 60 months. Both services are supported by the company's commitment to confidentiality and discretion.
Differentiator
Problem solved
Functional benefit
Products and services
- Seguro de Obras de Arte (Art Insurance) Specialized insurance coverage for art collections protecting against theft, robbery, accidents, and damage. Covers artworks at multiple storage locations, during transport, and at exhibitions. Available for private/corporate collections, museum collections, institutions, galleries, and art exhibitions. Distributed through partnerships with Chubb, Liberty, Fairfax, Tokio Marine, Essor, and international reinsurer Lloyd's of London.
- Crédito com Garantia de Obras de Arte (Art-Backed Credit) Credit product using quality artworks as collateral, enabling collectors to access liquidity without selling their collections. Offers loans from R$100,000 to R$2 million at 40-50% loan-to-value of artwork's liquid value, with funds available within 5 days and repayment terms up to 60 months. The process involves online pre-analysis submission, physical inspection by specialists, formalization, and disbursement. Artworks are kept in custody during the loan period with full insurance coverage.
Companies that use Finarte
Customer profileSegments4 records
Ideal customer profiles4 records
Finarte technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Finarte partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, major and minor.
- Foco Art SeguroscoreIn 2022, Foco Art Seguros and Finarte Corretora combined their portfolios to become one of the largest art insurance brokerages in Brazil, with over 20 years of combined expertise in the art insurance segment.
- ChubbmajorChubb is the largest open-pillar property and casualty insurance company in the world and a leading commercial lines insurer in the USA. They partner with Finarte to provide art insurance coverage.
- Liberty SegurosmajorOne of the largest insurers in Brazil, headquartered in Boston, Massachusetts, operating since 1912. Fifth largest global insurer based on gross premium in 2018. Partners with Finarte for art insurance products.
- Fairfax Brasil Seguros CorporativosmajorPart of Fairfax Holding Group, present in over 100 countries in insurance and reinsurance for more than 35 years. Operates in commercial, industrial, retail, and digital segments. Partners with Finarte for art insurance coverage.
- Tokio MarinemajorJapanese insurance company operating in Brazil. Partners with Finarte to provide art insurance coverage options.
- EssormajorInsurance company available for quotation through Finarte for art insurance coverage.
- Lloyd's de LondrescoreLloyd's of London is a global reinsurance market. Finarte maintains commercial and technical partnerships with major national insurers operating in art insurance and international reinsurers such as Lloyd's de Londres, providing solid backing for insurance operations.
- SP-ArtecoreFinarte is a Brazilian company belonging to the SP-Arte group. SP-Arte is a major player in the Brazilian art market ecosystem, providing institutional backing and market access for Finarte.
- Partner Auction HousesminorIn case of loan default, Finarte can place artworks for auction through partner auction houses or sell to private buyers through dealer partners.
- Partner Art Storage CompaniesminorArtworks may be stored at partner specialized art storage facilities or at Finarte's office during loan periods, ensuring proper conservation and security.
- Partner Art ExpertsmajorRenowned art specialists partner with Finarte to assist in artwork evaluation and arrive at final loan offer values. These experts help assess authenticity and market value of artworks.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Finarte competitors and assessment
Company assessmentBroad incumbents
- BTG Pactual: One of Brazil's largest investment banks offering wealth management and asset-backed lending to HNW clients; comparable as it serves the same Brazilian HNW segment that Finarte targets for art-backed credit, with a broader portfolio of financial services.
- XP Investimentos: Major Brazilian wealth management platform with HNW advisory and alternative investment offerings; comparable as it is a leading Brazilian financial services platform that could expand into or compete with specialized art finance offerings.
- Christie's Financial Services: Auction house offering financing, art advisory, and related financial products to collectors; comparable as it is a major incumbent in art financial services, offering credit and advisory to high-net-worth art buyers and sellers globally.
- Sotheby's Financial Services: Auction house that also offers art-secured lending and related financial services to consignors and collectors through its financial services arm; comparable as it combines art-market expertise with credit and financial solutions for collectors.
Emerging players
- Masterworks: US-based platform providing art-secured financial products and art investment exposure to accredited investors; comparable business model in offering art-collateralized and art-related financial services, though focused on fractional ownership rather than lending.
- Maecenas: Blockchain-based art-secured lending and fractional ownership platform; comparable as it focuses on using fine art as collateral for financial products, though with a different technological delivery mechanism.
- Yieldstreet: Alternative investment platform offering art-backed notes and other collectibles-backed products; comparable as it provides alternative-asset collateralized lending and investment products, including art as a collateral class.
Direct peers
- Borro: UK-based specialty lender providing asset-backed loans using art, jewelry, and other high-value collectibles as collateral; directly comparable collateral-based lending model targeting HNW individuals and collectors.
- Athena Art Finance: US specialty lender providing art-secured loans to high-net-worth collectors, galleries, and dealers; one of the most direct peers given the identical business of extending credit against fine art collateral to similar customer segments.
Regional players
- SP-Arte: Parent company of Finarte and organizer of Brazil's leading art fair; comparable as it sits at the center of the same Brazilian art market ecosystem and provides Finarte with distribution and credibility among galleries, collectors, and institutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Finarte social profiles
Digital presenceFinarte financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finarte leadership team
Management profileNumber of profiles
Finarte funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finarte 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 Finarte
What does Finarte do?
Finarte is a Brazilian financial services company that provides two core offerings to the art market: specialized art insurance brokerage covering theft, robbery, accidents, and damage for collections, museums, galleries, and exhibitions; and art-backed credit products offering loans of R$100,000 to R$2 million at up to 50% loan-to-value using quality artworks as collateral, with disbursement within 5 days and terms up to 60 months. The company partners with major insurers including Chubb, Liberty, Fairfax, Tokio Marine, and international reinsurer Lloyd's of London to deliver its services.
Is Finarte a public or private company?
Finarte is a private company. It is classified as corporate owned and is currently operating.
When was Finarte founded?
Finarte was founded in 2017. It employs 11 to 50 people.
Where is Finarte based?
Finarte is headquartered in São Paulo, SP, Brazil, in the Latin America region.
How does Finarte make money?
Two revenue lines are on record. Insurance Brokerage Commission is the primary driver. The others are art-Backed Credit Interest.
Who are Finarte's main competitors?
Broad incumbents on record are BTG Pactual, XP Investimentos, Christie's Financial Services and Sotheby's Financial Services. Emerging players are Masterworks, Maecenas and Yieldstreet. Direct peers are Borro and Athena Art Finance. SP-Arte is listed as a regional player.
Does Finarte have an API?
No public API is recorded for Finarte.
What industry is Finarte in?
Finarte's product category is Art Insurance & Financing. Its primary akta.pro industry code is FSAOADAO, Fine Art, Specie & High-Value Property Reinsurance, with a secondary code of FSAKALAG, Online/Digital Pawn & Remote Collateral Lending. Its NAICS code is 52 and its SIC code is 6411.