What PB Consignado does

PB Consignado is the digital consumer-lending brand of Paraná Banco S.A., a licensed Brazilian bank founded in 1980 and headquartered in Curitiba, Paraná. The firm originates consigned loans (empréstimo consignado) — credit whose repayment is automatically deducted from the borrower's INSS benefit, federal/state/municipal payroll, or military salary — to retail customers across Brazil. Beyond the core INSS and public-servant loan, the product surface includes the Cartão Consignado and Cartão Benefício PB (a benefit card with a 5% additional consignable margin, zero annual fee, and revolving credit up to 2.49%/month), Portabilidade de Consignado with refinancing and troco cash-back, Refinanciamento, Antecipação Saque-Aniversário FGTS, and Crédito do Trabalhador for CLT workers.

Distribution is hybrid: a 100% digital self-service channel (web + iOS/Android app) coupled with 115+ physical branches and exclusive correspondent agents spanning all Brazilian regions. The technology layer is a digital loan-origination platform with API integrations to INSS, SIAPE, the FGTS app via Caixa Econômica Federal, and the Senff card network; customers can simulate, contract, and service loans fully online, with document verification handled digitally. Underlying infrastructure also supports regulatory compliance with Brazil's capped consigned-loan interest rates (e.g., 1.85%/month for INSS borrowers) and integration with 40+ convênios covering government and military payrolls.

The revenue model is interest-led with regulated rate caps: primary income is interest on the consignado loan book, supplemented by recurring card-related fees (R$15 issuance, revolving credit interest, and merchant interchange via Senff), fees on FGTS anticipation, and incremental spread from portability/refinancing transactions. Ancillary benefits (15–60% pharmacy discounts via ePharma) are used to lift card engagement rather than as a direct revenue stream. The reported R$ 8.5 billion figure represents the managed credit portfolio (carteira de crédito), not annual revenue.

Name

PB Consignado

Legal name

PARANÁ BANCO S.A.

Website

https://pbconsignado.com.br

Company type

Public

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

PB Consignado is the digital lending brand of Paraná Banco S.A., originating payroll- and benefit-deducted loans (empréstimo consignado), benefit cards, FGTS advances, and portability refinancing for INSS retirees, public-sector employees, military, and CLT workers across Brazil.

Ownership category

akta.pro rank

Product category

Consumer Lending

NAICS

Other Nondepository Credit Intermediation (52229)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Employer-Sponsored / Payroll-Linked Personal Loans (Unsecured Installment) (FSAKAAAM)

akta.pro secondary industries

Multi-Loan / Multi-Creditor Consolidation Loans (FSAKAIAD), Lending & Credit Disbursements (FSAMAKAH)

Keywords

• Consigned loans
• Payroll deduction lending
• Benefit card services
• FGTS advance loans
• Loan portability services

Headquarters

HQ city

Curitiba

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Empréstimo Consignado (Consigned Loan Interest): Interest income from consigned loans where repayments are automatically deducted from the customer's benefit or salary. Primary revenue stream with rates up to 1.85% per month for INSS borrowers.
2. Cartão Consignado / Cartão Benefício Fees: Revenue from card issuance fees (R$ 15.00), interest on revolving credit, and transaction fees. Card has no annual fee but generates income through credit usage.
3. Antecipação FGTS (FGTS Advance): Fees and interest charged on advance withdrawals of FGTS anniversary benefits. Rate of 1.99% per month for antecipação.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

PB Consignado, the digital lending brand of Paraná Banco S.A., extends consigned (payroll-deducted) loans to Brazilian INSS retirees, federal/state/municipal public servants, military personnel, and CLT formal workers. Repayments are automatically deducted from benefit or salary payments. The company complements loans with benefit credit cards, FGTS anniversary withdrawal advances, and loan portability/refinancing services through a 100% digital platform supported by 115+ physical branches.

Product overview

PB Consignado, operated by Paraná Banco, offers a comprehensive suite of financial products centered on consigned credit for Brazilian workers and beneficiaries. The core offering is the Empréstimo Consignado, a low-interest loan product for INSS retirees, pensioners, and public servants with automatic payroll deduction. This is complemented by the Cartão Consignado and Cartão Benefício PB, which provide additional 5% consignable credit margins with enhanced benefits including pharmacy discounts, life insurance, and facilitated withdrawals. The product ecosystem extends to FGTS-related services (Antecipação Saque-Aniversário), loan portability and refinancing options, and the Crédito do Trabalhador for CLT workers. PB Consignado serves over 40 convenio (affiliated employer/government benefit arrangements) and operates as a 100% digital platform with over 115 physical locations across Brazil.

Differentiator

Problem solved

Functional benefit

Products and services

• Empréstimo Consignado Consigned loan product extending credit to INSS retirees, pensioners, federal/state/municipal public servants, and military personnel, with repayments automatically deducted from the beneficiary's payroll or benefit payment.
• Cartão Consignado / Cartão Benefício PB Credit card for INSS retirees and pensioners providing an additional 5% consignable credit margin beyond standard consigned loans, accepted at 90,000+ establishments, with no annual fee, life insurance, funeral assistance, and pharmacy discounts via Senff network.
• Antecipação Saque-Aniversário FGTS Allows formal CLT workers who opted for saque-aniversário to advance their annual FGTS anniversary withdrawal amount immediately, with repayment deducted from the eventual FGTS payout at 1.79% per month interest.
• Portabilidade de Consignado Loan portability service transferring existing consigned loans from other financial institutions to PB Consignado, offering up to 40% larger loan amounts, potential cash-back (troco), 120-day deferred first payment, and competitive interest rates.
• Refinanciamento Loan refinancing option allowing existing consigned loan borrowers to restructure contracts, potentially reducing installment amounts or receiving additional cash based on available consignable margin.
• Crédito do Trabalhador Credit product for Brazilian CLT (formal employment) workers with fixed installments deducted directly from payroll, subject to consignable margin limits.

Quantifiable outcome

• R$ 8.5 billion in credit portfolio managed
• +4 more outcomes

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• SenffcoreTechnology or IntegrationSenff is the card network partner providing the infrastructure for Cartão Consignado and Cartão Benefício PB. With nearly 130 years of history, Senff operates 5,000+ card-issuing stores, 9,000+ affiliated merchants, 4,000+ partner companies, and 3.8 million customers. Handles card unlocking, billing, and merchant network.
• ePharmaminorOthersPharmacy benefit management partner providing discounts of 15-60% on medications across 27,000+ affiliated pharmacies. Card holders present ID and inform participation in the PBM ePharma program to receive discounts.
• Caixa Econômica Federal (FGTS)coreTechnology or IntegrationPartnership with Caixa Econômica Federal for FGTS antecipação (advance withdrawal) services. PB Consignado integrates with the government FGTS system via app integration, allowing balance consultation and authorization for loan processing.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Crefisa: Privately held Brazilian consumer lender with deep focus on INSS retiree and public-sector payroll-deduction lending, plus an aggressive correspondent branch network across Brazil. Highly comparable product set and the most direct correspondent-distribution competitor to PB Consignado.
• Banco BMG: Brazilian commercial bank listed on B3 that is the leading consigned-loan specialist in Brazil, serving INSS retirees, public sector workers, and military. Directly comparable to PB Consignado in products (consignado, refinancing/portabilidade, cart\u00e3o), customer base, and regulatory positioning.
• Daycoval: Brazilian commercial bank with a dedicated consignado and consumer credit segment targeting INSS beneficiaries and public servants. Similar customer base, multi-channel distribution, and product mix to PB Consignado.
• Banco Pan (BTG Pactual): Brazilian midsized bank majority-owned by BTG focused on consumer credit, consigned loans, and vehicle financing. Overlapping products (consignado, refi, payroll cards) and customer segments (INSS, public sector) make it a direct competitor to PB Consignado in the payroll-deduction market.

Broad incumbents

• Caixa Econ\u00f4mica Federal: Brazilian state-owned bank and the incumbent in consigned lending as the operator of FGTS and the historical consigned-loan leader. Direct overlap on consigned products, INSS payroll deduction, and FGTS antecipa\u00e7\u00e3o; also the critical integration partner for PB Consignado's FGTS product.
• Bradesco (Consignado): Major Brazilian private bank with a sizable consignado and public-sector loan book targeting the same INSS, SIAPE, and state/municipal workforce. Comparable offerings but as part of a much broader retail and corporate banking franchise.
• Ita\u00fa Unibanco (Consignado): Largest private Brazilian bank offering consigned loans, INSS payroll-deduction products, and benefit cards. Competes with PB Consignado across most target customer segments and rate-cap tiers; serves primarily as a broad incumbent rather than a niche specialist.

Emerging players

• Banco Inter: Brazilian digital super-app bank offering consignado, payroll loans, and benefit card products to INSS and corporate payroll customers. Competes with PB Consignado through a digital-first model and aggressive customer acquisition.
• Nubank (Consignado): Leading Brazilian digital bank that has expanded into INSS consignado and secured lending. Directly competing for the same retiree and public-sector customer pool as PB Consignado, but with a fully app-native UX and lower operating cost base.

Others

• Senff: Brazilian card network and benefits provider that operates the Cart\u00e3o Benef\u00eaddo infrastructure (90,000+ merchants) used by PB Consignado. Included as a strategic partner/ecosystem participant rather than a direct lender competitor.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@PBConsignadoParan%C3%A1Banco
• Facebookfacebook.com/paranabanco
• Instagraminstagram.com/pbconsignado
• LinkedInlinkedin.com/company/pb-consignado

Revenue estimate

Valuation estimate

Number of profiles

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 PB Consignado