Sicoob Credicocapec

What Sicoob Credicocapec does

Sicoob Credicocapec is a Brazilian credit union cooperative founded in 1991 and headquartered in Cocal do Sul, Santa Catarina, operating as a member-owned institution within the Sistema Sicoob network — the largest cooperative financial system in Brazil. The cooperative serves three explicit segments: individuals (Para Você), businesses (Para sua Empresa), and agribusiness (Para o Agronegócio), offering a full banking product suite including current and salary accounts, credit cards, personal and rural credit lines (including consignado), investment products (RDC, investment funds, LCA, savings), pension and retirement plans, life/auto/home insurance, and consortiums (consórcios) for real estate, vehicles, trucks, and services. Customer acquisition follows a community-led GTM model in which individuals become cooperative members (cooperados) and partial owners; marketing and service extend across an official website, blog, social media channels, community assemblies, and physical cooperative branches and service points (postos de atendimento) in the regional footprint.

The core technology layer rests on the App Sicoob mobile platform and Internet Banking, both shared infrastructure assets of the Sistema Sicoob system, integrated with Brazil's Central Bank Pix instant payment rails. The Pix offering has been expanded into a multi-feature ecosystem: Pix Automático (recurring payments with single authorization), Pix Agendado (scheduled transfers), Pix Recorrente (automatic periodic payments), Pix Parcelado (installments up to 12x), Pix Saque and Pix Troco (merchant-based cash withdrawal), the Mecanismo Especial de Devolução (MED) for fraud-related fund recovery, and configurable Limites de Pix for security controls. These features are operationalized at the cooperative level via the shared Sicoob stack rather than proprietary technology developed in-house.

The revenue model is a diversified financial services mix typical of credit cooperatives. Primary revenue derives from net interest income on loans and credit operations extended to members, supplemented by fees on Pix and banking services (notably transaction-based pricing for business / pessoa jurídica accounts, with fee-free Pix for individuals), investment product management income (RDC, funds, LCA, savings), and commissions from insurance distribution. Tiered pricing distinguishes the freemium-like individual account experience from the transaction-fee business account experience, with nighttime Pix limits set at R$1,000 for individuals and R$5,000 for businesses. As a cooperative, surplus is returned to members rather than external shareholders, and the institution is owned and governed by its member base under Sistema Sicoob's cooperative framework.

Name

Sicoob Credicocapec

Legal name

Sicoob Credicocapec

Website

https://credicocapec.com.br

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

Sicoob Credicocapec is a Brazilian financial cooperative within the Sistema Sicoob network, serving individuals, businesses, and agribusiness in Santa Catarina with a full banking product suite including accounts, credit, investments, insurance, pensions, consortiums, and Pix-based payments.

Ownership category

akta.pro rank

Product category

Cooperative Banking

NAICS

Credit Unions (522130)

SIC

Savings Institutions, Not Federally Chartered (6036)

akta.pro industry

PRIMARYFSABAEAK

Public Sector & Municipal Credit Unions

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Community & Cooperative Banking (Credit Unions, Mutuals)

Keywords

• Cooperative banking services
• Consumer credit lending
• Rural credit financing
• Pix instant payments
• Insurance consortium plans

Headquarters

HQ city

Franca

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: As a credit union, Sicoob Credicocapec generates primary revenue from interest charged on loans and credit operations extended to members.
2. Financial Service Fees: Revenue from various banking service fees. For business accounts (pessoa jurídica), Pix transactions may incur charges per the cooperative's fee policy. Individual accounts have fee-free Pix transactions.
3. Investment Products: Revenue from managing investment products including RDC (Direct Credit), Investment Funds, LCA (Agricultural Credit Letters), and Savings accounts.
4. Insurance Products: Commissions from selling insurance products including life, auto, and home insurance through the cooperative.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Sicoob Credicocapec is a Brazilian credit union cooperative operating within the Sistema Sicoob network, headquartered in Cocal do Sul, Santa Catarina. The cooperative offers a comprehensive portfolio of banking and financial services to individual members, businesses, and agribusiness customers, including current and capital accounts, credit and debit cards, consumer and rural credit lines, investment products, pension plans, insurance, and consortiums. Its service offering is centered on an integrated Pix instant payment ecosystem developed by Brazil's Central Bank, accessible through the App Sicoob mobile platform and Internet Banking.

Product overview

Sicoob Credicocapec is a Brazilian financial cooperative offering a comprehensive portfolio of banking and financial products. The offering operates as a platform-plus-modules architecture centered around core banking services (accounts, cards, credit, investments, insurance, pensions, and consortiums) supplemented by an extensive Pix instant payment ecosystem. The Pix platform includes multiple sub-products: Pagamento Parcelado for installment payments, Pix Automático for recurring payments with single authorization, Pix Agendado for scheduled transfers, Pix Recorrente for automatic periodic payments, Pix Saque/Troco for cash withdrawal services, Mecanismo Especial de Devolução for fraud recovery, Seguro Transações for transaction protection, and configurable Limites de Pix for security controls. All services are accessible through the App Sicoob mobile platform and Internet Banking channel.

Differentiator

Problem solved

Functional benefit

Products and services

• Contas (Accounts) Banking account products including current account (Conta Corrente), salary account (Conta Salário), and capital account (Conta Capital) for individual members and business customers of the cooperative.
• Cartões (Cards) Credit and debit card products with various card networks (bandeiras) and associated services available to cooperative members and business customers.
• Crédito (Credit) Credit products including revolving and targeted credit lines, payroll-secured loans (crédito consignado), personal credit, and consumer/equipment financing options for individuals, businesses, and agribusiness.
• Investimentos (Investments) Investment products including RDC (Direct Credit / Recibo de Depósito Cooperativo), investment funds (Fundos de Investimentos), Agricultural Credit Letters (LCA), and savings accounts (Poupança) for individual members.
• Previdência (Pension/Retirement Plans) Pension and retirement planning products including foundation plans (Fundação), multi-sponsored plans (Plano Multipatrocinado), and multi-institutional plans (Plano Multi-Instituído) for individual members.
• Seguros (Insurance) Insurance products distributed through the cooperative covering life (Vida), auto (Auto), and residential/home (Residencial) coverage for individual members.
• Consórcios (Consortium Plans) Consortium (collective saving/purchasing group) plans for real estate (Imóveis), automobiles (Automóveis), trucks (Caminhões), and services (Serviços) administered through the cooperative for its members.
• Pix (Instant Payments) Pix instant payment system from Banco Central do Brasil, enabling 24/7 transfers and receipts in seconds via app, QR code, proximity, WhatsApp, scheduled, recurring, installment (Pix Parcelado), and cash-withdrawal modes, with built-in fraud recovery via Mecanismo Especial de Devolução (MED).
• Serviços (Banking Services) Banking services including cardless withdrawal (Saque sem cartão), electronic bill presentation (DDA), automatic debit (Débito Automático), and payment services offered to cooperative members.

Quantifiable outcome

• Pix transfers complete in seconds, even between different banks, available 24/7 including weekends and holidays

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Partner Establishments for Pix SaqueminorOthersPartner retail locations where customers can withdraw cash using the Pix Saque feature. Customers can make purchases and withdraw cash at these partner establishments. The specific names of partner establishments are not disclosed on the website.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Nubank: Nubank is Brazil's largest digital bank, offering fee-free accounts, Pix, credit cards, and personal loans through a mobile-first platform. It competes directly with Sicoob Credicocapec for younger, digital-native members with no-fee propositions.
• Inter & Co: Inter is a Brazilian digital bank and super-app offering accounts, Pix, credit, investments, insurance, and a marketplace. Its digital-first, fee-light model pressures cooperative economics for members considering switching.

Direct peers

• Sicredi: Sicredi is Brazil's other major cooperative financial system and the most direct peer to Sicoob Credicocapec. Both operate member-owned cooperative credit unions under a shared central system structure, with regional cooperatives offering full banking services including Pix, credit, investments, and insurance.
• Cresol Cooperativa: Cresol is a Brazilian cooperative credit system with strong agribusiness and smallholder farmer focus. It is highly comparable to Sicoob Credicocapec in cooperative model, rural credit specialization, and shared Pix-based service delivery.
• Unicred: Unicred is a Brazilian cooperative credit union system focused on professionals and businesses. It competes directly with Sicoob Credicocapec for cooperative banking members, offering a similar product mix (accounts, credit, Pix) under a cooperative ownership model.

Broad incumbents

• Itaú Unibanco: Itaú is Brazil's largest private commercial bank, offering accounts, Pix, credit, investments, insurance, and pensions. It competes for the same members as Sicoob Credicocapec with substantially larger marketing and technology investment.
• Banco do Brasil: Banco do Brasil is Brazil's largest government-linked bank and a broad incumbent offering the full retail/SMB/agribusiness product set that overlaps with Sicoob Credicocapec. It competes heavily for agricultural credit and government payroll accounts in Santa Catarina.
• Bradesco: Bradesco is one of Brazil's top three private banks with an extensive branch network and full product suite (accounts, credit, Pix, insurance). It directly competes for retail and SMB customers in Santa Catarina.
• Caixa Econômica Federal: Caixa is a major federal Brazilian bank with dominant positions in savings, mortgage, and lottery/payroll relationships. It offers many of the same product categories (accounts, Pix, credit, insurance, pensions) that Sicoob Credicocapec provides to its members.

Regional players

• Banrisul: Banrisul is the state bank of Rio Grande do Sul, the southern Brazilian state neighboring Santa Catarina. It serves a similar regional market with comparable retail banking products (accounts, Pix, credit, insurance), making it a relevant regional competitive peer.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/credicocapec

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 Sicoob Credicocapec