ajcred
AJCRED is a privately held Brazilian bank correspondent based in Rondônia that intermediates consigned loans, FGTS advances, BPC/LOAS loans, and benefit cards between retail customers and 13+ Brazilian partner banks.
- Company typePrivate
- Founded2006
- HeadquartersJi-Paraná, Brazil
- Headcount51–100
- GTM typeB2C
- OfferingServices
What ajcred does
AJCRED (legal name AJ DO BRASIL LTDA.) is a privately held Brazilian bank correspondent (correspondente bancário) founded in 2006 and headquartered in Ji-Paraná, Rondônia. The company intermediates credit products — consigned loans, FGTS (Fundo de Garantia do Tempo de Serviço) advances, BPC/LOAS loans, benefit and consigned credit cards, portability/refinancing, and personal loans — between retail customers and a network of at least 13 partner banks including BMG, Daycoval, Itaú, Bradesco, Safra, Pan, Master, Ole, Pine, Senff, Facta, Credcesta, and Bancopan. Its target segments are underserved Brazilian credit consumers: INSS retirees and pensioners, federal/state/municipal public servants, BPC/LOAS social-benefit beneficiaries, and FGTS account holders using the Saque-Aniversário modality.
The business model is commission-based financial intermediation under CMN Resolution 3.954/2011, with no proprietary lending technology, no app, no API, and no disclosed AI/ML capabilities. Distribution runs through a hybrid model: two physical storefronts (Ji-Paraná and Porto Velho, both in Rondônia) plus a WhatsApp-first digital channel that the company claims can complete 100% of processing remotely, supported by a toll-free 0800 line, LGPD-compliant data handling under a dedicated DPO, and a marketing presence on Facebook, Instagram, and LinkedIn. Marketing channels also include Google Reviews (1,000+ verified testimonials) and Reclame Aqui for reputation management.
AJCRED self-describes as the largest fintech credit company in Rondônia, operating for 18 years. There are no disclosed funding rounds, no institutional investors, no parent company, no acquisitions, and no disclosed headcount or revenue — consistent with a closely held, family- or entrepreneur-owned regional correspondent operator. Pricing is usage-based and bank-set; for example, FGTS anticipation rates start from 1.29% per month with minimum advance of R$300, while BPC/LOAS loans are capped at 30% of income.
ajcred firmographics
Firmographics- Name
- ajcred
- Legal name
- AJ DO BRASIL LTDA.
- Website
- https://ajcred.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- AJCRED is a privately held Brazilian bank correspondent based in Rondônia that intermediates consigned loans, FGTS advances, BPC/LOAS loans, and benefit cards between retail customers and 13+ Brazilian partner banks.
- Ownership category
- akta.pro rank
ajcred industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Activities Related to Credit Intermediation (5223), Other Nondepository Credit Intermediation (52229)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Personal Credit Institutions (6141)
- akta.pro primary industry
- SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
- akta.pro secondary industry
- Prepaid Card Program Managers & Issuers (BIN Sponsors) (FSAMANAK)
Keywords
Where ajcred is headquartered
LocationHeadquarters
- HQ city
- Ji-Paraná
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
ajcred business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Correspondent Banking Commission: AJCRED operates as a correspondent bancário (bank correspondent) earning commissions from financial institutions for intermediating loans, credit cards, and other financial products. The company shares customer data with partner banks for contract execution.
- FGTS Advance Intermediation: Facilitates antecipação de FGTS (FGTS advance) services, earning fees from partner banks (Banco Master, Itaú, Pan) for processing applications.
- Consigned Credit Intermediation: Intermediates consigned loans, refinancings, and benefit cards between customers and partner banks, earning commissions per successful contract.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | FGTS Anticipation starting from 1.29% per month |
| Usage-based | Pay-as-you-go | BPC/LOAS loans up to 30% of income |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
ajcred product offering
Product offeringCore offering
Ajcred operates as a Brazilian bank correspondent (correspondente bancário) that intermediates consumer credit products between individual clients and partner banks. It arranges payroll-deducted consigned loans, FGTS anniversary-withdrawal advances, BPC/LOAS social benefit loans, benefit/consigned credit cards, loan portability and refinancing, and personal loans, processing applications through WhatsApp, phone, and physical storefronts in Rondônia.
Product overview
AJCRED is a correspondent banking network (rede de correspondentes bancários) in Brazil, offering a portfolio of financial products and services including loans, credit cards, and anticipations. The company operates as an intermediary between clients and major Brazilian financial institutions including Banco BMG, Banco Daycoval, Itaú, Bradesco, Safra, Banco Ole, Banco Pine, and others. The product portfolio centers on credit solutions for underserved populations (retirees, pensioners, public servants, government benefit recipients), with the main offerings being: Antecipação de FGTS (FGTS advance), Empréstimo Consignado (consigned loan), Cartão Benefício/Consignado (benefit/consigned credit card), Empréstimo BPC/LOAS (social benefit loans), and Portabilidade e Refinanciamento (loan portability and refinancing). The company is promoted as the leading fintech credit provider in the state of Rondônia with over 1,000 Google reviews.
Differentiator
Problem solved
Functional benefit
Products and services
- Antecipação de FGTS A financial service that allows workers to anticipate up to 10 installments of their FGTS (Fundo de Garantia do Tempo de Serviço) anniversary withdrawal, with annual discounts from the FGTS balance and funds released via PIX within 3 hours. Interest rates start at 1.29% per month with a minimum anticipation amount of R$300. Targeted at FGTS account holders using the Saque-Aniversário modality.
- Empréstimo Consignado A consigned loan product where installments are automatically deducted from the client's payroll, offering lower interest rates for retirees, pensioners, INSS beneficiaries, and public servants (federal, state, and municipal). Ajcred claims to be the largest fintech credit company in Rondônia. Rates and terms subject to partner bank validation and available consignable margin.
- Cartão Benefício e Cartão Consignado A credit card product for public servants (municipal, state, federal) and INSS retirees/pensioners, featuring deductions directly from payroll, no annual fees, up to 60 days to pay bills, quick credit access (within 24 hours), and additional health benefits including pharmacy and medical discounts. Issued through partner banks/institutions.
- Empréstimo BPC/LOAS A consigned loan for BPC/LOAS (Benefício de Prestação Continuada) benefit recipients, allowing up to 9 simultaneous loans without exceeding 30% of income commitment, available for beneficiaries aged 22 and older. Same-day fund availability is possible. Designed for persons with disabilities or elderly individuals in social vulnerability who cannot work.
- Portabilidade e Refinanciamento Services enabling clients to transfer their consignable loans to other financial institutions for better terms (portability) or renegotiate existing contracts with the same institution for improved conditions such as lower rates or extended payment terms. Portability with cash-back (troco) allows clients to receive extra funds upon transfer. Processing typically completed in 7-10 business days.
- Empréstimo Pessoal Personal loan commercialized by Ajcred as a correspondent of Banco Daycoval, subject to bank credit analysis and validation. Made available to individual consumers seeking general-purpose personal credit.
Quantifiable outcome
- Process completed in 7-10 business days for refinancing applications
- +3 more outcomes
Companies that use ajcred
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
ajcred technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ajcred partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and secondary.
- Banco BMGcoreBanco BMG is a major Brazilian bank specializing in consigned credit. AJCRED acts as authorized correspondent, processing consigned loans and benefit cards. BMG provides SAC and Ouvidoria channels for customer service.
- Banco DaycovalcoreBanco Daycoval is a significant Brazilian financial institution. AJCRED offers Daycoval personal loans as part of its product portfolio. Daycoval provides customer service through dedicated 0800 numbers.
- ItaúcoreMajor Brazilian bank and one of the largest financial institutions in Latin America. AJCRED offers Itaú products including FGTS advance and consigned loans. Itaú provides Ouvidoria and SAC services.
- Banco Ole (Banco Olé Consignado)coreSpecialized bank in consigned credit products. AJCRED processes loans through Ole. Provides dedicated customer service lines and credit card services.
- Banco SafracoreBanco Safra is a major Brazilian bank. AJCRED offers Safra consigned loans and financial products. Safra provides dedicated customer service through multiple channels.
- Banco PinesecondaryBrazilian bank offering credit and financial services. AJCRED processes Pine products including credit cards and benefit cards. Pine provides fraud prevention and customer service channels.
- SenffsecondaryFinancial institution specializing in card services and credit. AJCRED offers Senff credit cards. Senff provides cardholder services and ouvidoria.
- BradescocoreOne of the largest Brazilian banks by assets. AJCRED offers Bradesco consigned loans and financial products. Bradesco provides extensive customer service network.
- Facta FinanceirasecondaryFinancial institution focused on consigned credit. AJCRED processes Facta loans. Facta provides SAC services for complaints and information.
- CredcestasecondaryCard issuer for public servants. AJCRED offers Credcesta benefit and consigned cards for public employees. Cards accepted at Visa merchants and Cesta do Povo stores.
- Banco PancoreBrazilian bank in which the company operates as correspondent, offering consigned loans and FGTS advance products.
- Banco MastercorePartner bank for FGTS advance (Saque-Aniversário) products. Customers authorize Banco Master to consult their FGTS balance through AJCRED's intermediation.
- BancopansecondaryBrazilian bank offering banking and credit products. AJCRED offers Bancopan consigned credit products through its correspondent network.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
ajcred competitors and assessment
Company assessmentDirect peers
- Caju Brasil: Caju is a Brazilian employee benefits card platform that intermediates between employers, banks, and end users via a similar correspondent-style model. It overlaps with AJCRED in benefit cards and payroll-linked credit for public servants and corporate employees.
- Flash Benefícios: Flash operates a flexible benefits and benefits-card platform in Brazil with corporate and public-sector distribution. It competes for the same payroll-linked credit and benefits card wallet that AJCRED targets with INSS retirees and public servants.
- Facta Financeira: Facta is a Brazilian financial institution focused on consigned credit and refinancing, and is one of AJCRED's listed bank partners. It offers overlapping consigned loan and portability products to INSS retirees and public servants through its own correspondent network.
- Banco Ole Consignado: Banco Ole is a Brazilian bank specializing in consigned credit products and benefit cards. As one of AJCRED's core partners, it offers directly competing consigned loans, BPC/LOAS credit, and benefit cards to the same retiree and public servant segments.
- Credcesta: Credcesta is a Brazilian card issuer focused on public servants, offering benefit and consigned cards accepted at Visa merchants. As one of AJCRED's card partners, it directly overlaps in benefit card distribution to the same public-employee customer segment.
Emerging players
- Creditas: Creditas is a Brazilian consumer credit fintech offering secured personal loans, payroll-deductible credit, and refinancing. It overlaps with AJCRED on consigned and refinancing products but serves a broader and more digitally native customer base.
Broad incumbents
- Banco PAN: Banco PAN is a Brazilian mid-size bank offering consigned credit, FGTS advance, and consumer loans, and is one of AJCRED's core bank partners. As a regulated bank, it competes both as a partner and as a direct originator for the same consigned customer base.
- Banco BMG: Banco BMG is a major Brazilian bank specializing in consigned credit and benefit cards. As one of AJCRED's most strategic partners, it provides consigned loan and benefit card products that AJCRED distributes, but also originates similar products directly through its own channels.
- Itaú Unibanco: Itaú is one of Brazil's largest banks and a key AJCRED partner for FGTS advance and consigned credit. Its size and direct digital channels make it both a partner and a potential disintermediator of the correspondent banking layer AJCRED operates in.
- Banco Daycoval: Daycoval is a Brazilian commercial bank offering personal loans, consigned credit, and corporate banking, and is the partner through which AJCRED commercializes personal loans. It is both a distribution channel and a direct competitor in personal lending.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
ajcred social profiles
Digital presenceajcred compliance and trust
Trust signalCompliance1 record
ajcred financial estimates
Financial estimateRevenue estimate
Valuation estimate
ajcred leadership team
Management profileNumber of profiles
ajcred funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ajcred 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 ajcred
What does ajcred do?
Ajcred operates as a Brazilian bank correspondent (correspondente bancário) that intermediates consumer credit products between individual clients and partner banks. It arranges payroll-deducted consigned loans, FGTS anniversary-withdrawal advances, BPC/LOAS social benefit loans, benefit/consigned credit cards, loan portability and refinancing, and personal loans, processing applications through WhatsApp, phone, and physical storefronts in Rondônia.
Is ajcred a public or private company?
ajcred is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ajcred founded?
ajcred was founded in 2006. It employs 51 to 100 people.
Where is ajcred based?
ajcred is headquartered in Ji-Paraná, Brazil, in the Latin America region.
How does ajcred make money?
Three revenue lines are on record. Correspondent Banking Commission is the primary driver. The others are FGTS Advance Intermediation and consigned Credit Intermediation.
Who are ajcred's main competitors?
Direct peers on record are Caju Brasil, Flash Benefícios, Facta Financeira, Banco Ole Consignado and Credcesta. Creditas is listed as an emerging player. Broad incumbents are Banco PAN, Banco BMG, Itaú Unibanco and Banco Daycoval.
Does ajcred have an API?
No public API is recorded for ajcred.
What industry is ajcred in?
ajcred's product category is Consumer Lending. Its primary akta.pro industry code is FSAEAEAI, SBA/USDA Government-Backed Loan Intermediation, with a secondary code of FSAMANAK, Prepaid Card Program Managers & Issuers (BIN Sponsors). Its NAICS code is 5223 and its SIC code is 6162.