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BizCapital

“Can a banking-correspondent SMB lender become the embedded credit rail for Brazil's small business economy by bundling a digital account with pre-approved credit?”

Founded2016
HQRio de Janeiro, Brazil
Total raised$12M+ (disclosed)
Latest roundSeries B, 2020 ($12M)
IndustryFintech / SMB Lending
The story

Founded 2016 as a pure online SMB credit fintech for the underserved Brazilian small business segment, BizCapital operated as a banking correspondent (correspondente bancário) channeling credit from partner SCDs and banks rather than holding its own banking license. The company has since expanded beyond pure lending into a bundled SMB financial platform — BizConta (digital PJ account with free Pix/TED) plus BizCred term loans and MaisBiz pre-approved credit — using the account as the data layer to underwrite higher credit limits. A partner API now distributes credit decisioning into third-party platforms, positioning BizCapital as an embedded SMB credit provider in Brazil.

Last 12 months
—
Product timeline
0
Launched BizConta digital business account (PJ) alongside BizCred lending product· banking
0
Launched MaisBiz pre-approved credit line tied to BizConta usage· lending
0
Released Partner API for embedded credit distribution via third-party platforms· embedded
2016
Founded in Rio de Janeiro as an online SMB lender for Brazilian small businesses· founding
2020
Raised $12M Series B led by DEG with MercadoLibre, Quona, Monashees to scale online lending· funding
Regulated entities
2
regulatory licences held by BizCapital
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in BizCapital’s embedded-finance stack
Payments / PSP
BizConta (self-operated, via partner institutions)PixTED
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: significant
6 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.