“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?”
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.
BizCapital discloses BMP Money Plus SCD, Dock, Qi Tech, Banco Votorantim and Banco BTG Pactual as its banking providers, with Geru SCD as its sponsor bank, according to the Embedded Finance Index 2026.
BizCapital does not disclose a bank charter of its own; its banking services are provided through Geru SCD.
BizCapital processes payments through BizConta (self-operated, via partner institutions), Pix and TED. Disclosed money-movement rails: Pix.
BizCapital's cards are issued through Dock.
The Embedded Finance Index 2026 maps 6 layers in BizCapital's stack: Payments / PSP (BizConta (self-operated, via partner institutions), Pix and TED); Money movement (Pix); Banking / BaaS (BMP Money Plus SCD, Dock, Qi Tech, Banco Votorantim and 1 other); Card issuing (Dock); Lending (BizCred (term loan, from 1.99% monthly, up to 36 months), MaisBiz (pre-approved revolving credit tied to BizConta) and Partner API (embedded credit distribution)); Sponsor bank (BMP Money Plus SCD, Geru SCD and Qi Tech).
BizCapital is founded in 2016 and headquartered in Rio de Janeiro, Brazil.
BizCapital has raised $12M+ (disclosed) in total (latest round: Series B, 2020 ($12M)).
Get a read on where your own stack stands against BizCapital and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.