MB Labs
“Can a Brazilian whitelabel banking platform + embedded engineering squads become the go-to infrastructure partner for regulated institutions launching digital financial products?”
Founded2013
HQCampinas, São Paulo, Brazil
IndustryInfrastructure / BaaS
The story
MB Labs began in 2013 as a general software development shop in Campinas, Brazil, and has since repositioned itself as a specialized fintech infrastructure provider. Today it markets a whitelabel banking platform covering cards, benefits, Open Finance, personal lending, Pix, receivables anticipation, banking, investments, and FX — bundled with dedicated engineering squads. It is an enabler/vendor of embedded finance for Brazilian institutions, not an end-consumer fintech.
Product timeline
2013
Founded as a software development startup in Campinas, Brazil· pivot
2025
Positioned as a global fintech offering whitelabel banking, Squad-as-a-Service, and product discovery for financial digital solutions· pivot
The stack
6 layers disclosed in MB Labs’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Banking / BaaS
in the full report
Lending
in the full report
Open banking
in the full report
FX & payouts
in the full report
Accounting gap: none
7 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.