“Can a regulated Brazilian P2P lending society become the default Credit-as-a-Service rail for every non-bank in Brazil, powered by Serasa Experian's bureau data?”
MOVA was founded in 2019 as the first SEP (peer-to-peer lending society) authorized by the Central Bank of Brazil under Resolution CMN 4.656/5.050. Rather than lending its own balance sheet, it operates a Credit-as-a-Service infrastructure — CCB issuance, credit engine, KYC/antifraud, collections, and investor onboarding — that lets any non-bank company (Nuvemshop, PicPay, Grupo Up, etc.) launch white-label credit products. It was later absorbed into Serasa Experian, positioning MOVA as Serasa's embedded-credit distribution channel alongside its bureau data.
MOVA | Credit as a Service discloses Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house) as its banking provider, according to the Embedded Finance Index 2026.
MOVA | Credit as a Service does not disclose a bank charter of its own; its banking services are provided through Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house).
MOVA | Credit as a Service moves money over Pix.
MOVA | Credit as a Service uses Serasa Experian for KYC and identity verification.
MOVA | Credit as a Service's lending and capital products are provided by Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house).
MOVA | Credit as a Service connects to bank accounts through Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house).
The Embedded Finance Index 2026 maps 5 layers in MOVA | Credit as a Service's stack: Money movement (Pix); Banking / BaaS (Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house)); Lending (Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house), Credit-as-a-Service (CaaS) white-label credit platform, BNPL (Buy Now Pay Later), Pix Parcelado and 3 others); Open banking (Mova Sociedade de Empréstimo entre Pessoas S.A. (in-house)); KYC (Serasa Experian).
MOVA | Credit as a Service is founded in 2019 and headquartered in São Paulo, Brazil.
Get a read on where your own stack stands against MOVA | Credit as a Service 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.