Originally founded in Germany in 2013 by Rocket Internet, Lendico launched its Brazilian operations in 2015 as a digital platform to connect borrowers with investors. In 2020, Lendico Brasil was acquired by the major Brazilian bank, Banco BMG, and now operates as one of its key fintech brands. The company's mission is to provide simple, fast, and fair access to personal credit through a 100% online process. It functions as a "correspondente bancário" (banking correspondent) for Banco BMG, originating personal loans that are funded by the bank.

Founded in

Brazil