Founded in 1930, Banco Bmg has a long history in the Brazilian financial sector. The bank pivoted its strategy in 1998 to focus on creating and distributing payroll-deductible loans (*crédito consignado*), a segment in which it became a market leader. Today, Bmg has evolved into a digital bank (phy-gital model) that offers a complete suite of financial products, including free digital accounts, credit and debit cards, personal loans, insurance, and various investment options, while maintaining its core focus on providing accessible credit solutions to its specific target audience.

Founded in

Brazil