Mera Cred is a Brazilian fintech that operates as a digital credit platform. The company's primary mission is to provide fair, accessible, and hassle-free credit to Brazilian workers. Its main product is the *empréstimo consignado* (payroll-deducted loan), where loan repayments are deducted directly from the borrower's salary. Mera Cred functions as a banking correspondent (Correspondente Bancário), connecting customers with various partner financial institutions through its digital platform. The legal entities behind the brand are Mera Cred Correspondente Bancário LTDA and Mera Instituição de Pagamento LTDA, the latter of which is regulated by the Central Bank of Brazil as a payment institution.

Founded in

Brazil