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Novo Saque
Information by Research TrustFinance
Novo Saque is a fintech that operates as a "correspondente bancário" (banking correspondent) in Brazil, acting as an intermediary to simplify access to credit. The company's primary service is facilitating the anticipation of the FGTS "Saque-Aniversário" (Anniversary Withdrawal), which is a type of personal loan secured by the worker's own FGTS funds. By partnering with regulated financial institutions like QI Sociedade de Crédito Direto S.A. and BMP Money Plus Sociedade de Crédito Direto S.A., Novo Saque provides a fully digital, secure, and fast platform for users to apply for and receive their funds.
Brazil
Industry
Financial