Brazilian fintech Mercado de Recebíveis has successfully completed the issuance of its first Credit Rights Investment Fund (FIDC), securing R$150 million (approximately $28 million). This significant financial milestone, structured by Oriz Partners, marks a pivotal moment for the company, providing it with a stable and scalable funding source. The move is set to fuel the expansion of its credit solutions, which are uniquely backed by corporate receivables.
A Strategic Shift Towards Financial Autonomy
The establishment of this proprietary FIDC represents a strategic shift for Mercado de Recebíveis, moving the company away from a dependency on external partners for capital. This transition ensures the fintech can build a permanent funding structure, enhancing its ability to scale operations efficiently. The fund provides the necessary liquidity and predictability to meet the growing demands of its client base with greater robustness and confidence.
According to the company's CEO, this newfound financial autonomy is crucial for serving customer needs more effectively. By controlling its own funding mechanism, Mercado de Recebíveis can offer more consistent and reliable credit products backed by receivables. This strategic independence is a cornerstone of its plan to solidify its market position and prepare for a period of accelerated growth and innovation.
Impressive Growth and Key Milestones
This funding achievement follows a period of remarkable performance for the fintech, which was founded in 2023. The company reported processing $187 million in Total Payment Volume (TPV) in 2025, representing a tenfold increase compared to the previous year. This rapid expansion is a testament to the strong market fit for its receivables-backed credit solutions and its effective operational strategy.
Financially, Mercado de Recebíveis has also demonstrated exceptional progress, reaching its breakeven point in May 2025, nearly six months ahead of its initial projections. This accomplishment was bolstered by two successful funding rounds within two months from investors URCA Angels and Headline. These capital injections propelled the company's valuation to R$300 million, signaling strong investor confidence in its business model and future prospects.
Innovation remains at the core of the company's strategy, highlighted by its partnership with Visa to launch a credit card backed by receivables and running on blockchain technology. This forward-thinking product development showcases the fintech's commitment to leveraging cutting-edge technology to solve real-world financial challenges. Such initiatives differentiate Mercado de Recebíveis in a competitive and rapidly evolving market, positioning it as a leader in financial infrastructure.
Navigating the Future of Digital Receivables
Looking ahead, Mercado de Recebíveis is poised to capitalize on significant regulatory changes in Brazil's financial landscape, particularly the introduction of standardized digital trade invoices (duplicatas escriturais). This development is expected to create vast opportunities by enhancing transparency, standardizing processes, and reducing fraud in the receivables market. The company's expertise in technology, credit, and risk management places it in an ideal position to lead this market transformation.
With 2025 serving as a year of consolidation and foundational growth, the company has set an ambitious goal for 2026: to grow another tenfold. This target reflects the immense potential unlocked by the new FIDC and the maturing Brazilian fintech ecosystem. As investors and the market increasingly recognize the value of technology-driven solutions that provide speed and liquidity, Mercado de Recebíveis is prepared for a phase of exponential expansion.
In conclusion, the successful launch of its first FIDC is a landmark achievement for Mercado de Recebíveis, securing its financial foundation and paving the way for aggressive growth. This strategic move, combined with a track record of rapid expansion and product innovation, solidifies its role as a key protagonist in shaping the future of Brazil's receivables market. The company is now well-equipped to navigate and lead within the next generation of the country's financial infrastructure.