Company Innovates in Credit Granting Model

Pontte, a digital credit fintech specialized in home equity, emerged to streamline the granting of credit. Founded in 2019, the company completed a year of operation in May and has observed growth in the search for credit with real estate guarantee. In the first five months of 2020 (January to May) alone, simulations on its platform were 60% higher than the eight months of 2019 (May to December). The average request amount is R $ 440 thousand. In the comparison between the first quarter of 2020 and the last quarter of 2019, the increase was 106%. In terms of volume, there were 2.8 billion credit applications in 2020 alone, against a total of 1.7 billion in the entire year of 2019. Thus, the company expects to lend about R $ 400 million throughout this year. . Fintech serves both companies and individuals and has two products: real estate financing and home equity, a type of loan with real estate guarantee. Thus, the user can request credit of up to 50% of the value of the property offered and at much lower rates. In addition, it invests in flexibility and more “human” credit, respecting the client’s reality and assisting him in his financial planning. The installments, for example, decrease in value over time, and the user can skip a installment, reduce its value or settle the payment according to its timing.

In a scenario of economic instability like the one we are currently experiencing, having access to credit is not easy. Financial institutions request several documents and the process itself is time-consuming and bureaucratic. It was to resolve this situation that Pontte, a digital credit fintech specialized in home equity, emerged.

Founded in 2019, the company completed a year of operation in May and has seen growth in the search for mortgage-backed loans. In the first five months of 2020 (January to May) alone, simulations on its platform were 60% higher than the eight months of 2019 (May to December). The average request amount is R $ 440 thousand.

In the comparison between the first quarter of 2020 and the last quarter of 2019, the increase was 106%. In terms of volume, there were 2.8 billion credit applications in 2020 alone, against a total of 1.7 billion in the entire year of 2019. Thus, the company estimates to lend about R $ 400 million throughout this year. .

Fintech’s main investor is Maua Capital, a company with 15 years in the market and with more than R $ 7 billion in assets under its management. The proposal is to bring more flexibility and more “human” credit, respecting the client’s reality and assisting him in his financial planning. The installments, for example, decrease in value over time, and the user can skip a installment, reduce its value or settle the payment according to its timing.

Currently, Pontte serves both companies and individuals and has two products: real estate financing and home equity, a type of loan with real estate guarantee. Thus, the user can request credit of up to 50% of the value of the property offered and at much lower rates.

Home equity is still a new modality in Brazil, but growing in the sector. Central Bank estimates show that this model can inject up to R $ 500 billion into the economy. It is an increasing need, since a survey by Sebrae with the Getúlio Vargas Foundation points out that 86% of credit applications were denied or were under analysis between April 7 and May 5, 2020 – this rate is 18% in Pontte.