Mova

Mova

We are the MOVA, 1st Society of People Loan (SEP) approved by the Central Bank of Brazil. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
$15m (Public information from May 2022)
Presidente Prudente São Paulo (HQ)
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$7.9m

Valuation: $15.5m

Acquisition
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Acquisition
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MOVA is a pioneering financial technology company operating as the first People's Loan Society SEP approved by the Central Bank of Brazil. Specializing in peer-to-peer (P2P) lending, MOVA connects individual investors directly with borrowers, eliminating traditional banking intermediaries. This model allows investors to achieve higher returns while borrowers benefit from reduced interest rates. MOVA leverages the extensive 25-year experience of the OMNI Group Bank, combined with innovative approaches from new-generation entrepreneurs, to offer a seamless and efficient lending experience. The company primarily serves individual investors and small to medium-sized enterprises (SMEs) seeking alternative financing solutions. MOVA generates revenue through service fees charged to both lenders and borrowers for facilitating the transactions on its platform. By providing a transparent and user-friendly interface, MOVA ensures that once funding is approved, users can easily access their parcel tickets and manage their loans online.

Keywords: Peer-to-peer lending, Central Bank of Brazil, financial technology, investor returns, borrower interest rates, OMNI Group Bank, SMEs, alternative financing, service fees, online loan management.