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CERC Central de Recebíveis is a Brazil-based financial infrastructure company that operates as the country's first specialized electronic registrar for credit card receivables and duplicatas. Authorized by the Central Bank of Brazil, the platform functions as a clearinghouse and central securities depository that provides secure data storage and analysis tools for capital markets. The organization serves a diverse client base of fintechs, factoring companies, marketplaces, acquirers, and issuers seeking alternative credit access. Operating at significant scale, the company processes 1.5 million contracts daily and has registered over R$298 billion in credit card receivables. Following regulatory changes that mandated receivables registration, the firm processed R$328 billion in transaction volume and began negotiating a US$100 million investment ahead of a potential initial public offering. CERC Central de Recebíveis was founded in 2015 by Marcelo Maziero and Fernando Fontes.
CERC Central de Recebíveis has raised $13.0M across 1 funding round.
CERC Central de Recebíveis has raised $13.0M in total across 1 funding round.
# CERC Central de Recebíveis: Financial Infrastructure for Credit Markets
CERC Central de Recebíveis is a financial technology infrastructure company headquartered in Brazil that specializes in receivables management and credit operations.[1][2] Rather than a traditional software vendor, CERC operates as a market infrastructure platform designed to increase security and efficiency in how businesses use receivables (outstanding payments owed to them) to access credit.[4]
CERC functions as a specialized financial infrastructure for credit, enabling businesses across Brazil's payment ecosystem to leverage their receivables in lending and securitization operations.[2][4] The platform serves a broad range of participants—from small merchants using payment terminals ("maquininhas") to large financial institutions—by creating a transparent, secure system for receivables-based credit access.
The company's core mission centers on democratizing credit access. By providing financiers and lenders with reliable data and control mechanisms, CERC enables a wider range of companies to use their receivables as collateral or assets in credit operations, allowing them to reinvest capital into growth.[2] The platform has achieved significant scale: CERC reached R$ 1 trillion in card receivables volume approximately one and a half years after its system launched, demonstrating rapid market adoption.[2]
CERC's competitive advantages stem from its position as a market infrastructure rather than a point solution:
CERC addresses a critical gap in Brazil's financial ecosystem: the underutilization of receivables as credit instruments. Historically, many Brazilian businesses—particularly small and medium enterprises—have had limited access to capital because their receivables were difficult to monetize or use as collateral. By creating transparent, standardized infrastructure for receivables management, CERC enables:
This positions CERC within the broader fintech trend of financial infrastructure modernization—similar to how payment rails, identity verification systems, and lending marketplaces have transformed other markets. The timing is favorable given Brazil's ongoing digital transformation and the growing sophistication of its financial services sector.
CERC's rapid scaling to R$ 1 trillion in receivables volume suggests the market has been waiting for this infrastructure layer. The company's success depends on deepening participation across the payment ecosystem and expanding into adjacent receivables categories (real estate, utilities, services).
Key trends to watch: regulatory evolution around receivables securitization, competition from other infrastructure players, and whether CERC can maintain its position as the dominant standard-setter in Brazilian receivables infrastructure. If successful, CERC could become a critical backbone for credit access in Brazil—similar to how payment networks or credit bureaus function in mature markets—making it a strategically important player in the country's financial ecosystem.
CERC Central de Recebíveis has raised $13.0M across 1 funding round. Most recently, it raised $13.0M Series U in August 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2020 | $13M Series U | — | G2D Investments | Announced |
CERC Central de Recebíveis has raised $13.0M in total across 1 funding round.
CERC Central de Recebíveis's investors include G2D Investments.