Mifundo, a pan-European credit data platform, has integrated credit data from Equifax BoaVista, subsidiary of Equifax Inc. in Brazil, enabling European banks to access verified Brazilian credit information as part of their credit assessment processes. 

It allows lenders to retrieve verified credit data from Brazil, including repayment behaviour, existing obligations, and credit usage. The data is standardised and delivered through Mifundo’s platform in a format that integrates directly into existing underwriting workflows, without requiring changes to credit models or decision processes. 

Brazilian nationals living and working in Europe, of whom there are more than one million, are often assessed with incomplete or no credit history when applying for financial products. While many have established repayment histories and financial obligations in Brazil, this data is typically not visible to European lenders through domestic credit bureau systems. As a result, credit decisions are frequently conservative or applications are declined due to lack of verifiable information. 

This marks Mifundo’s first step beyond Europe and establishes a new credit data corridor between Europe and Latin America. The platform already connects credit data from 20+ European countries, covering more than 70% of Europe and is expanding to support increasingly global customer profiles. 

Silvio Santana, Commercial Vice President at Equifax BoaVista: 

“Equifax BoaVista provides a broad and detailed view of the Brazilian population, with established credit histories and with lean files, that are not visible outside the country. By making this data accessible to European lenders, we support more accurate credit assessment for Brazilian citizens abroad and enable better-informed lending decisions across borders.” 

Kaido Saar, Founder and CEO of Mifundo: 

“Banks are already serving international customers, but their credit data infrastructure remains largely domestic. This creates blind spots in underwriting. Access to verified Brazilian credit data allows banks to assess nationals from that country based on actual financial behaviour rather than assumptions driven by missing information.”