Open Finance Brasil is shaping a new era for financial markets – a landscape where the end customer experiences more competition, better pricing, and true portability of financial services. As one of the principal technology partners, Raidiam helps underpin the secure, scalable infrastructure at the heart of this ecosystem, working closely with Banco Central do Brasil and other key ecosystem partners.
As part of this movement, the rollout of credit portability stands out as a catalyst for increased transparency, faster access to better products, and a modern, competitive banking ecosystem. The Credit Portability API entered its production pilot phase in November 2025, with initial pilot testing now actively underway.
For decades, the process of refinancing or transferring a loan was cumbersome. Legacy systems and regulatory friction often locked borrowers into sub-optimal deals. Today, with Open Finance Brasil's Credit Portability API in pilot operation, participating institutions are demonstrating how digital processes streamline and secure credit portability. In these early implementations, paperwork is replaced by digital workflows, allowing loans to be transferred in as little as five days – dramatically reducing and streamlining the flow – and a benchmark for the nationwide rollout to come.
Competition isn’t just theoretical. Even in its pilot stage, credit portability’s new efficiency is already prompting lenders to fight more proactively for customer retention. As broader adoption unfolds, commercial and retail customers alike will benefit from lower interest rates, more flexible terms, and greater choice. These benefits are being validated in real time through pilot programs, setting benchmarks and expectations for sector-wide rollout in the near future.
At the core of Brazil’s credit portability pilot are shared APIs, governed digital consent, and rigorous security protocols determined by Open Finance Brasil’s technical and regulatory authorities. Here’s how this translates into real results:
Open Finance Brasil saw record-setting adoption in 2024, processing more than 102 billion API calls and registering nearly 62 million active data-sharing consents across 800+ participating institutions – underscoring the country’s readiness for interoperable digital finance and large-scale API innovation.
Building on this foundation, credit portability is being positioned as the ecosystem’s next major leap forward. With the first versions of business and technical specifications for personal credit portability finalized at the end of 2024, the production pilot launched in November 2025 with 26 leading financial institutions participating in closed-environment tests. These tests validate the full portability workflow, from secure data sharing to UI features allowing clear comparison of credit proposals. The pilot focuses initially on unsecured personal credit, with broader product coverage and consumer participation expected in 2026.
Initial results are expected by late November, and the broader market launch is scheduled for February 2026. The Open Finance Brazil association has positioned credit portability as the flagship deliverable for the 2025–2026 period, with a strong focus on driving competition, improving operational efficiency, and delivering tangible benefits – especially for borrowers most affected by high credit costs.
As the pilot progresses and broader rollout unlocks, Open Finance’s robust digital infrastructure is set to intensify competition, accelerate further product innovation, and create a fairer, more efficient credit landscape nationwide.
As pilot findings translate into operational rollout, expected sector benefits include:
As these pilots progress and broader deployment takes hold, Open Finance Brasil is positioned to deliver measurable gains in competition, transparency, and financial inclusion through credit portability – building on the robust, data-rich ecosystem already in place.
As Brazil’s Open Finance ecosystem and pilot programs scale, trusted orchestration becomes even more critical. Raidiam provides the conformance frameworks, certification, and trust platforms underpinning credit portability pilots and future national rollouts. Our technology ensures all participants can interact safely, efficiently, and in full regulatory compliance, unlocking the potential of Open Finance for every segment of the market.
Credit portability is more than a compliance upgrade or incremental feature – it is the start of broad digital transformation in Brazil’s credit sector. The pilot phase is proving the model's value, building toward future expansion to additional credit products and institutions. With momentum building (over 60 million new API consents recorded just last year), Open Finance will create even more opportunities for innovation, inclusion, and growth in the years ahead.
Ready for a deeper dive? Read Christian Eloysio’s blog on the Raidiam Developers Portal to learn more about Open Finance Brasil’s Credit Portability API, or get in touch with our team today to find out more.