Brazil does something almost no country does: it publishes its entire company registry as free open data. The full CNPJ base, the tax-and-registry identifier for every Brazilian business, is downloadable from the federal revenue service as monthly data files covering companies, establishments and partners. If you want the whole national company file, you can simply download it.
The catch is what the CNPJ base does not contain and where the rest lives. The actual incorporation acts sit with 27 state commercial boards, each with its own paid, fragmented portal, and credit and payment behaviour is not in the open data at all. So the commercial market splits between the big credit bureaus and a wave of modern data-tech firms that build products on the free CNPJ foundation. This guide sorts them out.
It ranks {count} providers on merit. We sell Brazilian business data ourselves, so our pitch sits in a marked box rather than at number one.
In a hurry? The short answer
The default Brazilian credit check
Serasa Experian · The largest bureau, scores on businesses and people
A second credit opinion
Boa Vista or Quod · The Equifax-owned bureau, and the banks' own bureau
Big-data analytics and prospecting
Neoway · Market intelligence and KYC on public and alternative data
KYB and anti-fraud APIs
BigDataCorp · Datatech APIs built on the open CNPJ base
The whole registry, free
CNPJ open data · The full national company file from the revenue service
Brazil plus other markets in one format
CompanyData · That is us. One schema across 200+ markets
Jump to a provider
1. Serasa Experian: the dominant bureau
The largest Brazilian credit bureau by a distance, and the default for any credit decision.
Founded in 1968 and majority-owned by Experian since 2007, Serasa is the largest and oldest Brazilian credit bureau, calling itself the country's biggest datatech: credit scores and reports on businesses and individuals, positive and negative credit, fraud and analytics. It has been acquisitive, adding fintechs and, recently, the fraud-prevention firm ClearSale. For a Brazilian credit decision, it is the reference.
São Paulo, Brazil · Quote only · Built on: CNPJ open data, Payment data, Own analysis
✓ Why it stands out
- The dominant Brazilian credit file
- Positive and negative credit data
- Backed by Experian's global scale
⚠ Watch out for
- No public pricing
- Foreign-owned
- Incumbent scale over flexibility
2. CompanyData
Full disclosure: where CompanyData fits in Brazil
We publish this guide and we sell Brazilian business data, so here is our pitch in the open rather than dressed up as an objective first place. Our Brazilian file is registry-sourced and built for volume work: enrichment, segmentation and cross-border lists, in the same schema we use for 200+ other markets.
Brazil is one of our strongest files for reach: nearly 28 million businesses, and a phone or mobile number for 86% of them, our best contactability anywhere. Where we are honest about being weaker: Brazilian credit scoring and positive-credit data, which is Serasa's, Boa Vista's and Quod's territory. Since the CNPJ base is free, nobody has a moat on the raw registry, including us, so we compete on reach, contactability and one consistent format. For a credit decision go to the bureaus; for outreach at scale, come to us.
27.8M
Brazilian businesses
23.9M
phone or mobile
🏆 86% of the file, our best contactability anywhere
19.5M
with a contact named
1.9M
with group relations
1.8M
with a website
400K
email addresses
Since the CNPJ base is free, we compete on reach and contactability, not on reselling the registry. We also carry ownership structure links that map Brazilian parents to subsidiaries across borders.
See our Brazilian business data3. Boa Vista: the number two, now Equifax
The second bureau, built on the SCPC network and now owned by Equifax.
Boa Vista runs the SCPC credit-protection database and is Brazil's second-largest bureau, acquired by Equifax in a deal completed in August 2023. It offers credit scores and reports on businesses and individuals, giving the market a genuine alternative to Serasa now backed by a global group. For a second credit opinion on a Brazilian counterparty, it is the natural pairing with Serasa.
São Paulo, Brazil · Quote only · Built on: CNPJ open data, SCPC data, Payment data
✓ Why it stands out
- The established number-two bureau
- SCPC credit-protection data
- Now backed by Equifax
⚠ Watch out for
- No public pricing
- Foreign-owned since 2023
- Smaller reach than Serasa
4. Quod: the banks' bureau
The bureau the big Brazilian banks built themselves, focused on positive credit.
Created by Brazil's five largest banks and operational from the end of 2018, Quod is a bureau focused on positive credit scoring, the shared credit history that Brazil's positive-registry rules encourage. Being bank-owned gives it a distinctive data foundation. It is a newer entrant than Serasa or Boa Vista, but its ownership and positive-credit focus make it a serious third source for Brazilian credit risk.
Brazil · Quote only · Built on: CNPJ open data, Bank data, Positive credit data
✓ Why it stands out
- Backed by the five largest banks
- Strong on positive credit data
- A genuinely independent third source
⚠ Watch out for
- Newer and smaller than the incumbents
- No public pricing
- Credit-first, not a general company file
5. Neoway: the analytics platform
Big-data market intelligence and KYC, now inside the Brazilian stock exchange.
Founded in 2002, Neoway is a big-data analytics and market-intelligence platform for B2B prospecting, KYC and compliance, built on public and alternative data. It was acquired by B3, the Brazilian stock exchange, in 2022, its largest acquisition at the time, and B3 has since moved to fold it fully into the group. For market intelligence and prospecting on Brazilian businesses at scale, it is a leading local platform.
Florianópolis, Brazil · Subscription, quoted · Built on: CNPJ open data, Alternative data, Public sources
✓ Why it stands out
- Big-data market intelligence and prospecting
- KYC and compliance tools
- Backed by the Brazilian stock exchange
⚠ Watch out for
- Not a credit bureau
- Pricing not public
- Being absorbed into its parent
6. BigDataCorp: the datatech API
The API-first datatech building KYB and anti-fraud products on the open CNPJ base.
Founded in 2013 and describing itself as the largest datatech in Latin America, BigDataCorp captures, structures and distributes data products, cadastral enrichment, KYC and KYB, and anti-fraud APIs, built on Brazil's open public data. It remains independent and has been adding generative-AI decisioning. For a developer building verification or enrichment into a product on the free CNPJ foundation, it is a natural API-first choice.
Rio de Janeiro, Brazil · API, quoted · Built on: CNPJ open data, Public sources
✓ Why it stands out
- API-first KYB and anti-fraud
- Built on the open CNPJ base
- Independent Latin American datatech
⚠ Watch out for
- A data-and-API layer, not a credit bureau
- Pricing not public
- Brazil-focused
7. Econodata: the prospecting tool
A focused B2B prospecting platform on the open CNPJ base, for sales rather than risk.
Founded in 2013, Econodata is a B2B sales-intelligence platform covering around twenty million Brazilian businesses for prospecting, built directly on the open CNPJ base. It is company-level rather than deep contact enrichment, and it is a sales tool, not a credit or registry source. For building Brazilian prospect lists cheaply on the free national data, it is a practical, focused option.
Porto Alegre, Brazil · Subscription · Built on: CNPJ open data, Public sources
✓ Why it stands out
- Prospecting on twenty million businesses
- Built on the free CNPJ data
- Straightforward sales-list tool
⚠ Watch out for
- Prospecting only, no credit
- Company-level, light on contacts
- Brazil-focused
Want to weigh all the options yourself?
Our interactive tool ranks 92 B2B data providers worldwide. Filter by region, data type, budget and use case to build your own shortlist in seconds.
How Brazil opened its registry
Brazil made its whole company file free, and the credit market consolidated around global groups:
Ongoing · The CNPJ base as open data
The federal revenue service publishes the entire national company file as free monthly open-data downloads, a foundation the whole market builds on.
2018 · The banks launch Quod
Brazil's five largest banks create their own credit bureau, Quod, focused on the positive-credit data the new rules encourage.
2022 · B3 buys Neoway
The Brazilian stock exchange acquires the big-data platform Neoway, its largest acquisition at the time.
Aug 2023 · Equifax buys Boa Vista
Equifax completes its acquisition of Boa Vista, moving Brazil's second-largest bureau into foreign ownership.
So who is still actually Brazilian?
The datatech firms stayed Brazilian, while the two biggest bureaus are foreign-owned:
Brazilian-owned
- Quod (the five big banks)
- Neoway (B3, the stock exchange)
- BigDataCorp
- Econodata
Brazilian brand, foreign owner
- Serasa Experian (Experian, since 2007)
- Boa Vista (Equifax, US, since 2023)
A free registry, and where the rest hides
Brazil's openness is real and unusual. The federal revenue service publishes the complete CNPJ base, the tax-and-registry file for every Brazilian business, as free open data in monthly downloads covering companies, establishments and partners. For the whole national company file, you download it rather than buy it, which is why so many Brazilian datatech firms can build products on the same foundation.
What the open base leaves out is where the paid market lives. The actual incorporation acts sit with the 27 state commercial boards, each with its own paid, fragmented portal, and credit scores and payment behaviour are not in the open data at all. So the bureaus sell risk, and the datatech firms sell structure, enrichment and analytics on top of the free file. Check the open source here:
- CNPJ open data : The full national company file from the federal revenue service, free monthly downloads.
- Juntas Comerciais : The 27 state commercial boards holding the paid, fragmented incorporation acts.
- RUG and public sources : Additional public sources, such as movable-property lien registers, that providers layer on top.
Four questions before you sign anything
1. Do you need more than the free CNPJ base? The whole registry is free to download. If you need registration facts and firmographics, start there. The defensible purchases are credit scores, positive-credit data, monitoring and enrichment the open base does not contain.
2. Credit, analytics, or a prospect list? For credit, Serasa, Boa Vista or Quod. For market intelligence and KYC at scale, Neoway or BigDataCorp. For a cheap prospect list on the open data, Econodata. Match the tool to the job.
3. Do you need the incorporation acts? The CNPJ base does not include the actual corporate acts, which sit with the state commercial boards and are paid and fragmented. If you need certified filings, budget for the relevant state portal or a provider that reaches it.
4. Do you want a genuine second opinion? Serasa dominates, so pairing it with Boa Vista or the bank-owned Quod gives you an independent read rather than one source twice.
Frequently asked questions
Keep exploring
More provider guides
Brazilian business data on CompanyData