AGI Inc

Agi is a Brazilian financial institution that began in 1999 as Agiplan, founded by Marciano Testa. Initially, Agiplan distributed financial products for large Brazilian institutions, focusing on acquiring and serving customers in the low-income segment. From 2004 to 2011, the company introduced social security benefits loans in Brazil, developing expertise in this product and learning to originate credit at scale, specifically addressing the needs of elderly and retiree communities. Between 2012 and 2019, the company evolved into Agibank. It received a license to operate as a financial institution in 2012 and acquired Banco Gerador, a fully licensed bank, in 2016. In 2018, it rebranded as Agibank, expanding its offerings to include a full bank product suite, such as digital accounts and insurance products, and developing a "Hyper-Local Smart Hub Network." During this period, Agi focused on underwriting credit for the low-income segment. From 2020 to the present, the company has experienced significant growth. In 2020, it received a R$420 million investment from Vinci Partners. In 2021, it rebranded to Agi to simplify its market messaging. In 2024, Agi entered the public sector payroll loan market and received a R$400 million investment from Lumina Capital Management. In 2025, it entered the private sector payroll loan market, investing heavily in its technology and data capabilities.