Omie sets up R$75M credit fund, launches corporate card for SMEs

What's the deal? Omie, a Brazilian provider of enterprise resource planning (ERP) software for small and medium-sized enterprises (SMEs), has structured a Credit Rights Investment Fund (FIDC) with an initial contribution of R$75 million. The company is also launching Omie Card, a corporate card built into its management system.

Why now? The moves mark what Omie calls a new phase of expansion into the financial market. It aims to grow the fund to R$200 million by 2027.

The product: Omie Card is a corporate card integrated directly into the company's ERP platform. Bundling the card with existing management software positions Omie to serve SME customers already using its tools.

What's the endgame? Omie will act as both sponsor and junior contributor to the fund, absorbing the first losses on the credit it extends. That structure ties the company's financial-services push to its core SME software base.

The signal: By pairing credit and a corporate card with its ERP, Omie is following the well-worn path of software firms moving into embedded finance to deepen customer relationships and open new revenue.

Read more: ground.news

Image credit: Generated with Gemini