---
title: "According to reports, TikTok has applied for lending and payment financial licenses in Brazil"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281298057.md"
description: "ByteDance's TikTok has applied for two financial licenses from the Central Bank of Brazil, planning to operate as a lending and payment fintech company. The applications include becoming an electronic money issuing institution to provide prepaid accounts and in-app payment services, as well as becoming a direct lending company that uses its own funds to lend or connect borrowers with lenders. If approved, TikTok will be able to offer basic financial services to the Brazilian public, similar to the operational model of Nubank"
datetime: "2026-04-01T03:51:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281298057.md)
  - [en](https://longbridge.com/en/news/281298057.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281298057.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281298057.md) | [繁體中文](https://longbridge.com/zh-HK/news/281298057.md)


# According to reports, TikTok has applied for lending and payment financial licenses in Brazil

According to a report by Reuters, TikTok, a short video platform under ByteDance, has applied to the Central Bank of Brazil for permission to operate as a loan and payment fintech company.

The report indicates that TikTok has applied for two licenses from local regulatory authorities. One license would allow it to operate as an "electronic money issuing institution," providing prepaid accounts for users to store or receive funds, as well as facilitating payments within its application. The second license would enable it to become a "direct lending company," allowing it to lend its own funds or serve as a platform connecting borrowers and lenders.

The report states that if the application is approved, TikTok will be able to provide basic financial services to the Brazilian public, with an operating model similar to that of Nubank, the country's largest digital bank

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