inDrive, a global mobility and urban services platform, has launched a new initiative to boost financial inclusion for drivers by offering quick and convenient access to cash loans within its app.
To roll out inDrive.Money in Brazil, the company has teamed up with EmpreX, a Latin American fintech specialising in financing for small businesses and service providers, to unlock loans of up to R$3,000 ($548) for drivers in Brazil.
Through the partnership, inDrive.Money will enable drivers to apply for loans and repay them directly via the inDrive app, which is the second-most downloaded ride-hailing app globally.
Approved borrowers can obtain credit with an average term of five months until the first payment. Approximately 10 to 14 per cent of the value of each ride is automatically allocated towards loan repayment, allowing for a smooth process without fixed daily commitments. Drivers can also make payments directly to EmpreX if they wish, giving them the freedom to manage their cash flow across multiple platforms.
Alexander Kurchin, head of growth at inDrive.Money, commented: “Brazil is one of our most important markets globally, with hundreds of thousands of driver partners who depend on the platform for income. By launching inDrive.Money here, backed by our experience in Mexico, Colombia, and Peru, we are offering a proven financial tool that strengthens their economic independence and supports their daily livelihoods.”
EmpreX manages the entire assessment process — from analysis to financing, including scoring, terms, and loans — with regulatory compliance supported by its partnership with BMP SCD, a licensed Brazilian financial institution. After the application, and based on the driver’s information and earnings history, EmpreX conducts a full assessment to verify that the candidate meets the required criteria.
Initial operations show that drivers who accessed financing have become more engaged. Satisfaction is high, with 86 per cent saying they would take out another loan if needed and are willing to recommend this solution.
Boosting financial inclusion
Globally, drivers and gig workers often face challenges accessing fair financial services. In Brazil, despite the country’s leadership in fintech innovation, many remain underserved by traditional banks that require extensive credit history, while informal loans often have punitive interest rates.
To address this gap, inDrive and EmpreX are launching a transparent and integrated lending solution, ensuring partners have access to financing when they need it most, whether for vehicle repairs, fuel, or unexpected expenses.
“The initiative’s arrival in Brazil, a digitally advanced market, reinforces our purpose of fighting injustices and expanding the freedom of choice for partner drivers, offering a more financially advantageous alternative,” explained Stefano Mazzaferro, country manager of inDrive in Brazil. “Unlike credit card-based solutions, such as those offered in the market, our model operates with low-interest loans, representing an important differentiator in the country’s current mobility landscape.”
inDrive plans to expand the product to all cities where the platform operates in Brazil. Currently, it is available in approximately 90 locations, including larger cities such as Manaus, Fortaleza, Salvador, Belo Horizonte, and Florianópolis, as well as mid-sized ones like Campinas and Marabá.
Silvan Roth, CEO of EmpreX, also added: “Brazil’s service providers power the country every day, but many are forced to resort to loans with exorbitant terms. By integrating EmpreX credit directly into the inDrive app, we’re transforming complex workflows into just a few taps, putting real working capital in the pockets of inDrive’s partner drivers and delivery people exactly when they need it. The integrated loan gives them freedom, flexibility, and the ability to stay on the road without interruption.”
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