Pinbank, Transferência Segura and GrainChain launch app to facilitate used car sales in Brazil

According to the Senatran (National Traffic Secretariat) survey, Brazil has approximately 173 million vehicles, with more than 40 million of them having some type of restriction in the system. Another survey by Fenauto (Federation of Used Vehicle Dealers) indicates that nearly 16 million used vehicles were sold in 2024. Thinking about optimizing the digitization, security, and speed of this market, Transferência Segura, Pinbank, and GrainChain, developed in partnership with the applicationSecureTransfer.com”. 

The platform combines regulatory access, bank-level security through escrow deposit, secure orchestration, and a single-flow journey for businesses and citizens. It works as follows: after the buyer and seller define the terms of the transaction, the system, connected to Renainf (National Register of Traffic Infractions), identifies debts and restrictions to summarize the vehicle's status; next, the buyer deposits the purchase value into a regulated account, with automated legal-financial compensation; finally, the documentation is updated, funds are released, and both parties receive digital receipts.

For Pinbank CEO Felipe Negri, this structure can help reduce fraud, accelerate negotiations, and build trust in both private and dealership transactions. "The secondary vehicle market in Brazil is enormous, and currently, vehicle transfers can take weeks, along with risks like scams, cancellations, and disputes. The idea of..."SecureTransfer.com"It's about removing those obstacles by offering more security and transparency for buyers and sellers. The escrow deposit eliminates the need for the notorious 'deposit' and avoids delays and headaches before the purchase is finalized," he says. 

Leandro Zanardi, CTO of 'SecureTransfer.comThis reinforces that digital transformation is inevitable. “Buying a car doesn't have to be a leap of faith or a complex and risky move. Therefore, we've created an intuitive and secure platform that synchronizes payment completion with the legal transfer of ownership. All parties are informed in real-time about the status of the process," he explains.

Another differentiator is that the solution was designed with dispatchers in mind: each transaction is accompanied by a designated dispatcher linked individually to the operation, ensuring support and compliance throughout all stages. Furthermore, the platform is already integrated with over 240 vehicle inspection facilities nationwide.

The solution also provides a robust auditing layer, with each step verifiable and traceable, helping to detect irregularities early and enabling clear resolutions. "All phases are managed thoroughly, minimizing risks and enabling negotiations to be completed in just a few days," highlights Luis Macias, CEO of GrainChain.

The initial launch takes place in São Paulo and the Federal District, focusing on transfers between individuals. The roll-out to other states and for legal entities and retailers is already underway, with plans for accelerated expansion. The service will be available on a web portal and mobile app (iOS and Android), with tiered plans for high-volume partners. Marketplaces and dealerships can integrate the tool as a white-label or via API.