Consórcio Magalu
Financial ServicesSão Paulo, Brazil501-1000 Employees
Consórcio Magalu operates in the financial services sector in Brazil, offering consórcio plans that enable the acquisition of assets through a managed, shared-funding process. The company is part of the Magazine Luiza group and is based in São Paulo, with roots in Franca, where it was founded in 1992. Its network includes a broad retail footprint, with more than 1,400 stores and over 800 authorized commercial representations supporting its consórcio operations. The firm’s plans cover segments such as cars, motorcycles, trucks, real estate, electronics, and services, reflecting a diversified approach to asset acquisition. It maintains regulatory credibility through affiliations with ABAC and SINAC, oversight by the Central Bank of Brazil, and a RA1000 designation on Reclame Aqui, while also being recognized as one of the best places to work in Brazil by GPTW for twelve consecutive years.
1-888-653-2347 
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