Problem
The rental market operates on a triangulation between tenant, landlord and guarantees, with real estate at the center of the operation.
Saint 17,8 millions of rented homes in Brazil (IBGE, 2024). Guarantors do not disclose the reservations that support their coverage. The real estate agency must rely on ballast, and it only discovers if it exists when it needs to be activated.
Em 2025, to QuintoCred closed Your assetsAges, ofXando 45 A thousand uncovered contracts (InfoMoney, 2025). In addition, interviews with a real estate agencyS pointsIn time frames of 60–90 days to receive from the guarantors. During this period, the real estate agency may need to advance the rent to the landlord with its own cashier.
Solution
Mutav is a institutional guarantor for the rental market (art. 37, II, of the Tenant Act). We issue onerous security for real estate agents, with the same type of guarantee already used by the market.
The difference is in the ballast: the The reserves that support the guarantees remain in contracts on the blockchain and can be audited by the real estate agency, without relying on reports produced by Mutav itself.
The same infrastructure allows automate warranty execution, reducing the payment period and the impact on the real estate company's cash flow.
Transparency ceases to be a promise and becomes the product.
Business model
B2B2C. Mutav works in a relationship with the real estate agency, which originates the contracts and receives the monthly charge, and the cost of the guarantee belongs to the tenant, who contracts it together with the lease. The recipe is recurring, not unique. The rate ranges from 9% the 15% Of the monthly rent, defined by the quality of the tenant's score.
Market
In Brazil, they are 17,8 millions of rented homes in the country, 49% of the contracts already use paid guarantees (Forcecure, 2024). Mutav's addressable market is that share of paid guarantees, estimated at around US$10 billions a year.
Growth is structural, not cyclical: with high interest rates, real estate loans are more expensive and more families are turning to rent. amid 2016 and 2024, the rented homes grew 45,4% (IBGE, 2024).
Competitors
Grupo loft, Mellro, Aluga+, and insurance companies such as Tokyo and Porto Seguro.
Grupo loft declares itself +500 thousand contracts under management.
Competitive differentiation
Verifiable ballast.
Mutav places transparency at the center of the relationship between real estate, tenant and guarantee. The basis of the transaction can be verified on blockchain. Less trust in reputation and more trust in technology and data.
+30 years of experience in the rental real estate market.
Entry barrier
The distribution.
74 thousand real estate agencies in Brazil. Switching guarantors is a trust decision and doesn't happen quickly. The market is tired of promises that don't hold up.
Mutav enters this market with +30 years of relationship with real estate agencies in Southern Brazil.
Traction
19 partner real estate agencies with a signed letter of intent. More than 30 real estate agencies In conversation in Rio Grande do Sul and SC, with portfolios of 50 the 3.500 contracts.
Airborne platform, reserve contract running on Devnet, passage through the acceleration of the Stellar Development Foundation, receipt of non-diluting Stellar Grants. Recognized at The/Garage - Solana Superteam and Stellar Pulso Hackathon