Case Study: TAG enables faster SME financing in Brazil with MongoDB Atlas

TAG processes 20% of Brazil’s credit card receivables with MongoDB Atlas

TAG, a fintech subsidiary of StoneCo and one of four companies authorized by the Brazilian Central Bank, faced the challenge of building a highly available and secure cloud platform to process millions of credit card receivables for SMEs. Under a tight deadline and strict performance SLAs, they needed to create a registry that would provide transparency for creditors and allow small businesses to use future receivables as loan guarantees. TAG partnered with MongoDB to implement this critical solution using MongoDB Atlas.

By implementing MongoDB Atlas, TAG gained a scalable and optimized database platform with high performance, multi-cloud capabilities, and built-in diagnostic tools. The solution enabled them to launch on time and immediately process 20% of Brazil's credit card receivables, helping to democratize access to finance for millions of SMEs. MongoDB's support and the platform's features, like sharding for massive write throughput and ACID compliance for data integrity, were crucial to the project's success, ensuring the platform remains highly available and cost-effective.

TAG