MT Bank
MT Pagamentos (MT Bank Brasil) is a Banco Central do Brasil-regulated payment institution that provides PIX-based payment infrastructure, fee-free business digital accounts, digital wallets, and white-label banking APIs to Brazilian small and medium-sized entrepreneurs. Founded in 2024 by the former operators of Granito Pagamentos, the company operates exclusively in Brazil and monetizes via transaction fees and white-label licensing.
- Company typePrivate
- Founded2024
- HeadquartersBarueri, Brazil
- Headcount11–50
- GTM typeB2B
- OfferingServices
What MT Bank does
MT Pagamentos, operating commercially as MT Bank Brasil and legally as MT Instituição de Pagamentos S.A., is a Brazilian payment institution regulated by the Banco Central do Brasil and headquartered in Barueri, São Paulo. It was founded in 2024 by Roberto dos Santos Masotti (former COO of Granito Pagamentos) and Rodrigo Luiz Machado Teixeira (former CEO and principal founder of Granito Pagamentos), both of whom built Granito to over R$2 billion in monthly processing volume and 30 million transactions before its 2023 acquisition by Inter and BMG. The company targets small and medium-sized Brazilian entrepreneurs with simplified, cost-effective digital financial solutions, and operates exclusively in the domestic Brazilian market with no disclosed international expansion.
The core product suite centers on BIGPix, a high-capacity PIX transfer infrastructure with four variants: BIGPix Dinâmico (dynamic, high-volume transactions), BIGPix Split (installment PIX), BIGPix Automático (recurring PIX for subscriptions, planned per the Bacen calendar), and BIGPix Estático (fixed identification keys for terminal-based payments). Complementing BIGPix are Conta Digital PJ, a fee-free business digital account with up to 100 free monthly PIX transfers; Carteira Digital MT, a consolidated digital wallet for credit/debit cards and PIX keys; and Conta Digital PJ White Label, a B2B platform that lets partner companies deploy their own branded digital accounts with Pix Cash-in/Cash-out, Open Banking, and payment APIs. Adjacent add-ons include Contabilidade Digital Simplificada (digital accounting via PONTO PDV) and Energia (clean-energy procurement via renewable generators).
MT operates a multi-revenue-stream business model: transaction fees on PIX processing and payment services, subscription-style fees on premium digital account features, and licensing/royalty income from white-label deployments. Pricing at the SMB tier is freemium with no account maintenance fees and no opening fees; enterprise white-label pricing is custom. Distribution is direct-digital via the company website and a self-serve client portal (portal.mtpagamentos.com.br), with no mobile app currently released. As of March 2025 the company has raised $828,000 in seed funding from Hiker Ventures and discloses no revenue, ARR, or active customer figures.
MT Bank firmographics
Firmographics- Name
- MT Bank
- Legal name
- MT INSTITUIÇÃO DE PAGAMENTOS S.A.
- Website
- https://mtbank.com.br
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MT Pagamentos (MT Bank Brasil) is a Banco Central do Brasil-regulated payment institution that provides PIX-based payment infrastructure, fee-free business digital accounts, digital wallets, and white-label banking APIs to Brazilian small and medium-sized entrepreneurs. Founded in 2024 by the former operators of Granito Pagamentos, the company operates exclusively in Brazil and monetizes via transaction fees and white-label licensing.
- Ownership category
- akta.pro rank
MT Bank industry classification
Industry- Product category
- Digital Payments and Business Banking
- SIC
- Finance Services (6199), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails) (FSAGABAJ)
- akta.pro secondary industry
- Customer Experience & Engagement (CRM, Support, Rewards, Loyalty) (FSAGAAAM)
Keywords
Where MT Bank is headquartered
LocationHeadquarters
- HQ city
- Barueri
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
MT Bank business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Payment Processing Services: Transaction-based revenue from PIX transfers and payment processing services including BIGPix high-capacity transfers.
- Digital Account Services: Revenue from digital business account services, potentially including premium features and transaction limits.
- White Label Solutions: Revenue from providing white-label digital banking infrastructure to other companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free digital business account with basic features |
Distribution channels1 record
Marketing channels2 records
MT Bank product offering
Product offeringCore offering
MT Bank is a Banco Central-regulated payment institution that provides Brazilian small and medium-sized enterprises with digital business banking and PIX payment infrastructure. Its core products are the BIGPix high-capacity PIX transfer platform, the Conta Digital PJ business account (no opening or maintenance fees, with up to 100 free monthly PIX transfers), a white-label digital account infrastructure, and a digital wallet for consolidating cards and PIX keys.
Product overview
MT Pagamentos is a Brazilian payment solutions company (MT Instituição de Pagamentos S.A.) offering a comprehensive suite of financial technology products. The portfolio centers on BIGPix, a high-capacity PIX payment infrastructure with multiple variants (Dinâmico, Split, Automático, Estático) for different transaction scenarios. Complementing BIGPix are the Conta Digital PJ business account (free to open and maintain with PIX transfers included), Carteira Digital wallet for consolidated payment management, and white-label digital account solutions for companies seeking to build their own branded financial operations. Additional offerings include digital accounting integration via PONTO PDV partnership and renewable energy services. The company operates under regulation from Brazil's Central Bank (Banco Central do Brasil) and was founded in 2024.
Differentiator
Problem solved
Functional benefit
Brands
- BIGPix: High-capacity PIX transfer solution allowing immediate online value transfers with real-time transaction status notifications. Includes variants: BigPix Dinâmico (dynamic QR codes for high-volume transactions), BigPix Split (split payments for installments), BigPix Automático (recurring payment solution for subscriptions), and BigPix Estático (fixed identification keys for terminal management).
- Conta Digital PJ
- Conta Digital PJ White Label
- Carteira Digital MT
Products and services
- BIGPix High-capacity PIX transfer solution enabling instant online transfers with real-time transaction status tracking, including variants for dynamic payments, split payments, recurring subscriptions, and static key-based terminal management.
- Conta Digital PJ Digital business account with no opening or maintenance fees, including free PIX transfers up to 100 transactions per month, designed for entrepreneurs and small businesses seeking simplified banking.
- Conta Digital PJ White Label Scalable white-label solution enabling companies to create their own branded digital financial operations with Pix Cash-in/Cash-out, Open Banking, payments, and regulatory-compliance APIs.
- Carteira Digital MT Digital wallet that stores credit and debit cards together with PIX keys, enabling flexible payments with a few clicks and full security.
Companies that use MT Bank
Customer profileSegments2 records
Ideal customer profiles2 records
MT Bank technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
MT Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Energy GeneratorsminorPartnership with renewable energy generators (solar, biogas, biomass, hydroelectric, wind) to provide discounted energy services to business clients.
Scale indicators2 records
Recent moves6 records
Expansion highlights6 records
MT Bank competitors and assessment
Company assessmentBroad incumbents
- Stone Co. Stone is a major Brazilian payments and banking platform serving SMBs with acquiring, accounts, and PIX. It overlaps with MT Bank's SMB digital account and payment-rail focus but operates at vastly greater scale and as an incumbent acquirer.
- PagSeguro: PagSeguro (PagBank) is a publicly listed Brazilian payments and digital-account platform with broad SMB reach. Comparable to MT Bank on digital account + PIX + payment-processing bundle, but at national scale.
- Inter & Co. Inter is a Brazilian super-app neobank offering free accounts, PIX, cards, and commerce. Notably, Inter acquired Granito Pagamentos (MT Bank founders' prior company), making it both a competitor and a historical acquirer of similar DNA.
- C6 Bank: C6 Bank is a Brazilian digital bank offering free PJ accounts, PIX, and a broad product suite. Directly comparable to MT Bank's Conta Digital PJ positioning but with much larger customer base and capital backing.
- Nubank: Nubank is the dominant Brazilian neobank, with a free digital account, PIX, cards, and a PJ offering. Comparable to MT Bank on the freemium SMB account value proposition, though Nubank's scale and brand are several orders of magnitude larger.
Direct peers
- EBANX: EBANX is a Brazilian-founded cross-border and domestic payments processor offering PIX and local-rail APIs. Comparable to MT Bank as a payments-infrastructure provider serving merchants and platforms.
- Celcoin: Celcoin is a Brazilian payment institution offering PIX APIs, banking-as-a-service, and white-label solutions for businesses. Closely comparable to MT Bank on the regulated payment-institution + white-label B2B model.
- Zoop: Zoop is a Brazilian payment-orchestration and fintech-infrastructure platform providing APIs, PIX, and embedded banking. Directly comparable to MT Bank's Conta Digital PJ White Label and BIGPix infrastructure plays.
- Dock: Dock is a Brazilian payments-infrastructure and BaaS provider offering issuing, processing, and account APIs. Comparable to MT Bank on the white-label infrastructure / API-driven payment-services positioning.
- Pomelo: Pomelo is a Latin American cloud-based banking infrastructure and card-issuing platform operating in Brazil. Comparable to MT Bank as a regulated fintech-infrastructure / white-label account-and-payment provider.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
MT Bank social profiles
Digital presenceMT Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
MT Bank leadership team
Management profileNumber of profiles
Profiles2 records
MT Bank funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MT Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MT Bank
What does MT Bank do?
MT Bank is a Banco Central-regulated payment institution that provides Brazilian small and medium-sized enterprises with digital business banking and PIX payment infrastructure. Its core products are the BIGPix high-capacity PIX transfer platform, the Conta Digital PJ business account (no opening or maintenance fees, with up to 100 free monthly PIX transfers), a white-label digital account infrastructure, and a digital wallet for consolidating cards and PIX keys.
Is MT Bank a public or private company?
MT Bank is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MT Bank founded?
MT Bank was founded in 2024. It employs 11 to 50 people.
Where is MT Bank based?
MT Bank is headquartered in Barueri, Brazil, in the Latin America region.
How does MT Bank make money?
Three revenue lines are on record. Payment Processing Services are the primary driver. The others are digital Account Services and white Label Solutions.
Who are MT Bank's main competitors?
Broad incumbents on record are Stone Co., PagSeguro, Inter & Co., C6 Bank and Nubank. Direct peers are EBANX, Celcoin, Zoop, Dock and Pomelo.
Does MT Bank have an API?
No public API is recorded for MT Bank.
What industry is MT Bank in?
MT Bank's product category is Digital Payments and Business Banking. Its primary akta.pro industry code is FSAGABAJ, Alternative Payment Methods (APM) Enablement (Wallets, A2A, Local Rails), with a secondary code of FSAGAAAM, Customer Experience & Engagement (CRM, Support, Rewards, Loyalty). Its SIC code is 6199.