Banco Inter
- Company typePublic
- Founded2018
- HeadquartersBelo Horizonte, Brazil
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
Banco Inter firmographics
Firmographics- Name
- Banco Inter
- Legal name
- Banco Inter S.A.
- Website
- https://bancointer.com.br
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Banco Inter industry classification
Industry- Product category
- Retail Banking
- NAICS
- Commercial Banking (52211), Depository Credit Intermediation (5221), Credit Intermediation and Related Activities (522)
- SIC
- National Commercial Banks (6021), International Affairs (9721)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Banco Inter is headquartered
LocationHeadquarters
- HQ city
- Belo Horizonte
- HQ country
- Brazil
- HQ region
- Latin America
Offices2 records
Markets served
Banco Inter business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Net Revenue: Over $1.8 billion in annual net revenue reported, serving over 44 million customers worldwide
- BNPL and Credit Services: Buy Now Pay Later offerings as third-party BNPL provider among Brazilian fintechs, competing with Nubank's NuPay
- BNPL and Credit Products: BNPL products embedded into banking ecosystem as market grows from $4.64B (2025) to projected $11.75B (2031)
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Banco Inter product offering
Product offeringCore offering
Banco Inter is a digital-first Brazilian bank offering a free digital checking account as the entry point to an integrated ecosystem of financial products delivered entirely through its mobile app. The suite spans personal and business loans, residential mortgage financing, a digital investment platform (stocks, funds, fixed income), digital insurance, foreign exchange, consortium/group savings, and Buy Now Pay Later installment credit. The bank extends its offering internationally through a regulated U.S. banking branch in Miami, cross-border remittance services via USEND and Pronto Money Transfer, and a blockchain-based cross-chain trade settlement platform piloted with Brazil's Central Bank and the Hong Kong Monetary Authority.
Product overview
Banco Inter operates as a Brazilian digital banking platform offering a unified ecosystem of financial products organized around a core digital account. The product portfolio centers on the Conta Digital (Digital Account) as the foundational platform, supplemented by complementary modules including Empréstimos (Loans), Financiamento Imobiliário (Home Financing), Investimentos (Investments), Seguro (Insurance), Câmbio (Foreign Exchange), and Consórcio (Group Savings). The bank also embeds BNPL (Buy Now, Pay Later) installment credit and a loyalty rewards program within its banking relationship. Banco Inter's technology differentiation is anchored by its 'Seven' conversational AI platform operating 400+ AI agents for credit, fraud prevention, and customer service. The company has pursued international expansion through acquisitions including USEND (U.S. cross-border financial services) and Pronto Money Transfer, and opened a Miami-based U.S. banking branch. The bank also participates in blockchain-based trade finance pilots connecting Brazil's Drex CBDC with international blockchain networks.
Differentiator
Problem solved
Functional benefit
Products and services
- Conta Digital (Digital Account) A full-service digital checking account enabling customers to manage finances, make Pix payments and transfers, and conduct day-to-day banking activities entirely through the mobile app and online platform. Targeted at Brazilian retail consumers seeking a free, branchless banking relationship.
- Empréstimos (Loans) Personal and business lending products including credit lines and loan facilities originated through the digital platform for both individual and corporate customers.
- Financiamento Imobiliário (Home Financing) Residential mortgage and home financing products that let customers finance property purchases through the digital platform with streamlined application and approval processes.
- Investimentos (Investments) A comprehensive digital investment platform providing access to stocks, funds, fixed income, and other financial instruments for retail investors through an integrated in-app experience.
- Seguro (Insurance) Digital insurance products including personal, property, and financial protection plans, accessible through the bank's digital platform and integrated with the broader banking relationship.
- Câmbio (Foreign Exchange) Currency exchange services for international transactions, supporting cross-border financial needs for both retail and business customers through the digital platform.
- Consórcio (Consortium / Group Savings) Group savings and consortium plans enabling customers to pool resources for large purchases such as real estate, vehicles, or other major expenses, managed through the digital platform.
- BNPL (Buy Now, Pay Later) Buy Now Pay Later installment credit products embedded within Banco Inter's digital banking ecosystem, allowing customers to make purchases with deferred and installment payment options at partner merchants.
- Seven (Conversational AI Platform) Proprietary conversational AI financial assistant platform serving as the bank's primary AI-powered interface for customer interactions. Operates more than 400 AI agents across credit, fraud prevention, customer service, and back-office operations to reduce reliance on traditional app navigation.
- USEND (Cross-Border Financial Services) U.S.-based cross-border financial services offering serving approximately 150,000 customers, mostly Brazilians residing in the United States. Provides digital remittance and U.S.-side financial services under Banco Inter.
- Pronto Money Transfer International remittance and cross-border money transfer service acquired by Banco Inter, expanding its digital banking and cross-border financial product offerings for customers.
- U.S. Banking Branch (Miami) Regulated U.S. international banking branch in Miami, Florida, operating as a digital-first banking hub offering credit and cross-border banking products to both U.S. and non-U.S. residents.
- Programa de Fidelidade Inter (Inter Loyalty Program) Loyalty and rewards program embedded within Banco Inter's digital banking relationship, providing points and benefits tied to customer engagement across banking, payments, and merchant partners.
- Cross-Chain Trade Settlement Platform (Drex–Ensemble) Blockchain-based cross-border trade settlement platform that connects Brazil's Drex CBDC network with Hong Kong's Ensemble network, enabling programmable Delivery-versus-Payment and Payment-versus-Payment transactions using digital currencies or tokenized reserves. Targets SMBs engaged in Brazil–Asia trade.
Quantifiable outcome
- Serving over 44 million customers worldwide with over $1.8 billion in annual net revenue
- +2 more outcomes
Companies that use Banco Inter
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Banco Inter technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability7 records
Feature3 records
Banco Inter partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor, flagship and core.
- OneBullExminorOneBullEx participated in Web3 career event at University of São Paulo alongside Banco Inter, discussing Web3 career paths and emerging skill requirements in Brazil's blockchain talent ecosystem.
- ChainlinkflagshipBanco Inter partnered with Chainlink to pioneer the first cross-chain trade settlement between Brazil's BCB Drex CBDC network and Hong Kong's HKMA Ensemble network. The pilot demonstrated programmable Delivery-versus-Payment and cross-border Payment-versus-Payment transactions using Chainlink's interoperability protocols.
- Brazil's Central Bank (BCB)flagshipCentral Bank of Brazil collaborated with Banco Inter on the first blockchain-based international trade finance experiment connecting Brazil's Drex CBDC network with Hong Kong's Ensemble network, enabling programmable trade settlements.
- Hong Kong Monetary Authority (HKMA)flagshipHKMA partnered with Banco Inter alongside BCB to pilot cross-border CBDC trade finance platform connecting Hong Kong's Ensemble blockchain network with Brazil's Drex network.
- Standard CharteredcoreStandard Chartered supported the cross-border CBDC trade finance pilot with Banco Inter, participating in the blockchain-based settlement connecting Brazilian and Hong Kong financial infrastructure.
- Pronto Money Transfer, Inc.coreBanco Inter S.A. completed the acquisition of Pronto Money Transfer, Inc. for BRL 760 million, expanding its digital banking services and financial product offerings in cross-border money transfer services.
- USENDcoreBanco Inter SA acquired USEND, a FinTech startup focused on cross-border financial services, as part of its expansion strategy beyond South America. USEND offers digital financial services to 150,000 customers, mostly Brazilians in the U.S. This was Banco Inter's largest acquisition since 2018.
- SalesforcecoreBanco Inter selected Salesforce Sales Cloud for sales automation, CRM, and sales engagement as part of its digital transformation initiative to modernize CRM operations and improve scalability, visibility, and control. Implementation expected to go live in 2022.
Scale indicators7 records
Recent moves7 records
Expansion highlights6 records
Banco Inter competitors and assessment
Company assessmentBroad incumbents
- Bradesco: Bradesco is a major Brazilian incumbent bank with a significant digital channel and a large retail customer base. It is comparable to Banco Inter as a broad incumbent in retail and SMB banking services.
- Banco do Brasil: Banco do Brasil is the largest Brazilian state-owned bank and a broad competitor across retail deposits, credit, and government-driven financial services. Its scale and digital modernization efforts make it a relevant incumbent benchmark.
- Itaú Unibanco: Itaú is Brazil's largest private-sector bank with an extensive digital channel (Itaú Personnalité, Itaú app). It is a broad incumbent competitor to Banco Inter across retail deposits, credit, and payments.
- BTG Pactual: BTG Pactual is a large Brazilian investment bank with a growing digital retail platform (BTG Pactual Digital). It competes with Banco Inter in retail deposits, investments, and digital distribution.
- StoneCo: StoneCo is a Brazilian payments and digital banking platform that holds a ~5% strategic stake in Banco Inter and partners on merchant digitization and cross-platform services. It is comparable both as a fintech peer and as a strategic investor with overlapping SMB focus.
- XP Inc. XP is a major Brazilian digital investment platform that has expanded into deposits, cards, and credit—directly competing with Banco Inter's investment and broader financial product offerings.
Direct peers
- PagBank / PagSeguro: PagBank (PagSeguro's banking arm) is a Brazilian digital bank and merchant acquirer offering deposits, cards, and credit to consumers and SMBs. It competes with Banco Inter for both retail banking customers and merchant/SMB accounts.
- Nubank: Nubank is the leading Brazilian digital bank and the primary direct competitor to Banco Inter, listed on NYSE under NU and offering a similar digital-first retail banking, credit, and BNPL product set. Both target mass-market Brazilian consumers through mobile-led distribution.
- C6 Bank: C6 Bank is a Brazilian digital bank explicitly named alongside Banco Inter in BNPL and loyalty market reports. It serves retail and SMB customers through a mobile platform with comparable deposits, cards, and credit products.
Emerging players
- Mercado Pago: Mercado Pago, the fintech arm of Mercado Livre, is identified as a key loyalty program competitor in Brazil and increasingly competes in credit, BNPL, and merchant payments—areas of overlap with Banco Inter's product set.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Banco Inter social profiles
Digital presenceBanco Inter financial estimates
Financial estimateRevenue estimate
Valuation estimate
Banco Inter leadership team
Management profileNumber of profiles
Profiles2 records
Banco Inter subsidiaries and ownership
Company hierarchySubsidiaries2 records
Banco Inter funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Banco Inter M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Banco Inter
What does Banco Inter do?
Banco Inter is a digital-first Brazilian bank offering a free digital checking account as the entry point to an integrated ecosystem of financial products delivered entirely through its mobile app. The suite spans personal and business loans, residential mortgage financing, a digital investment platform (stocks, funds, fixed income), digital insurance, foreign exchange, consortium/group savings, and Buy Now Pay Later installment credit. The bank extends its offering internationally through a regulated U.S. banking branch in Miami, cross-border remittance services via USEND and Pronto Money Transfer, and a blockchain-based cross-chain trade settlement platform piloted with Brazil's Central Bank and the Hong Kong Monetary Authority.
Is Banco Inter a public or private company?
Banco Inter is a public company. It is classified as public and is currently operating.
When was Banco Inter founded?
Banco Inter was founded in 2018. It employs 1,001 to 5,000 people.
Where is Banco Inter based?
Banco Inter is headquartered in Belo Horizonte, Brazil, in the Latin America region.
How does Banco Inter make money?
Three revenue lines are on record. Net Revenue is the primary driver. The others are BNPL and Credit Services and BNPL and Credit Products.
Who are Banco Inter's main competitors?
Broad incumbents on record are Bradesco, Banco do Brasil, Itaú Unibanco, BTG Pactual, StoneCo and XP Inc.. Direct peers are PagBank / PagSeguro, Nubank and C6 Bank. Mercado Pago is listed as an emerging player.
Does Banco Inter have an API?
No public API is recorded for Banco Inter.
What industry is Banco Inter in?
Banco Inter's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6021.