Banco Inter

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

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

• Digital banking
• Retail banking services
• Consumer lending
• Cross-border payments
• Investment platform

Headquarters

HQ city

Belo Horizonte

HQ country

Brazil

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Net Revenue: Over $1.8 billion in annual net revenue reported, serving over 44 million customers worldwide
2. BNPL and Credit Services: Buy Now Pay Later offerings as third-party BNPL provider among Brazilian fintechs, competing with Nubank's NuPay
3. 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

Core 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

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered minor, flagship and core.

• OneBullExminorGTM or Marketing Partner · 20 May 2026OneBullEx 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.
• ChainlinkflagshipTechnology or Integration · 4 November 2025Banco 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)flagshipStrategic or Co-development Partner · 4 November 2025Central 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)flagshipStrategic or Co-development Partner · 4 November 2025HKMA 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 CharteredcoreStrategic or Co-development Partner · 4 November 2025Standard 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.coreStrategic or Co-development Partner · 13 January 2022Banco 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.
• USENDcoreStrategic or Co-development Partner · 27 August 2021Banco 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.
• SalesforcecoreTechnology or Integration · 1 January 2021Banco 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

Broad 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

• Xx.com/bancointer
• YouTubeyoutube.com/@interbr
• Facebookfacebook.com/bancointer
• LinkedInlinkedin.com/company/banco-inter
• Instagraminstagram.com/Interbr
• TikToktiktok.com/@interbr

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banco Inter