What Transfero Group does

Transfero Group is a private financial infrastructure company founded in 2015 (originally as Bit.One) and headquartered in Rio de Janeiro, Brazil, with regional offices in Zug, Switzerland and Nassau, Bahamas. It operates a unified API platform called BaaSiC that connects Brazilian fiat payment rails — notably Pix and local banking accounts — with multi-network blockchain infrastructure (BTC, ETH, USDT, USDC, BNB, SOL, POL, EURC) and its own BRZ stablecoin, a BRL-pegged token launched in 2019 that anchors native Brazilian liquidity. Transfero is regulated across multiple jurisdictions: as a Payment Institution by the Central Bank of Brazil, as a VASP via Switzerland's VQF SRO, and as a VASP, exchange, and asset manager under the Bahamas DARE Act 2020. Its product portfolio spans banking infrastructure (BaaS), crypto infrastructure (CaaS), cross-border payments to 117+ markets, a Crypto Checkout payment gateway with VTEX integration, a consumer stablecoin account (iOS/Android/web), and a tokenization platform for real-world assets.

The company generates revenue through four streams: transaction and payment processing fees on crypto-to-fiat conversion, Pix flows, and cross-border settlement; API and infrastructure licensing for BaaSiC access on multi-year enterprise contracts; stablecoin account services (freemium consumer with spread and transfer fees); and tokenization platform fees for issuance of tokenized credit, bonds, and structured products. Go-to-market is hybrid: an API-first, enterprise field sales motion targeting global crypto exchanges, fintechs, and PSPs (documented outcomes include a 200% trading volume increase for a top-five global crypto exchange in Brazil), alongside a direct-to-consumer stablecoin app. Distribution is reinforced through partnerships with Circle, Fireblocks, and tZERO, a Web Summit sponsorship since 2023, and the Transfero Academy education initiative. In 2024, Transfero acquired Fuse Capital to accelerate DeFi and tokenization capabilities; in 2025, it added minority investments in Cremona Capital, Openi, and Mzic while processing 8.8M+ transactions and supporting $39M in tokenized assets.

Name

Transfero Group

Legal name

Transfero Instituição de Pagamento Ltda.

Website

https://transfero.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Transfero Group operates a unified API platform connecting Brazilian banking rails (Pix) with blockchain networks and its BRZ stablecoin, serving crypto exchanges, fintechs, payment processors, and consumers across Latin America and global pay-out markets.

Ownership category

akta.pro rank

Product category

Digital Asset Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

Crypto-Enabled Cross-Border Transfers & On/Off-Ramps (FSAGAKAO), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG), Cross-Border A2A & Bank Transfer Networks (FSAMAIAF), Cross-Border & FX Payments Platforms (BPAMAFAK)

Keywords

• Digital asset infrastructure
• Crypto payment processing
• Stablecoin issuance
• Cross-border payments
• Banking-as-a-service

Headquarters

HQ city

Zug

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Transaction and Payment Processing Fees: Fees charged on crypto-to-fiat conversion, cross-border payments, Pix transactions, and settlement flows. Revenue scales with transaction volume. Competitive pricing vs. card networks and traditional payment processors.
2. API and Infrastructure Licensing: BaaSiC API access fees for banking infrastructure, crypto-as-a-service, and cross-border payment capabilities. Enterprises integrate via API for compliant BRL operations, on/off-ramp, and payment flows.
3. Stablecoin Account Services: Fees from stablecoin account services for individuals and businesses, including crypto buy/sell, global transfers, and portfolio access. Revenue from spread on conversions and transfer fees.
4. Asset Tokenization: Infrastructure and platform fees for issuing and distributing tokenized financial products including private credit, digital bonds, and structured investments.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Transfero operates a unified API platform (BaaSiC) that connects Brazilian banking infrastructure (Pix, BRL accounts, wire transfers, KYC) with multi-chain crypto networks and the proprietary BRZ BRL-pegged stablecoin. It offers end-to-end financial infrastructure covering banking-as-a-service, crypto-as-a-service, cross-border payments to 117+ markets, a crypto payment gateway (Crypto Checkout), a consumer stablecoin account, and tokenization of real-world assets for fintechs, exchanges, payment processors, and financial institutions expanding into Latin America.

Product overview

Transfero Group operates as a global financial infrastructure company built on a unified API platform called BaaSiC (Banking as a Service Crypto), which connects fiat and crypto rails. The core product portfolio comprises BaaSiC as the foundational platform, supplemented by seven integrated modules: BRZ Stablecoin (the proprietary BRL-pegged stablecoin powering ecosystem liquidity), Banking Infrastructure (BaaS for Pix and BRL accounts), Crypto Infrastructure (CaaS for on/off ramps, swaps, and Fireblocks custody), Cross-border Payments (global pay-outs to 117+ markets), Crypto Checkout (payment gateway for crypto-to-fiat settlement), Stablecoin Account (retail/global account for USD/EUR/BRL digital assets), and Tokenization (RWA asset issuance platform). Transfero Academy provides blockchain education as a complementary initiative. The company holds payment institution and VASP licenses in Brazil, Switzerland, and The Bahamas.

Differentiator

Problem solved

Functional benefit

Brands

• BaaSiC (Transfero BaaSiC): Banking-as-a-Service API platform enabling businesses to offer banking, crypto, and payment services in Latin America through a unified API.
• BRZ (Brazilian Digital Token)
• Crypto Checkout
• Transfero Academy
• PanoramaCrypto
• Transfero Asset (Transfero Gestora de Recursos)

Products and services

• BaaSiC (Banking as a Service Crypto) The unified REST API platform connecting fiat and crypto rails, enabling cross-border transactions and seamless on/off ramps at scale. Provides endpoints for Authentication, Callbacks, Trade, Dynamic QR Code deposits, Payment Orders, Payment Groups, Payment Receipts, and Payment Preview. Available endpoints support Pix-in, Pix-out, wire transfers, KYC onboarding, accounts, payments, transactions, and assets. Designed for developers and enterprises integrating banking, crypto, and payment capabilities into their own applications.
• BRZ Stablecoin A Brazilian Real-backed stablecoin pegged 1:1 to the Brazilian real, used for liquidity, settlement, and remittance operations across the Transfero ecosystem and the broader Brazilian crypto market.
• Banking Infrastructure (BaaS) Banking-as-a-Service solution enabling accounts, payments, and Pix transactions via API without the cost or regulatory complexity of building a local banking entity in Brazil. Supports Pix-out, Pix-in, wire, KYC, accounts, and payments for enterprises.
• Crypto Infrastructure (CaaS) Crypto-as-a-Service providing infrastructure for crypto ramps, swaps, custody, liquidity, and payment flows between BRL and digital assets, with institutional-grade Fireblocks custody. Supports transactions, assets, pay-in, and pay-out flows.
• Cross-border Payments Global pay-out solution for businesses and individuals enabling money movement across borders with 24/7 settlement, competitive FX execution, and local currency delivery to 117+ pay-out markets worldwide.
• Crypto Checkout Crypto payment gateway enabling businesses to accept cryptocurrency payments online or in-store via single QR code while receiving instant settlement in Brazilian reais. Eliminates merchant exposure to crypto volatility through real-time conversion. Compatible with VTEX e-commerce platform.
• Stablecoin Account A global account for individuals to hold, move, and manage digital assets pegged to USD (USDC), EUR (EURC), and BRL (BRZ), combining the stability of traditional currencies with blockchain speed and efficiency. Available on iOS, Android, and web.
• Tokenization Asset tokenization platform enabling the issuance, management, and distribution of tokenized real-world assets including private credit, digital bonds, structured products, and trade receivables financing. $39M in tokenized assets have been issued and managed on the platform.

Quantifiable outcome

• 200% growth in trading volume for a leading global crypto exchange in Brazil
• +6 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature6 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Cremona CapitalminorStrategic or Co-development Partner · 10 August 2025Transfero made a minority investment in Cremona Capital in 2025 and will provide infrastructure for digital asset transactions. Cremona Capital is a startup operating in the crypto/digital asset space.
• OpeniminorStrategic or Co-development Partner · 10 August 2025Transfero made a minority investment in Openi in 2025 and will provide infrastructure for digital asset transactions. Openi is a startup in the digital asset ecosystem.
• MzicminorStrategic or Co-development Partner · 10 August 2025Transfero made a minority investment in Mzic in 2025 and will provide infrastructure for digital asset transactions. Mzic is a startup in the crypto/digital asset space.
• Circle (Payments Network)coreTechnology or Integration · 1 January 2025Partnership connecting Transfero's infrastructure to the Circle Payments Network in 2025, expanding the ecosystem for USDC-based transactions and global payment flows. Enables deeper USDC liquidity access and cross-border settlement capabilities.
• tZERO (Tether)coreTechnology or Integration · 1 January 2025Partnership with tZERO in 2025 to expand digital asset ecosystem capabilities, leveraging Tether's stablecoin infrastructure and market reach for enhanced cross-border payment services.
• Fireblocks Network for PaymentscoreTechnology or Integration · 1 January 2025Partnership with Fireblocks to power institutional-grade custody, storage, and transfers for Transfero's enterprise and institutional clients. Provides digital asset security infrastructure underpinning the company's crypto services.
• VTEXminorChannel Partner/ Reseller/ DistributorVTEX e-commerce platform integration with Crypto Checkout, enabling online merchants to easily accept crypto payments through Transfero's payment gateway with native VTEX compatibility.

Scale indicators6 records

Recent moves3 records

Expansion highlights6 records

Regional players

• Foxbit: Foxbit is a Brazilian crypto exchange and OTC desk serving retail and institutional clients with BRL trading pairs. It overlaps with Transfero's exchange-facing services, Pix on/off-ramps, and BRL liquidity provision within the Brazilian market specifically.

Direct peers

• Zero Hash: Zero Hash provides embedded crypto and stablecoin infrastructure (custody, on/off-ramps, trading, payments) via API for fintechs, neobanks, and platforms. It directly parallels Transfero's BaaSiC API as a crypto-as-a-service platform for enterprise integrators.
• Ripple: Ripple provides cross-border payments infrastructure (RippleNet, On-Demand Liquidity) and the RLUSD stablecoin, directly competing with Transfero's cross-border payments, stablecoin, and on/off-ramp offerings for enterprise and financial institution clients globally.
• Bitso: Bitso is a leading LATAM crypto exchange and payments company offering on/off-ramps, stablecoins, and cross-border transfers across Mexico, Brazil, Argentina, and Colombia. It overlaps directly with Transfero's BRL rails, exchange services, and remittance products in core LATAM markets.
• MoonPay: MoonPay provides fiat-to-crypto on/off-ramps and payment infrastructure for wallets, exchanges, and applications globally. It competes with Transfero's CaaS and Crypto Checkout on the on-ramp and merchant crypto acceptance layers.
• BVNK: BVNK offers unified payments infrastructure for stablecoins and traditional rails, serving merchants and platforms with crypto on/off-ramps and settlement. It competes with Transfero's BaaSiC API and TPN as enterprise-grade cross-border and crypto payments infrastructure.
• Circle: Circle issues USDC and EURC and operates the Circle Payments Network for cross-border settlement. Circle is both a Transfero partner and a competing issuer of stablecoins and cross-border payment infrastructure targeting similar fintech, exchange, and enterprise customers.
• Paxos: Paxos issues regulated stablecoins (USDP, PYUSD) and provides custody, settlement, and tokenization infrastructure. It competes with Transfero in stablecoin issuance, tokenization of real-world assets, and regulated digital asset infrastructure for enterprises.

Emerging players

• Fireblocks: Fireblocks is Transfero's custody partner via the Fireblocks Network for Payments, providing institutional-grade custody and digital asset security. It is also an emerging competitor in payments orchestration and stablecoin-as-a-service for enterprises.

Broad incumbents

• Mercado Pago: Mercado Pago is the dominant LATAM digital payments and wallet platform serving merchants and consumers in Brazil. While broader in scope than Transfero, it increasingly overlaps on Pix integration, merchant payments, and digital accounts, and is the de facto incumbent for SMB payment acceptance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/transfero
• Facebookfacebook.com/transferogroup
• LinkedInlinkedin.com/company/transfero-group

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

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

M&A

Investments6 records

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

Frequently asked questions about Transfero Group