Tecnologia Bancária

What Tecnologia Bancária does

Tecnologia Bancária S.A. (Tecban) is a privately held Brazilian banking-infrastructure consortium founded in 1982 by Unibanco, Nacional, and Bamerindus, headquartered in São Paulo with operations support in Barueri and Goiânia plus 20+ nationwide cash-logistics bases. The company operates two integrated business lines: Autoatendimento (self-service) and Numerário (cash management). The self-service line is anchored by Banco24Horas — the world's largest independent ATM network with 24,000+ machines across 680+ Brazilian cities serving 160+ million consumers — supported by ATMManager (outsourced network management covering 30,000+ endpoints at 97% availability), HubDigital (API platform enabling fintechs and payment institutions to access the Banco24Horas network), and the Entintamento Pativo ink-staining security system backed by 27 patents.

The Numerário line is delivered through the wholly owned TBForte subsidiary (cash transport and custody with 600+ armored vehicles, smart safes, and processing at 33 notes per second across 20+ operational bases), while TBNet provides 4G/5G connectivity (LinkBooster) and Serviços Integrados Tecban (TBSI) manufactures self-service equipment. The group employs 7,000+ direct staff and supports a 100,000+ job ecosystem. Tecban monetizes through managed-service contracts with banks, hardware sales/rental, cash logistics fees, transaction fees on HubDigital, and subscription telecom services, with quote-based multi-year enterprise pricing. Under new CEO Patrício Santelices (appointed 2024), the company is repositioning as an integrated physical-digital financial-solutions ecosystem, evidenced by the 2025 Banrisul shared-management partnership (1,000 ATMs), 177% growth in mini Banco24Horas deployments, Open Banking as a Service platform, DREX (digital real) pilot participation, and a 2025 group brand reformulation.

Name

Tecnologia Bancária

Legal name

Tecnologia Bancária

Website

https://tecban.com.br

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

ATM Network Management and Cash Logistics

NAICS

Depository Credit Intermediation (5221)

SIC

Functions Related To Depository Banking, Nec (6099), Finance Services (6199)

akta.pro primary industry

ATM Deployers & Managed ATM Services (IAD/ISO) (FSAMAOAC)

akta.pro secondary industries

ATM / Cash Access Network Schemes (FSAMAAAH), ATM Switching, Routing & Network Services (FSAMAOAD), Cash Access & Cardless ATM Withdrawal Services (FSAMAOAJ), Bank Connectivity & Channels (Host-to-host, SWIFT, APIs, EB portals) (FSABAIAF)

Keywords

• ATM network management
• Cash logistics services
• Self-service banking
• ATM security solutions
• Banking connectivity services

Headquarters

HQ city

Barueri

HQ country

Brazil

HQ region

Latin America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. ATM Management Services: Comprehensive outsourced management of ATM networks including maintenance, monitoring, cash logistics, and operational support for financial institutions. Revenue derived from service contracts with banks and credit unions.
2. ATM Equipment Sales and Rental: Sale and rental of various ATM types including Banco24Horas, Cash, Atmo/mini Banco24Horas, and recycling ATMs to retailers and financial institutions.
3. Cash Transport and Logistics: Secure cash transport services through TBForte subsidiary covering over 7,000 commercial establishments and bank branches with 600+ vehicles. Includes custody and processing of currency.
4. Intelligent Safe Solutions: Smart safe rental and management enabling businesses to securely deposit and manage cash with real-time monitoring and reduced manual counting processes.
5. HubDigital API Access: Transaction fees from fintechs and payment institutions accessing the Banco24Horas network through API integration for withdrawals, deposits, balance inquiries, and transfers.
6. TBNet Telecom Services: Connectivity solutions including LinkBooster 4G services for retail and financial sectors with packages ranging from 3GB to 100GB, providing network connectivity and monitoring services.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Tecban operates the world's largest independent ATM network, Banco24Horas, with over 24,000 machines across 680+ Brazilian cities. The company provides end-to-end ATM network management (ATMManager), cash transportation and processing through its TBForte subsidiary, smart safes (Cofre Inteligente), telecom connectivity via TBNet (LinkBooster 4G), and API-based integration for fintechs (HubDigital). It serves financial institutions, retailers, cooperatives, and digital payment providers.

Product overview

Tecban operates as an integrated financial solutions ecosystem with two core product lines: Autoatendimento (self-service banking) and Numerário (cash management). The Autoatendimento line centers on the Banco24Horas network — the world's largest independent ATM network with over 24,000 machines — supported by the ATMManager management platform and HubDigital API for fintech integration. The Numerário line encompasses cash transport (TBForte), smart safes, and cash custody/processing services. Supporting divisions include TBNet (telecom connectivity) and Services Integrados Tecban (equipment manufacturing). The company connects the physical (ATMs, cash logistics) and digital (APIs, Open Banking, DREX) economies for financial institutions, retail, and cooperatives.

Differentiator

Problem solved

Functional benefit

Brands

• ATMManager: Complete ATM network management solution covering installation, monitoring, and maintenance with national coverage and 97% average availability
• Banco24Horas max
• mini Banco24Horas
• maxGestão Banco24Horas
• HubDigital
• TBForte
• Cofre Inteligente
• Custódia e Processamento de Numerário
• Entintamento Pativo

Products and services

• Banco24Horas The flagship shared ATM network brand offering deposits, withdrawals, balance inquiries, bill payments, PIX transfers, and mobile top-ups at over 24,000 machines across Brazil.
• ATMManager Comprehensive end-to-end ATM network management solution covering installation, monitoring, maintenance, logistics, and cash management for financial institutions and retailers with national coverage and 97% average availability across 30,000+ access points.
• Banco24Horas max Full-sized ATM terminals installed at retail locations offering deposits, withdrawals, mobile phone refills, gift card purchases, and additional financial services in more than 17,500 establishments across Brazil.
• mini Banco24Horas Compact ATM solution (formerly Atmo) designed for retail environments with limited space. Offers card, biometric, and digital authentication methods for withdrawals, payments, and balance inquiries.
• maxGestão Cash management solution for retail enabling safe deposits directly at Banco24Horas ATMs, eliminating manual cash counting and reducing transport risks. Money is protected under custody and recycled for withdrawals. Deployed at 3,400+ recycling ATMs.
• HubDigital API-based integration platform enabling fintechs, social banks, and payment institutions to connect to the Banco24Horas network. Offers standardized digital access to over 24,000 ATMs for digital withdrawals, balance inquiries, statements, and deposits nationwide.
• Entintamento Pativo Security system that releases special ink on banknotes during attempted ATM tampering or breach, rendering them unusable for criminals. Features 27 patents and over 20 years of refinement. Includes coffer blindaging integration capability.
• Transporte de Numerário Cash transport and logistics service operated through TBForte with over 600 armored vehicles and more than 20 operational bases nationwide. Features 24/7 GPS and camera monitoring, real-time tracking, and customized transport solutions.
• Cofre Inteligente Smart safe solution for retail and financial institutions that automatically counts, validates, and stores cash deposits. Includes real-time inventory visibility, automatic validation, insurance coverage, and reduction of manual counting losses.
• Custódia e Processamento de Numerário Cash custody and processing service with automated and monitored processes managing cash flow with security and efficiency. Features over 20 operational bases in Brazil, equipment with 16 outputs, and counting capacity of 33 notes per second.
• LinkBooster TBNet 4G connectivity solution with dual-chip modems that automatically select the best available mobile signal for point-of-sale reliability. Offers 30% cost reduction compared to MPLS links with native redundancy, 24/7 monitoring, and installation in up to 2 days.
• Open Banking as a Service Platform Platform launched in 2021 enabling open banking integrations and services for financial institutions, supporting API-based connectivity and digital transformation.

Quantifiable outcome

• 97% average ATM availability across 30,000+ managed self-service points
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature8 records

Partnerships

Three partnerships are on record, tiered core, strategic and supporting.

• BanrisulcoreStrategic or Co-development Partner · 1 January 2025Strategic partnership with Banrisul for shared ATM management, expanding Tecban's managed network to include 1,000 Banrisul ATMs. Unprecedented collaborative management model that strengthens operational efficiency and regional presence in southern Brazil.
• FCJ (Atmosfera)strategicStrategic or Co-development Partner · 1 January 2022Joint venture for Atmosfera initiative, combining Tecban's ATM infrastructure expertise with FCJ's capabilities to create innovative self-service solutions for financial access in underserved regions.
• OzonesupportingTechnology or Integration · 1 January 2020Partnership with Ozone to support Tecban's Open Banking platform development and technology infrastructure, enabling faster integration and digital transformation capabilities.

Scale indicators16 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• NCR Atleos: NCR Atleos is the world's largest independent ATM operator (spun off from NCR in 2023), operating approximately 2.2 million ATMs globally including managed services. Directly comparable to Tecban's Banco24Horas and ATMManager businesses in business model (managed ATM networks serving banks and retailers) and customer base (financial institutions).
• Euronet Worldwide: Euronet operates one of the largest independent ATM networks globally (epay, REN) and provides money transfer and payment services. Directly comparable to Tecban in operating shared/independent ATM networks and offering API-driven access to fintech and payment institutions, with similar cross-border expansion ambitions.
• Brink's Company: Brink's is a global leader in cash logistics, ATM services, and digital retail solutions with operations across Latin America. Directly comparable to TBForte's cash transportation, processing, and smart safe businesses, serving the same financial institution and retail customer segments globally.
• Prosegur Cash: Prosegur Cash is the largest cash-in-transit operator in Latin America with major operations in Brazil. Directly comparable to TBForte's cash transport, processing, and ATM management businesses in the Brazilian market, competing for the same bank and large retailer customers.
• Loomis AB: Loomis is a global cash handling, transport, and management services provider operating in 20+ countries across the Americas and Europe. Comparable to TBForte in cash logistics and to Tecban's broader ATM managed services portfolio, though with less presence in Brazil.
• G4S Cash Solutions (Allied Universal): G4S (now part of Allied Universal) provides cash-in-transit, ATM management, and secure logistics services globally. Comparable to TBForte's cash transportation business and to Tecban's ATM managed services in business model, though with limited Brazilian presence.
• Brink's Brasil: Brink's Brasil is the local Brazilian operations of Brink's, providing cash-in-transit, ATM management, and smart safe services. Directly comparable to TBForte in cash logistics for financial institutions and large retailers across Brazil.

Broad incumbents

• Diebold Nixdorf: Diebold Nixdorf is a global leader in ATM hardware manufacturing and connected services for banks and retailers. Comparable to Tecban's TBSI equipment manufacturing subsidiary and ATMManager managed services, but operates as a broader incumbent across banking technology rather than specializing in Brazilian ATM networks.

Regional players

• Redeban (Colombia): Redeban operates the shared ATM network "Redeban Multicolor" in Colombia with a similar shared-network model to Banco24Horas. Comparable business model (consortium-owned shared ATM network serving multiple banks) but operates exclusively in Colombia rather than competing directly with Tecban in Brazil.

Others

• Itaú Unibanco: Itaú Unibanco is one of the founding shareholders of Tecban and operates its own proprietary ATM network. Comparable as a customer/stakeholder of Tecban rather than a direct competitor, but represents a potential conflict as Itaú's ATM strategy could shift to in-house operations in the future.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tecban
• Instagraminstagram.com/tecbanoficial
• Xx.com/banco24horas
• Facebookfacebook.com/banco24horas

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Tecnologia Bancária