Delbank

What Delbank does

Delfinance (formerly Delbank) is a privately held Brazilian Direct Credit Society (Sociedade de Crédito Direto) authorized by the Banco Central do Brasil under bank code 435, headquartered in Aracaju, Sergipe. It operates a developer-first Banking-as-a-Service platform built around three core API products — API Pix (dynamic QR codes and real-time payment webhooks), API Boletos (issuance and automated reconciliation) and API TED (bank transfers with full audit trail) — all accessed through a single regulated Delfinance Payment Account. The platform is technically a REST API with JSON contracts, webhook-based event architecture, sandbox environments, idempotency via correlation IDs, and official SDKs in Python, Java, PHP, Node.js and .NET, with a published 99.95% availability target, D+0 settlement and 24/7 transactional monitoring.

The company serves technical teams at digital businesses, SaaS platforms, fintechs and B2B companies in Brazil that need to integrate regulated payment infrastructure into their own products, alongside a long tail of SMB merchants reached through a native WooCommerce plugin. Distribution is exclusively digital: a self-service onboarding platform (conta.delfinance.com.br) with account approval in up to 2 hours, direct API access for enterprise customers, the Del Partners channel program for integrators, software houses, ERPs and consultancies, and the WooCommerce plugin for SMB e-commerce. The company is LGPD-compliant and operates under Bacen regulatory requirements including transaction monitoring per BCB Resolutions 142/2021 and 501/2025.

Revenue is generated almost entirely on a transaction-fee basis: R$3.00 per boleto issued and registered, fees for optional services such as card issuance and ATM withdrawals, and variable receivables-discounting income on boletos (desconto de títulos) and checks (desconto de cheques) at up to 3% per month. Account opening and maintenance are free, the model is pay-as-you-go, and the firm does not disclose revenue, funding rounds, investors or customer logos in the available materials. The 2025 rebrand from Delbank to Delfinance and the 2026 leadership change explicitly repositioned the company toward a dev-first strategy focused on APIs, SDKs and integrations.

Name

Delbank

Legal name

Delfinance Sociedade de Crédito Direto S.A.

Website

https://delbank.com.br

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Delfinance is a Bacen-regulated Brazilian Direct Credit Society (bank code 435) offering a developer-first Banking-as-a-Service platform with API products for Pix, boletos and TED, plus a regulated payment account, targeting SaaS platforms, fintechs, B2B companies and WooCommerce merchants in Brazil.

Ownership category

akta.pro rank

Product category

Banking-as-a-Service APIs

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Nondepository Credit Intermediation (5222)

SIC

Finance Services (6199)

akta.pro primary industry

BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)

akta.pro secondary industries

A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF), Reconciliation, Ledgering & Money Movement Ops (Sub-ledgers, Settlement, Reporting) (FSAGALAL), Risk, Compliance & Controls for Embedded Finance (KYB/KYC/AML, Fraud, Disputes) (FSAGALAK)

Keywords

• Banking-as-a-service APIs
• Payment infrastructure
• Pix API integration
• Boleto issuance API
• Developer banking platform

Headquarters

HQ city

Aracaju

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Boleto Issuance Fees: R$ 3.00 per boleto generated and registered. Tariff debited daily from payment account. Revenue from payment processing services.
2. Banking Services: Fees for specific account services including card issuance, ATM withdrawals, and other optional services. Basic account opening and maintenance are free.
3. Discount of Titles (Desconto de Títulos): Early payment advance on receivables from issued boletos. Variable discount rate up to 3% per month, determined case-by-case.
4. Check Discount (Desconto de Cheques): Advance on checks held in custody. Variable rate up to 3% per month based on individual negotiation.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Delfinance (formerly Delbank) is a Brazilian financial institution authorized by the Banco Central do Brasil (bank code 435) that provides a developer-first Banking-as-a-Service (BaaS) platform built around three core payment APIs — Pix, Boletos, and TED — accessed through a unified regulated payment account. Businesses and developers self-onboard, receive production API credentials within 2 hours, and integrate programmable payments, dynamic QR code generation, and webhook-driven reconciliation into their own products.

Product overview

Delfinance is a Bacen-authorized Direct Credit Society (Sociedade de Crédito Direto) offering a dev-first Banking-as-a-Service (BaaS) platform built around three core API products — API Pix, API Boletos, and API TED — all accessed through a unified Delfinance Payment Account. The platform targets developers and businesses needing to integrate payment receiving, billing, and bank transfers via APIs, with self-service account provisioning, production API key delivery within 2 hours, webhooks for event-driven workflows, and official SDKs in Python, Java, PHP, Node.js, and .NET. The account serves as the operational hub through which all API products are accessed and all transaction lifecycle events are reconciled.

Differentiator

Problem solved

Functional benefit

Products and services

• API Pix Programmable Pix payment API enabling dynamic QR Code generation, real-time webhook notifications for payment confirmation, and automated reconciliation of incoming Pix transactions, targeted at developers and businesses integrating instant payments.
• API Boletos Bank ticket (boleto) issuance and management API supporting programmatic boleto creation with due dates, payer details, status tracking, and automated reconciliation for B2B, SaaS, and financial services operations.
• API TED Bank transfer API for initiating TED (Electronic Transfer of Funds) transactions with beneficiary bank details, tracking of transfer status and returns, and full operational audit trail for critical financial workflows.
• Delfinance Payment Account Digital payment account for developers and businesses, providing a regulated bank account (Bacen-authorized, bank code 435) for receiving and paying funds and serving as the operational hub through which all Delfinance APIs (Pix, Boletos, TED) are accessed and reconciled.
• Del Partners Program Channel/partner program for integrators, software houses, platforms, ERPs, e-commerce platforms, and consultancies to embed and resell Delfinance's regulated payment APIs (Pix, Boleto, TED) to their end customers.
• WooCommerce Integration Plugin Native WooCommerce plugin that connects Delfinance to the WooCommerce checkout to generate Pix or boleto charges, confirm payments via webhooks, and reconcile orders automatically for SMB e-commerce merchants.

Quantifiable outcome

• Account approved in up to 2 hours
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability1 record

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Del Partners Program - Integrators and Software HousescoreChannel Partner/ Reseller/ DistributorPartner program for integrators and software houses to implement Delfinance APIs for their clients needing payment acceptance, processing, and reconciliation. Partners receive technical documentation, SDKs, and support.
• Del Partners Program - Platforms, ERPs and E-commercescoreChannel Partner/ Reseller/ DistributorPartner program for platforms, ERPs, and e-commerce platforms to embed Pix, boleto and payment flows into their customer base with Delfinance's support.
• Del Partners Program - Consultancies and Commercial PartnersminorChannel Partner/ Reseller/ DistributorPartner program for consultancies and commercial partners to refer companies needing regulated banking infrastructure and developer-focused financial services.
• Grupo Castro LimaminorOthersCorporate roots from Grupo Castro Lima, a group with solid history in financial solutions and credit operations. Delfinance originated from this group's financial expertise.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Asaas: Brazilian fintech offering API-based financial services for businesses including Pix, boletos, TED, and credit operations targeting SMBs and developers. Closest direct competitor to Delfinance's BaaS model with overlapping product set and developer-first positioning.
• Cora: Brazilian B2B digital bank offering payment accounts, Pix, boletos, and credit services via API to SMBs. Directly competes with Delfinance in the developer-focused SMB banking segment with a similar product surface.
• Conta Azul Bank: Brazilian digital bank spun out of Conta Azul's accounting SaaS, offering payment accounts, Pix, boletos and credit to SMBs through an integrated platform. Comparable to Delfinance's API-first B2B banking positioning with embedded distribution.
• Pagar.me: Brazilian payment processor (Stone Co subsidiary) offering API-based payment acceptance, Pix, boletos, and credit services. Directly comparable to Delfinance's core API products and serves a similar developer/SMB audience at larger scale.
• Pier: Brazilian B2B digital bank providing payment accounts, Pix, boletos and developer APIs targeting SMBs and fintechs. Closely mirrors Delfinance's regulated SCD-like structure with API-first BaaS positioning.

Broad incumbents

• Banco Inter: Large Brazilian digital bank offering Inter Empresas and API products covering accounts, Pix, boletos, TED, and credit. Operates broadly across consumer and SMB segments with overlapping capabilities to Delfinance but at much larger scale.
• C6 Bank: Brazilian digital bank (part of JP Morgan-backed group) offering business accounts, Pix, boletos and API-based integrations. Comparable product surface to Delfinance but as a broader incumbent serving both consumer and B2B segments.
• Stone Co: Major Brazilian acquirer and banking group operating Pagar.me and its own SMB banking product. Comparable to Delfinance in targeting Brazilian SMBs with banking-as-a-service infrastructure at significantly greater scale.

Regional players

• Pomelo: Argentina-headquartered BaaS platform expanding across Latin America offering card issuance, accounts, payments and lending infrastructure via APIs. Comparable to Delfinance's BaaS architecture but operating primarily in Spanish-speaking LatAm markets.

Emerging players

• Belvo: Latin American open finance API platform providing account aggregation, payment initiation, and financial data connectivity across Brazil and Mexico. Adjacent to Delfinance's BaaS offering through complementary open-banking infrastructure for the same developer audience.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/delfinance-br
• Instagraminstagram.com/delfinance.br

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Delbank