“Can a full-stack Brazilian digital bank super-app extend its franchise into the US via a cross-border remittance and USD account for the Brazilian diaspora?”
Founded in 1994 as Intermedium CFI, a traditional Brazilian bank. Pivoted in 2015 to become the country's first 100% digital, free-of-charge bank, riding the Brazilian neobank wave. Listed on B3 in 2018 and re-listed as Inter&Co on Nasdaq in 2022 via a corporate reorganization. Today operates a 'super app' spanning banking, credit, insurance, investments, FX/remittances, and a US arm (Inter&Co Payments) serving the Brazilian diaspora with cross-border money movement.
Banco Inter discloses Banco Inter S.A. (in-house), Community Federal Savings Bank, Wells Fargo Bank and Continental Bank as its banking providers, according to the Embedded Finance Index 2026.
Banco Inter does not disclose a bank charter of its own; its banking services are provided through Banco Inter S.A. (in-house), Community Federal Savings Bank, Wells Fargo Bank and Continental Bank.
Banco Inter processes payments through Banco Inter (self-operated) and Inter&Co Payments (self-operated). Disclosed money-movement rails: Pix.
Banco Inter's cards are issued through Banco Inter (in-house).
Banco Inter's lending and capital products are provided by Banco Inter (in-house).
Banco Inter connects to bank accounts through Banco Inter Open Banking API (self-operated).
Banco Inter uses Inter&Co Payments (self-operated) for FX and cross-border payouts.
Banco Inter's embedded insurance is provided by Inter Seguros (in-house) and XCover (Cover Genius).
Banco Inter's investing and wealth products are powered by Inter DTVM (in-house) and Inter Securities LLC (in-house).
Banco Inter integrates with ERP integrations (unspecified, via API).
The Embedded Finance Index 2026 maps 12 layers in Banco Inter's stack: Payments / PSP (Banco Inter (self-operated) and Inter&Co Payments (self-operated)); Money movement (Pix); Banking / BaaS (Banco Inter S.A. (in-house), Community Federal Savings Bank, Wells Fargo Bank and Continental Bank); Card issuing (Banco Inter (in-house)); Lending (Banco Inter (in-house), Consumer loans, Business loans (Inter Empresas) and Credit card); Insurance (Inter Seguros (in-house) and XCover (Cover Genius)); Open banking (Banco Inter Open Banking API (self-operated)); Sponsor bank (Community Federal Savings Bank, Wells Fargo Bank and Continental Bank); FX & payouts (Inter&Co Payments (self-operated)); Investing (Inter DTVM (in-house) and Inter Securities LLC (in-house)); Accounting (ERP integrations (unspecified, via API)); Spend / AP (Inter Empresas (in-house)).
Banco Inter was founded by Rubens Menin and is founded in 1994, headquartered in Belo Horizonte, Minas Gerais, Brazil.
Get a read on where your own stack stands against Banco Inter and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.