“Can a Brazilian digital super-app become the cross-border financial OS for the Latin American diaspora in the US — and turn a chartered Miami branch into a beachhead for global banking?”
Founded in 1994 as a small Brazilian finance company, Banco Inter rebranded in 2015 and aggressively pivoted to a fully-digital, free-checking model that anchored its rise into a 41M-customer super-app. The US strategy progressed in three stages: first an MSB-licensed money-transmitter (Inter & Co Payments) offering a USD Global Account for Brazilian customers via Community Federal Savings Bank and Continental Bank as sponsor banks; then expansion to serve the 5M US-based Latin American customers with US Checking and the Inter Passport Credit Card; and finally in 2026 Fed approval to operate a state-licensed Miami branch — moving Banco Inter from BaaS-dependent fintech to chartered US banking presence.
Banco Inter US discloses Banco Inter S.A. (in-house, Brazil) and Community Federal Savings Bank + Continental Bank (US sponsor banks) as its banking providers, with Community Federal Savings Bank, Continental Bank and Wells Fargo Bank as its sponsor banks, according to the Embedded Finance Index 2026.
Banco Inter US does not disclose a bank charter of its own; its banking services are provided through Community Federal Savings Bank, Continental Bank and Wells Fargo Bank.
Banco Inter US processes payments through Inter Payments (self-operated, Brazil), Pix (self-operated, Brazil), Boleto (self-operated) and Inter Shop (self-operated marketplace). Disclosed money-movement rails: ACH, SWIFT and Pix.
Banco Inter US's cards are issued through Banco Inter (in-house issuer in Brazil).
Banco Inter US runs its ledger on in-house.
Banco Inter US uses Inter (self-operated FX desk) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 8 layers in Banco Inter US's stack: Payments / PSP (Inter Payments (self-operated, Brazil), Pix (self-operated, Brazil), Boleto (self-operated) and Inter Shop (self-operated marketplace)); Money movement (ACH, SWIFT and Pix); Banking / BaaS (Banco Inter S.A. (in-house, Brazil) and Community Federal Savings Bank + Continental Bank (US sponsor banks)); Card issuing (Banco Inter (in-house issuer in Brazil)); Ledger (in-house); Lending (Inter Empresas Antecipação de Recebíveis (receivables advance), Inter credit card (Gold, Platinum), Inter Passport Credit Card (US residents) and Inter consumer lending); Sponsor bank (Community Federal Savings Bank, Continental Bank and Wells Fargo Bank); FX & payouts (Inter (self-operated FX desk)).
Banco Inter US is founded in 1994 and headquartered in Belo Horizonte, Brazil (US HQ: Miami, Florida).
Get a read on where your own stack stands against Banco Inter US 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.