“Can a Votorantim-backed, fully-licensed Brazilian BaaS provider win the modular embedded-finance layer powering local fintechs, retailers, and acquirers?”
Bankly is a Brazilian Banking-as-a-Service platform operated by ACESSO SOLUÇÕES DE PAGAMENTO S.A., a regulated payment institution. The company is part of the Conglomerado Financeiro Votorantim, providing a modular API stack (30+ APIs) covering digital accounts, PIX, card issuing, boleto, TED, and KYC to banks, fintechs, retailers, and acquirers. It positions itself as a vertically integrated 'technology company with a banking license' — minimizing third-party dependencies by operating most rails in-house.
Bankly discloses ACESSO SOLUÇÕES DE PAGAMENTO S.A. (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Bankly does not disclose a bank charter of its own; its banking services are provided through ACESSO SOLUÇÕES DE PAGAMENTO S.A. (in-house).
Bankly processes payments through Bankly PIX (self-operated, direct BACEN PIX participant), Bankly TED (self-operated), Bankly Boleto issuance (self-operated), Bankly P2P transfers (self-operated) and Bankly bill payments (self-operated). Disclosed money-movement rails: Pix.
Bankly's cards are issued through Bankly (in-house, Mastercard principal issuer).
Bankly runs its ledger on in-house.
Bankly's payroll is powered by Bankly (in-house payroll payment API).
The Embedded Finance Index 2026 maps 6 layers in Bankly's stack: Payments / PSP (Bankly PIX (self-operated, direct BACEN PIX participant), Bankly TED (self-operated), Bankly Boleto issuance (self-operated), Bankly P2P transfers (self-operated) and 1 other); Money movement (Pix); Banking / BaaS (ACESSO SOLUÇÕES DE PAGAMENTO S.A. (in-house)); Card issuing (Bankly (in-house, Mastercard principal issuer)); Ledger (in-house); Payroll (Bankly (in-house payroll payment API)).
Bankly is headquartered in Brazil.
Get a read on where your own stack stands against Bankly 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.