“Can a Bacen-licensed, bank-backed BaaS provider own the modular financial-infrastructure layer for Brazil's fintechs, retailers, and platforms?”
Bankly (legal entity ACESSO SOLUÇÕES DE PAGAMENTO S.A., CNPJ 13.140.088/0001-99) is a Brazilian Banking-as-a-Service platform operating under a Bacen-issued Payment Institution / e-money issuer license. The company is part of the Conglomerado Financeiro Votorantim (Banco Votorantim / BV), positioning it as a bank-backed BaaS provider rather than a fintech reseller. It offers modular APIs (30+) for digital accounts, card issuing, boleto, TED, PIX and card-receivables settlement (SLC), and has expanded into Open Finance participation.
Bankly - Banking as a Service discloses Bankly (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Bankly - Banking as a Service does not disclose a bank charter of its own; its banking services are provided through Bankly (in-house).
Bankly - Banking as a Service processes payments through Bankly (self-operated). Disclosed money-movement rails: Pix.
Bankly - Banking as a Service's cards are issued through Bankly (in-house).
Bankly - Banking as a Service's lending and capital products are provided by Bankly (in-house).
Bankly - Banking as a Service connects to bank accounts through Bankly (in-house).
The Embedded Finance Index 2026 maps 6 layers in Bankly - Banking as a Service's stack: Payments / PSP (Bankly (self-operated)); Money movement (Pix); Banking / BaaS (Bankly (in-house)); Card issuing (Bankly (in-house)); Lending (Bankly (in-house)); Open banking (Bankly (in-house)).
Bankly - Banking as a Service is headquartered in São Paulo, Brazil.
Get a read on where your own stack stands against Bankly - Banking as a Service 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.