BS2
“Can a Brazilian digital bank become the go-to financial infrastructure layer for SMBs needing credit, FX, and payments in the LATAM corridor?”
HQSão Paulo, Brazil
IndustryFintech / SMB banking
The story
Banco BS2 is a Brazilian digital bank specializing in fintech solutions for businesses, particularly SMBs. The bank has historically focused on B2B financial services including credit, FX, and payments infrastructure. BS2 also had a longstanding association with Adiq, an acquiring business founded in 2015, which eventually became an independent entity. In 2024, BS2 expanded its international reach by partnering with Nium for global FX settlements and real-time cross-border payouts, particularly targeting Brazil–China and Brazil–UAE corridors.
Product timeline
2015
BS2 partnered with and helped found Adiq, an acquiring business that operated for six years in association with Banco BS2.· banking
2019
Adiq (associated with BS2) launched Acquirer as a Service vertical.· pivot
2024
BS2 chose Nium to support global FX settlements and real-time payouts, and joined Nium's network as a BRL Correspondent Bank.· banking
Regulated entities
1
regulatory licence held by BS2
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in BS2’s embedded-finance stack
Lending
Limite Empresarial (revolving business credit line / business overdraft)Antecipa Cartão (card receivables financing)FX trade finance operations
Unified APIs
in the full report
FX & payouts
in the full report
Accounting gap: none
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.