“Can a Brazilian card issuing processor become the dominant BaaS and issuer-processing infrastructure layer for Latin America?”
Conductor is a Latin American card issuing processor and banking-as-a-service software platform headquartered in São Paulo. The company operates a cloud-native, open-API stack that spans card issuer processing, BaaS, and digital banking services, powering fintechs, banks, retailers, and enterprises across LatAm. Visa is a strategic investor, and the 2020 Viking-led round signaled a push to scale internationally beyond Brazil.