← Embedded Finance Index 2026

F1RST Digital Services

Can Santander Brasil's in-house tech company deliver banking software at fintech speed for a 60M+ customer ecosystem?

HQSão Paulo, Brazil
IndustryInfrastructure / Captive Tech (Santander Brasil)
The story

F1RST Digital Services is the captive technology arm of Santander Brasil, building software and digital solutions for the Santander Brasil ecosystem of 60M+ customers and 55k+ employees. It is not a standalone embedded-finance vendor — it is an internal tech shop for a chartered bank. Public marketing focuses on engineering culture, careers, and antifraud/data engineering rather than external product/vendor disclosures.

Last 12 months
The stack
1 layer disclosed in F1RST Digital Services’s embedded-finance stack
Banking / BaaS
Banco Santander (Brasil) S.A. (in-house)
Accounting gap: none