“Can a 20-year-old bank-connectivity middleware reinvent itself as the AI-agent operating system for Brazilian corporate treasury via Open Finance?”
Finnet started in 2003 as a bank-connectivity / EDI-CNAB translation layer for Brazilian corporates — a middleware helping treasurers move files between ERPs and 120+ banks. Since 2016 it has expanded via a holding structure (adding card-reconciliation and fiscal-compliance companies), and more recently positioned itself as the only connectivity company directly participating in Open Finance Brasil at BACEN, holding an ITP payment-initiator license. In 2026 it is repositioning around agentic AI for corporate finance, layering an AI 'foundation' on top of its Open Finance corporate rails.
Finnet processes payments through Finnet Luna (self-operated) and Finnet Cobrança / BolePix (self-operated). Disclosed money-movement rails: Pix.
Finnet connects to bank accounts through Finnet (self-operated ITP).
Finnet integrates with ERPs (generic native integration), CNAB file translation, API<>API and API<>CNAB.
The Embedded Finance Index 2026 maps 5 layers in Finnet's stack: Payments / PSP (Finnet Luna (self-operated) and Finnet Cobrança / BolePix (self-operated)); Money movement (Pix); Lending (Crédito (credit offers surfaced via Open Finance from banks, fintechs and FIDCs)); Open banking (Finnet (self-operated ITP)); Accounting (ERPs (generic native integration), CNAB file translation, API<>API and API<>CNAB).
Finnet is founded in 2003 and headquartered in São Paulo, Brazil.
Finnet's acquisitions include Conciliadora.
Get a read on where your own stack stands against Finnet 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.