Frente Corretora
“Can a Brazilian FX broker become the embedded cross-border-payments rail (PIX-in/out, white-label remittance) for global merchants and fintechs entering Brazil?”
HQSão Paulo, Brazil
IndustryFintech / Cross-border payments
The story
Frente Corretora began as a small São Paulo currency-exchange house and reinvented itself as one of Brazil's leading FX fintechs, building the white-label 'Simple' eFX-as-a-Service platform and the 'Hub Integrado eFX' / 'Comm.pix' international PIX product for cross-border merchants. It positioned itself as B2B2C infrastructure for fintechs, banks, and global merchants entering Brazil. On 30 April 2026, the Brazilian Central Bank decreed extrajudicial liquidation, ending operations.
Product timeline
2019
Partnered with Nium for cross-border payouts to support international remittance product.· banking
2020
Public partnership with Ripple for FX/remittance technology.· banking
2026
Banco Central do Brasil decreed extrajudicial liquidation (Ato do Presidente nº 1.385, 30 April 2026); operations and digital channels suspended.· pivot
Regulated entities
1
regulatory licence held by Frente Corretora
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
7 layers disclosed in Frente Corretora’s embedded-finance stack
Payments / PSP
Frente Hub Integrado eFX (self-operated)Comm.pix / PIX Internacional (self-operated)
Money movement
in the full report
Banking / BaaS
in the full report
Lending
in the full report
Unified APIs
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: none
12 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.