“Can a Brazilian receivables/billing gateway evolve into a full digital bank owning the SMB financial stack in Brazil?”
Founded 2007 in Ouro Preto, Brazil as Gerencianet — a receivables/billing platform focused on boletos and later Pix for SMBs and developers. Rebranded to Efí Bank to become a full digital bank offering personal and business accounts, credit cards, and payment APIs. Today the company issues 130M+ billings per year and serves ~290k customers across Brazil, competing with local PSPs and neobanks in the Brazilian Pix/boleto/card acceptance market.
Gerencianet discloses Efí Bank (in-house) as its banking provider, according to the Embedded Finance Index 2026.
Gerencianet does not disclose a bank charter of its own; its banking services are provided through Efí Bank (in-house).
Gerencianet processes payments through Gerencianet / Efí Bank (self-operated). Disclosed money-movement rails: Pix.
Gerencianet's cards are issued through Efí Bank (in-house).
The Embedded Finance Index 2026 maps 4 layers in Gerencianet's stack: Payments / PSP (Gerencianet / Efí Bank (self-operated)); Money movement (Pix); Banking / BaaS (Efí Bank (in-house)); Card issuing (Efí Bank (in-house)).
Gerencianet is founded in 2007 and headquartered in Ouro Preto / São Paulo, Brazil.
Get a read on where your own stack stands against Gerencianet 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.