“Can the operator of Brazil's largest shared ATM network reinvent itself as the country's neutral open-finance and CBDC infrastructure layer?”
Tecban was founded in 1982 as the operator of Banco24Horas, Brazil's largest shared ATM network. From 2019 onwards it explicitly pivoted from being a pure interbank/cash-logistics utility toward embedded financial infrastructure: HubDigital opened Banco24Horas to fintechs via APIs, Open Finance Tecban productized Brazil's open banking regulation as a service (built with Ozone API), and the company is now a lead participant in Brazil's DREX CBDC pilots. The 2025 AWS migration and rebrand mark its repositioning as a digital-and-physical infrastructure provider for the Brazilian financial ecosystem.
Tecban discloses Banco24Horas / HubDigital (self-operated) as its banking provider, according to the Embedded Finance Index 2026.
Tecban does not disclose a bank charter of its own; its banking services are provided through Banco24Horas / HubDigital (self-operated).
Tecban processes payments through Banco24Horas (self-operated) and HubDigital (self-operated).
Tecban connects to bank accounts through Ozone API and Open Finance Tecban (self-operated).
Tecban's crypto products run on Parfin and Foxbit.
The Embedded Finance Index 2026 maps 4 layers in Tecban's stack: Payments / PSP (Banco24Horas (self-operated) and HubDigital (self-operated)); Banking / BaaS (Banco24Horas / HubDigital (self-operated)); Open banking (Ozone API and Open Finance Tecban (self-operated)); Crypto (Parfin and Foxbit).
Tecban is founded in 1982 and headquartered in Barueri, São Paulo, Brazil.
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