“Can a Brazilian correspondent-bank platform become the default Infratech layer that lets any originator, fintech or bank launch and scale credit without building legacy stacks?”
Teddy launched in 2022 as a platform for independent bankers and investment advisors in Brazil, giving them autonomy to sell financial products across multiple institutions rather than one bank's shelf. Realizing that banks and fintechs shared the same origination and distribution pain, Teddy pivoted to become 'Infratech' — a white-label credit infrastructure connecting originators, banks, INSS/SIAPE/CLT payroll rails and CIP (Nuclea) into one workflow. Today its core products are credit APIs, payment split, white-label origination, and an AI ops assistant (SAM IA).
Teddy Open Finance processes payments through Split de Pagamento (self-operated).
Teddy Open Finance's lending and capital products are provided by Teddy API de Crédito (in-house).
Teddy Open Finance connects to bank accounts through Open Finance Brasil (regulatory rail).
The Embedded Finance Index 2026 maps 3 layers in Teddy Open Finance's stack: Payments / PSP (Split de Pagamento (self-operated)); Lending (Teddy API de Crédito (in-house), API de Crédito, Consórcio (real estate, vehicles, machinery), Vehicle financing and 2 others); Open banking (Open Finance Brasil (regulatory rail)).
Teddy Open Finance is founded in 2022 and headquartered in São Bernardo do Campo, São Paulo, Brazil.
Get a read on where your own stack stands against Teddy Open Finance 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.