← Embedded Finance Index 2026

Teddy Open Finance

“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?”

Founded2022
HQSão Bernardo do Campo, São Paulo, Brazil
Latest roundSecondary - Private
IndustryInfrastructure / Lending
The story

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).

Last 12 months
—
Product timeline
2022
Founded to give autonomy and technology to independent banking professionals and investment advisors· pivot
2024
Evolved into an Infratech fintech connecting banks, fintechs and credit originators with white-label credit infrastructure· pivot
2025
Launched SAM IA, a conversational AI assistant for credit operations (WhatsApp/Web)· banking
Regulated entities
1
regulatory licence held by Teddy Open Finance
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Teddy Open Finance’s embedded-finance stack
Payments / PSP
Split de Pagamento (self-operated)
Lending
in the full report
Open banking
in the full report
Accounting gap: none
7 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.