“Can Transfero become the single API layer connecting global companies to Latin American financial rails — fiat and crypto — without requiring a local banking license?”
Founded in 2015 as Brazil's first crypto payment gateway ('Bit.One'), Transfero merged with its Swiss entity in 2017 and relocated to Zug to gain a regulated, global-expansion foundation. The 2019 creation of BRZ — the leading BRL-backed stablecoin — transformed Transfero from a gateway into liquidity infrastructure. By 2020 it had begun building BaaSiC, a Banking-as-a-Service API layer that lets global companies embed Brazilian payment rails (Pix, accounts, KYC) and crypto services without needing a local Brazilian banking license, cementing its positioning as crypto-native embedded finance infrastructure for Latin America and cross-border corridors.
Transfero discloses Transfero BaaSiC (self-operated) as its banking provider, according to the Embedded Finance Index 2026.
Transfero does not disclose a bank charter of its own; its banking services are provided through Transfero BaaSiC (self-operated).
Transfero processes payments through Transfero BaaSiC (self-operated). Disclosed money-movement rails: Pix.
Transfero uses Transfero Rails (self-operated) for FX and cross-border payouts.
Transfero's crypto products run on Transfero (self-operated).
The Embedded Finance Index 2026 maps 5 layers in Transfero's stack: Payments / PSP (Transfero BaaSiC (self-operated)); Money movement (Pix); Banking / BaaS (Transfero BaaSiC (self-operated)); FX & payouts (Transfero Rails (self-operated)); Crypto (Transfero (self-operated)).
Transfero is founded in 2015 and headquartered in Zug, Switzerland (operational HQ: Rio de Janeiro, Brazil).
Get a read on where your own stack stands against Transfero 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.