Banco Inter news and trends

Banco Inter to Gain Full Ownership of Merchant Acquirer Granito
Acquisitions // May 28, 2024

Brazilian bank Banco Inter, a business unit of Inter&Co, plans to acquire the remaining 50% of merchant acquirer Granito, giving it full ownership of the company. Granito, which provides financial services to more than 100,000 small- to medium-sized businesses across Brazil, will be renamed Inter Pag, Inter&Co said...

A ‘Crypto-Friendly Super App for Global Citizens’ Is Now a Thing
Digital Banking // September 08, 2021

So-called global citizens, who do business in more than one country, have a very specific set of needs when it comes to financial services. With most banks targeting people who tend to stay in one place, and neobanks being primarily oriented toward consumers, the opportunity...

Banco Inter Acquires FinTech Startup USEND
Partnerships / Acquisitions // August 27, 2021

Brazilian digital bank Banco Inter SA has reached an agreement to acquire FinTech startup USEND as part of its plan to reach beyond its South American borders, according to a securities filing, MarketScreener reported Friday (Aug. 27). USEND offers foreign exchange transactions, payments wallets, debit...

Brazil’s Banco Inter Teams With Alibaba, Nike, Others For eCommerce App
International // November 07, 2019

Brazilian Lender Banco Inter is launching an app to give its clients direct access to more than 60 online stores, according to Reuters. The company is moving beyond simply offering free checking accounts in an attempt to attract more customers, and also to grow profit...

Interviews & Exclusives
A ‘Crypto-Friendly Super App for Global Citizens’ Is Now a Thing

September 08, 2021
So-called global citizens, who do business in more than one country, have a very specific set of needs when it comes to financial services. With most banks targeting people who tend to stay in one place, and neobanks being primarily oriented toward consumers, the opportunity to serve this global niche is looking like a great […]

Quick Reads
Banco Inter to Gain Full Ownership of Merchant Acquirer Granito

May 28, 2024
Brazilian bank Banco Inter, a business unit of Inter&Co, plans to acquire the remaining 50% of merchant acquirer Granito, giving it full ownership of the company. Granito, which provides financial services to more than 100,000 small- to medium-sized businesses across Brazil, will be renamed Inter Pag, Inter&Co said in a Tuesday (May 28) press release. The transaction is […]

Banco Inter Acquires FinTech Startup USEND

August 27, 2021
Brazilian digital bank Banco Inter SA has reached an agreement to acquire FinTech startup USEND as part of its plan to reach beyond its South American borders, according to a...

Brazil’s Banco Inter Teams With Alibaba, Nike, Others For eCommerce App

November 07, 2019
Brazilian Lender Banco Inter is launching an app to give its clients direct access to more than 60 online stores, according to Reuters. The company is moving beyond simply offering...

Uber To Team With Brazil’s Banco Inter For Financial Services

October 13, 2019
A source has revealed that Brazilian lender Banco Inter SA is currently in discussions with Uber about partnering in financial services. The move is another move by Japan’s SoftBank Group...