This article contains promotional content. (July 2025) |
Inter&Co is a Brazilian fintech company based in Belo Horizonte, Minas Gerais.[1][2] It is active in Brazil and the United States.[3][4]
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Company type | Public |
|---|---|
| Industry | |
| Predecessor | Banco Inter S.A. (formerly Banco Intermedium S.A.) |
| Founded | 1994 in Belo Horizonte, Brazil (as Intermedium CFI) |
| Founders | Rubens Menin and the Menin family |
| Headquarters | , |
Area served | Brazil, United States |
Key people |
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| Subsidiaries |
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| Website | inter |
History
editInter&Co was co-founded on January 26, 1994, by Brazilian billionaire Rubens Menin in Belo Horizonte, Brazil.[5] Originally established as a traditional bank in the 1990s, the company transitioned into a digital bank by 2015.[6] Since then, it has expanded its offerings beyond traditional banking services to include a digital banking super app, which provides services such as money transfers, bill payments, savings, investments, and shopping rewards.[7]
In 2023, Inter&Co set up its U.S. headquarters in Miami and completed the acquisition of Granito in 2024 to enhance its operations in the U.S. market. On July 17, 2024, Alexandre Riccio was appointed as CEO of Inter&Co Brazil, with João Vitor Menin transitioning to the Global CEO role.[8][9]
On September 14, 2023, Inter&Co announced a partnership with Orlando City SC and Orlando Pride to become their official financial services provider. This marked the company's first collaboration with an NWSL club and its second with an MLS team, following a partnership with New York City FC in 2022.[10] As part of this initiative, Exploria Stadium was renamed Inter & Co Stadium under a one-year naming rights agreement. This made Inter&Co the first Latin American financial institution to secure naming rights for a major U.S. stadium.[11][12]
References
edit- ↑ "Inter&Co ultrapassa 30 milhões de clientes, alta de 24% em relação a 2022". CNN Brasil (in Brazilian Portuguese). 5 December 2023. Retrieved 2024-07-13.
- ↑ Aldaya, Francisco (November 5, 2024). "Inter&Co Sets Eyes on Rest of LatAm, Europe After US Expansion". Bloomberg Línea.
- ↑ "Brazilian fintech stamps its brand on Orlando soccer stadium". American Banker. January 22, 2024.
- ↑ "Inter&Co open first US location in Orlando". www.bizjournals.com. Retrieved 2024-07-13.
- ↑ "For Joao Vitor Menin Digital Banking Bears No Limits as Inter&Co Grows Into a Nearly $3B NASDAQ Listed Company". CSQ. 11 July 2024. Retrieved 2024-07-13.
- ↑ "Ex-Morgan Stanley Banker Becomes CFO of Fintech He Took Public". Bloomberg.com. 2023-08-09. Retrieved 2025-01-14.
- ↑ "Brazilian fintech bank expands headquarters in Miami (Photos)". www.bizjournals.com. 2024-11-04. Retrieved 2025-01-14.
- ↑ July 2024, 17th (July 17, 2024). "Digital challenger Inter promotes SVP Alexandre Riccio to Brazil CEO - FinTech Futures: Fintech news". www.fintechfutures.com.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ↑ Cancel, Daniel (July 10, 2024). "Inter Taps Alexandre Riccio to Lead Brazil Operations". BNN Bloomberg.
- ↑ "Orlando City, dos Estados Unidos, anuncia parceria com o Inter&Co". Rádio Itatiaia. September 14, 2023.
- ↑ "Inter&Co Secures Long-Term Naming Rights for Orlando's Soccer-Specific Stadium | Orlando City". orlandocitysc.
- ↑ Meredith, Michelle (January 19, 2024). "Orlando's soccer stadium gets a new name". WESH.