Inter&Co

Inter&Co is a Brazilian fintech company providing banking and financial services in Brazil and the United States.^{[1][2][3][4][5]}

History

Inter&Co was co-founded on January 26, 1994, by Brazilian billionaire Rubens Menin in Belo Horizonte, Brazil.^[6][7][8] Originally established as a traditional bank in the 1990s, the company transitioned into a digital bank by 2015.^[9] 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.^{[10][11][12][13][14][15][16]}

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.^[17][18] By 2024, the company reported having over 36 million clients, representing a 24% increase compared to the previous year.

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.^[19] 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.^[20][21]