Inter: Simplifying lives and breaking down financial barriers

Imagine living in a world where managing your financial life is simple. Well, that's the reality of millions of Brazilians.

Inter has built a solid presence in Brazil with over 26 million clients and a Super App with multiple financial and non-financial services and products. The clients have access to a variety of solutions, such as banking, investments, credit, insurance, and cross-border services, in addition to a marketplace that brings together the best brands in Brazil and in the United States.

Among our range of offerings, there's a mass payment process that provides businesses with a streamlined solution to make multiple payments in Brazil through a single integration. This service offers attractive exchange rate and fees, which enables millions of beneficiaries to receive real-time payments in local currency through Pix (Brazilian system of instant payments) with minimal bureaucracy and no friction.

Our latest release is focused on our business customers. Inter Business is a complete platform to internationalize a business. Within this exclusive and user-friendly platform, customers can easily make their cross-border transactions.

However, besides the considerable advance of the country in terms of technological innovation, a study conducted in 20211 revealed that around 21% of Brazilians either don't have a bank account or don’t use it frequently. That's an interesting number that boosts our goal to reach even more people with our app, changing the way they deal with their finances.

Furthermore, there're other challenges that catch Inter's attention, such as the remittance scenario around the world. Every year, the cost of sending money home for Latin Americans who live abroad increases dramatically. Besides that, emigrants face delays, high fees, and other insecurities when managing their money internationally.

Inter knows this reality and is focused on enhancing the accessibility and affordability of banking services for all individuals and businesses. With nearly 30 years of experience in the Brazilian financial market, we are expanding internationally.

In 2022 Inter strengthened its global presence by becoming a Nasdaq-listed company. Today, we're present in Brazil, Canada, and in the US, but we aim higher with the goal of making all the various features of our app available to the world.

Our international app enables users to move their money across borders with a few clicks. The app has more than 60 corridors, customer service in 3 languages (English, Portuguese, and Spanish), a 24/7 remittance service, and an online shopping section with cashback.

We're making ourselves present in the life of our customers and, to enhance our relationship with them and showcase our capabilities, we have attended major events with a team of experts in remittances. We also continue to evolve and innovate, aiming to break barriers and provide unique financial solutions to democratize access to banking services worldwide.

If you want to be part of this orange revolution, we invite you to meet us at upcoming events and download our app. It will be a pleasure to meet you!

Join us on this journey!

Aloísio Matos FX & Cross-border Executive Director, Inter Rafael Martins Cross-border Operations Analyst, Inter