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Applicant name: Inter&Co
Applicant Type: Public Company
Website: www.bancointer.com.br/en/
Headquarter City: Belo Horizonte
Headquarter Country: Brazil
Innovation Name: Inter Super App
Innovation Type: Product
Category: Fintech Making a Difference
Status of Innovation: In-Market
Innovation Active Since: 11/07/2019

Innovation Description: Inter is a leading Super App, and the first Super App in the western world, offering financial and non-financial services to more than 22 million customers in Brazil and the US. We were founded in 1994 as Intermedium Financeira and in 2015 we transformed our business with the mission to improve financial inclusion, seeking to deliver user-friendly digital finance products to underserved communities in a single app. Over time, we evolved from a neobank to a Super App, offering financial and non-financial services in a full-service digital ecosystem that aims to simplify people’s lives in each of our six verticals: banking, credit, investments, insurance, shopping, and cross-border services, including remittances.

We have created significant momentum and are on the path for international expansion. Last year, we expanded our Super App offerings in the US with the acquisition of remittance fintech company formerly known as USEND and in June, we transferred our listing to NASDAQ, strengthening our position as a global technology company.

We continue to be driven by financial inclusion. Our mission is to simplify people’s lives, and we do this through our Super App, which is a complete ecosystem of services that expands beyond financial services. A combination of data, recurrence, payments and credit that equals a unique digital platform. One single mobile app can offer an entire suite of lifestyle services. At the same time, we are addressing financial inclusion by focusing on the unbanked and underbanked markets.

TEAM MEMBERS

Full Name: Masha Toulokhonova
Role: Communications Agency on Behalf of Inter&Co

Full Name: Lucia Domville
Role: Communications Agency on Behalf of Inter&Co

Full Name: Fabiane Goldstein
Role: Communications Agency on Behalf of Inter&Co

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