INTR Stock Discussion

Inter&Co Description

Inter&Co is the holding company of Inter Group and indirectly holds all of Banco Inter's shares. Inter&Co evolved from a digital bank to a Super App that simplifies people's lives, where everything is integrated in a single app. Inter offers a complete range of services in banking, investments, credit, insurance and cross-border services, in addition to a marketplace that brings together the best retailers in Brazil and the United States. The company reached 20 million customers in May 2022, and has around 3 million active customers at Inter Shop, surpassing R$ 3.9 billion in Gross Merchandise Value (GMV) as of the last twelve months. As of March 31, 2022, Inter had an expanded credit portfolio of R$19.8 billion, shareholders' equity of R$8.5 billion, R$38.5 billion in total assets and nearly R$60 billion in assets under custody (AuC). Inter's customers already have the ability to trade shares listed on US-based stock exchanges through its international trading platform hosted within the Super App. More than 50,000 accounts have been opened since the launch.

Sector: Financial Services
Industry: Banks - Regional
Keywords: Banking Ibex 35