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Articles from Inter&Co, Inc

Inter&Co Inc. Reports Year-Over-Year Net Income Growth of 57%
BELO HORIZONTE, Brazil, May 12, 2025 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to 37.7 million customers, today reported financial results for the first quarter of 2025.
By Inter&Co, Inc · Via GlobeNewswire · May 12, 2025
Inter&Co Inc. Reports Highest Ever Net Income of R$973M in 2024
BELO HORIZONTE, Brazil, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 36 million customers, today reported financial results for the fourth quarter of 2024.
By Inter&Co, Inc · Via GlobeNewswire · February 6, 2025
Inter&Co Inc. Reports Another Record Net Income of R$260M, And Remains On Track On Its Long-Term Plan
MIAMI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 34.9 million customers, today reported financial results for the third quarter of 2024.
By Inter&Co, Inc · Via GlobeNewswire · November 14, 2024
Inter&Co Inc. Reports Record Profit in Q2, Advances 60/30/30 Plan
BELO HORIZONTE, Brazil, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 33 million customers, today reported financial results for the second quarter of 2024.
By Inter&Co, Inc · Via GlobeNewswire · August 7, 2024
Moody's assigns debut AA+.br ratings to Inter, recognizing strong financial position
BELO HORIZONTE, Brazil, May 31, 2024 (GLOBE NEWSWIRE) -- Inter&Co (NASDAQ: INTR), the leading financial super app serving over 32 million customers across the Americas, is pleased to announce that Moody's has assigned Banco Inter in Brazil with first time AA+.br long-term issuer and deposit ratings, along with a stable outlook. These debut ratings from Moodys highlight Inter's strong financial position and reflect its expanding digital retail banking model and growth in profitability.
By Inter&Co, Inc · Via GlobeNewswire · May 31, 2024
Inter&Co doubles down on SMEs through acquisition of Granito
BELO HORIZONTE, Brazil, May 28, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), announces that Banco Inter S.A. entered into a share purchase agreement to acquire the remaining 50 percent of Granito, a merchant acquirer that provides financial services to more than 100,000 SMEs across Brazil. This transaction will bolster Inter's portfolio, generate operational synergies, and facilitate cross-selling opportunities within its robust financial super app.
By Inter&Co, Inc · Via GlobeNewswire · May 28, 2024
S&P reviews Banco Inter's outlook to Stable and reaffirms its "brAA+" rating
BELO HORIZONTE, Brazil, May 20, 2024 (GLOBE NEWSWIRE) -- Inter&Co (NASDAQ: INTR), the financial super app serving over 32 million customers across the Americas, announced today that S&P Global Ratings (S&P) has upgraded Banco Inter outlook to "Stable" and reaffirmed its "brAA+" local rating. In the report S&P stated that: "The stable outlook reflects our view that Inter&Co will continue to improve its profitability, providing greater stability to the business." 
By Inter&Co, Inc · Via GlobeNewswire · May 20, 2024
Inter&Co Inc. Reports Record Profit
BELO HORIZONTE, Brazil, May 09, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the premier financial super app that provides financial and digital commerce services to over 31 million customers, today reported financial results for the first quarter of 2024.
By Inter&Co, Inc · Via GlobeNewswire · May 9, 2024
Inter&Co Inc. Reports Record Profits, with R$352 Million in Net Income in 2023
BELO HORIZONTE, Brazil, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the premier Financial Super App that provides financial and digital commerce services to more than 30 million customers, today reported financial results for the fourth quarter of 2023.
By Inter&Co, Inc · Via GlobeNewswire · February 7, 2024
Inter&Co Secures Long-Term Naming Rights for Orlando’s Soccer-Specific Stadium
ORLANDO, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Inter&Co, a leading provider of financial and digital commerce services, Orlando City SC, and the Orlando Pride today announced a long-term agreement to name the teams’ home venue Inter&Co Stadium. In September, Inter&Co became the Official Financial Institution of Orlando’s Major League Soccer and National Women’s Soccer League teams.
By Inter&Co, Inc · Via GlobeNewswire · January 18, 2024
Inter&Co Announces Commencement of Follow-on Public Offering of its Class A Common Shares
NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- INTER & CO, INC. (NASDAQ: INTR; B3: INBR32) (“Inter&Co” or the “Company”) announced, on the date hereof, the commencement of a follow-on public offering of up to 32,000,000 of its Class A common shares, which are being offered by the Company (the “Offering”) pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). In connection with this Offering, the Company has granted the underwriters the option to purchase up to 4,800,000 additional Class A common shares. Inter&Co’s shareholders do not have any right of preference or priority to subscribe for shares under the Offering.
By Inter&Co, Inc · Via GlobeNewswire · January 16, 2024
Inter&Co presents new brand and consolidates position as financial Super App
New branding positions the company as a smart choice for people's financial lives, connecting the brand with a new moment for the company.
By Inter&Co, Inc · Via GlobeNewswire · December 20, 2023
Inter&Co Surpasses 30 Million Clients, Accelerating Growth Toward Its Five-Year Business Plan
Significant client increase driven by superior app experience and the convenience of meeting financial and commercial needs in one place
By Inter&Co, Inc · Via GlobeNewswire · December 5, 2023
Inter&Co Inc. Reports Record Third-Quarter 2023 Net Income of R$104 Million
BELO HORIZONTE, Brazil, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the premier Super App that provides financial and digital commerce services to more than 29 million customers, today reported financial results for the third quarter of 2023.
By Inter&Co, Inc · Via GlobeNewswire · November 6, 2023
Inter&Co Announced as Official Financial Institution of Orlando City SC and Orlando Pride
City and Pride fans to receive exclusive opportunities as Brazil-based organization makes first major investment in America sporting landscape
By Inter&Co, Inc · Via GlobeNewswire · September 14, 2023
Inter&Co, Inc Reports Record-Breaking Second Quarter 2023 Financial Results
BELO HORIZONTE, Brazil, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 28 million customers, today reported financial results for its second quarter ended June 30, 2023. The complete earnings release has been provided on the company’s Investor Relations website at https://investors.inter.co/en/. 
By Inter&Co, Inc · Via GlobeNewswire · August 14, 2023
Inter&Co Announces New Senior Management Structure
BELO HORIZONTE, Brazil, July 05, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (NASDAQ: INTR | B3: INBR32), the premier Super App in the Americas that provides financial and digital commerce services to more than 26 million customers, announces today a new senior management structure that will enable the Company to be better prepared to continue succeeding in the future.
By Inter&Co, Inc · Via GlobeNewswire · July 5, 2023
Inter&Co Marks One Year on Nasdaq
With 1.7 million global users in one year since its Nasdaq listing, Inter&Co lays out its plans for the future
By Inter&Co, Inc · Via GlobeNewswire · June 23, 2023
Inter&Co elects Claudia Farkouh Prado to Board of Directors
BELO HORIZONTE, Brazil, June 05, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, today announced the appointment of Claudia Farkouh Prado to its board of directors. Claudia brings over 25 years of expertise in law, M&A, corporate leadership, value creation, and risk management. 
By Inter&Co, Inc · Via GlobeNewswire · June 5, 2023
Inter&Co Wins Two IFLR Americas 2023 Awards Recognizing Legal Innovation
BELO HORIZONTE, Brazil, May 22, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, has been recognized as a winner of the IFLR Americas 2023 award for two categories: the "In-house: Market Makers" category honoring General Counsel and Chief Governance and Compliance Officer Ana Luiza Vieira Franco Forattini, and the “Deal of the year: Equity” category for Inter & Co’s Nasdaq listing in the US – a first for Brazil and an achievement in cross-border restructuring.
By Inter&Co, Inc · Via GlobeNewswire · May 22, 2023
Inter&Co Announces that FINRA Approved Inter&CO Securities LLC to Operate as a US Broker During Nasdaq’s Opening Bell Ceremony
Inter can now offer a diverse range of international investment products to over 26 million customers, including fixed income assets, funds, managed portfolios, and advisory services
By Inter&Co, Inc · Via GlobeNewswire · May 12, 2023
Inter&Co, Inc Reports First Quarter 2023 Financial Results
BELO HORIZONTE-MG, Brazil, May 08, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, today reported financial results for its first quarter ended March 31, 2023. The full earnings release has been made available on the Company’s Investor Relations website at ri.bancointer.com.br.
By Inter&Co, Inc · Via GlobeNewswire · May 8, 2023
Inter&Co, Inc Reports Fourth Quarter and Full Year 2022 Financial Results
BELO HORIZONTE-MG, Brazil, March 13, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (NASDAQ: INTR | B3:INBR32), the holding company of Inter Group, which offers the premier Super App providing financial and digital commerce services to more than 25 million customers, today reported financial results for its fourth quarter ended December 31, 2022 and full year 2022. The full earnings release has been made available on the Company’s Investor Relations website at ri.bancointer.com.br.
By Inter&Co, Inc · Via GlobeNewswire · March 13, 2023
Inter&Co does not have exposure to Silicon Valley Bank
BELO HORIZONTE, Brazil, March 13, 2023 (GLOBE NEWSWIRE) -- Inter&Co, INC (Nasdaq: INTR e B3: INBR32) (“Inter&Co” ou “Company”) informs its shareholders and the market that the Company and its subsidiaries do not have any exposure or business relationship with Silicon Valley Bank. 
By Inter&Co, Inc · Via GlobeNewswire · March 13, 2023
Inter&Co Announces New Members to Its Board of Directors
Antonio Kandir, Lorival Luz and Todd Chapman join Inter&Co’s Board of Directors
By Inter&Co, Inc · Via GlobeNewswire · February 16, 2023
Inter&Co Acquires YellowFi to Expand its Product Offering in the US
BELO HORIZONTE, Brazil, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Inter&Co (NASDAQ: INTR | B3:INBR32), the holding company of Inter Group, which offers the premier Super App in the Americas providing financial and digital commerce services to more than 25 million clients in Brazil and the US, announces the acquisition of 100% of the share capital of YellowFi Mortgage LLC and YellowFi Management LLC (jointly “YellowFi”).
By Inter&Co, Inc · Via GlobeNewswire · February 7, 2023
Inter&Co Stock Liquidity Update
BELO HORIZONTE, Brazil, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Inter&Co (“Company”) (Nasdaq: INTR and B3: INBR32), the premier Super App in the Americas providing financial and digital commerce services to more than 25 million customers in Brazil and the US, informs that StoneCo announced today that it has sold 16,829,094 shares of Inter&Co, the totality of StoneCo's remaining stake in the Company, representing 4.20% of Inter&Co total shares. The sale of these shares in the open market may contribute to an increase in liquidity in Inter&Co shares.
By Inter&Co, Inc · Via GlobeNewswire · February 1, 2023
Inter&Co, Inc Reports Third Quarter 2022 Financial Results
BELO HORIZONTE-MG, Brazil, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Inter&Co (NASDAQ: INTR | B3:INBR32), a leading Brazilian Super App offering financial and nonfinancial services, reported today financial results for its third quarter ended September 30, 2022. Financial results are expressed in Brazilian reais and are presented under IFRS (International Financial Reporting Standards). The full earnings release has been made available on the Company’s Investor Relations website at ri.bancointer.com.br/intereco.  
By Inter&Co, Inc · Via GlobeNewswire · November 8, 2022