Jul. 4 at 2:01 AM
Inter & Co. says its strategy of prioritizing profitable, disciplined growth over the fintech industry's "growth at all costs" model is paying off, as the Brazilian digital bank has expanded from 18 million customers at its 2022 Nasdaq listing to more than 44 million while delivering record profits in 2025. CFO Santiago Stel told the company's long-term strategy is now centered on its "Rule of 50," which targets a combined annual revenue growth rate and return on equity (ROE) of at least 50%, with a long-term ROE goal of 28%-30% by 2029.
Inter recently received regulatory approval to open a banking branch in Miami, allowing it to serve Brazilian, Argentine, and other international customers with remittances, mortgages, cards, and brokerage services while lowering its global funding costs. Stel said the bank's competitive advantage lies in its low-cost deposit base.
$INTR