Business

Banco Inter to offer delivery service within its app

The service will launch in early March in a partnership with the startup Delivery Center

Brazilian fintech Banco Inter app on smartphone
Photo: Screenshot/Banco Inter
  • In a partnership with the startup Delivery Center, Banco Inter will offer a delivery service within its application in yet another effort to become a superapp;
  • The neobank has currently five main operations: banking services, credit, insurance, investments, and e-commerce.
  • Banco Inter ended 2020 with 8.5 million account holders.

Brazilian neobank Banco Inter is likely to launch a delivery service as soon as early March, according to information from Brazilian news outlet Estadão.

The feature will be part of the bank’s app, in yet another effort to bring more non-financial services to the platform aiming at a superapp strategy. Currently, Inter has five main operations: banking services, credit, insurance, investments, and e-commerce.

READ ALSO: The rise of super-apps wannabes in Latin America: Rappi, Magalu and more

The service will launch in partnership with the company Delivery Center, a startup founded in 2016 in the Brazilian southern city of Porto Alegre that is particularly focused on deliveries for restaurants and shopping malls.

Banco Inter ended 2020 with 8.5 million account holders, twice as much as it had a year earlier.

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