MarketBanco BV (Brazil)
Company Profile

Banco BV (Brazil)

Banco BV is the seventh largest bank in Brazil. It operates in the wholesale, retail, treasury, asset management and brokerage fields, and was founded in 1988. Its headquarters are located in São Paulo, Brazil.

"Bank as a Service"
Banco BV started in the Bank as a Service segment in January 2022, when it made a capital contribution to S3 Bank ("Banking as a Service" (BaaS) platform, which offers integrated financial and payment solutions for modular way), becoming a minority shareholder of this fintech, and boosting the presence of banco BV in this segment, which has gained the attention of traditional banks. In August 2022, after the financial contribution from Banco BV, S3 Bank started a new partnership. It implemented its products with the solar kit distributor Genyx Solar Power and created Banco Genyx, a digital bank focused on the solar energy segment. The partnership was made public during Intersolar South America 2022 (South America's largest fair for the solar sector). ==References==
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