Inter has received regulatory approval from the Florida Office of Financial Regulation (OFR) and the Federal Reserve (FED) to establish a state-licensed international banking branch in Florida, marking a significant milestone in its international expansion. The approval authorizes Inter to establish a Florida branch based in Miami, expanding the company's cross-border capabilities and broadening its range of financial services for individuals and businesses. With this authorization, Banco Inter joins a select group of international institutions permitted to operate a U.S. banking branch.
The new operation will serve as a digital-first banking hub, connecting clients across borders with enhanced speed, security, and transparency. The U.S. branch will enable Inter to optimize its global franchise through a more efficient funding mix, lower servicing costs, improved user experience, and faster time to market for new products. The branch will offer regulated credit and banking products tailored to both U.S. and non-U.S. residents.
The branch will support international businesses operating in the U.S. with compliant, technology-driven financial services. The branch will strengthen its U.S. presence to better serve the region's growing international and multicultural communities.
