Inter&Co reports Q3 revenue R$2.2B vs. R$2B last quarter

Added a record 1.2 million new active clients in the quarter, bringing the total active client base to 24 million, a testament to the platform’s compelling value proposition. Joao Vitor Menin, Global CEO of Inter&Co, commented: “Ten years after launching the first digital banking account in Brazil, we have built an ecosystem that consistently delivers value to our customers, drives outstanding growth, and reflects our disciplined approach to sustainable profitability.” He highlighted that: “We are celebrating our journey and designing our future. We have a clear pathway toward achieving 60 million clients, a 30% efficiency ratio, and 30% ROE. These long-term targets underscore the scalability of our platform and the quality of our execution.”