Banking.Foundation
Jurisdiction · BRL · Banco Central do Brasil

Brazil

Latin America's largest banking market. Pix, launched by the central bank in 2020, reached near-universal adoption and became a global reference for state-run instant payments, alongside a mandatory Open Finance regime.

Currency
BRL
Central bank
Banco Central do Brasil
Key regulators
Banco Central do Brasil · CVM · CMN
Deposit insurance
FGC, R$250,000
Open banking regime
Open Finance Brasil (mandatory)
Instant payments
Pix
Primary source
www.bcb.gov.br (central bank)
Providers headquartered here

None in covered set

Covered banks — Brazil

BankTypeRegulatorAssets ≈
NubankSão PauloDigitalCentral Bank of Brazil

Approximate reference data from public sources · seed-0.1 · 2026-08-28 · not real-time, not advice. See data & methodology.

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