Zoop, a leading fintech in technology for financial services in the Brazilian B2B market, has received authorization from the Brazilian Central Bank to act as a Payment Institution.
The company now has direct access to the Brazilian Payment System (SPB) and the Instant Payment System (SPI), which will enable the development of new financial services infrastructure solutions.
“By obtaining this license, Zoop will be able to offer more comprehensive and personalized financial solutions to customers and partners, meeting growing market demands. This achievement also strengthens our position as a leader in the B2B financial services sector,” says Fabiano Cruz, CEO and founder, Zoop.
Recognized for providing a complete “fintech as a service” tailor-made platform for financial and non-financial institutions, Zoop pitches cutting-edge technology combined with full regulatory compliance – offering hundreds of APIs spanning payments, banking, credit and dozens of advanced SDKs.
The company’s approach allows clients such as global scale customers as Nubank, iFood, Banco Itaú, Elo7, OLX, Infracommerce, WeWork, Invisalign and more than 700 other business partners to create, supply and manage their own financial services brands in a personalized manner, spanning banking and payment solutions.
The company has also made a name for itself in the financial market with several recent projects, including the development of the technological infrastructure for financial services for the iFood Restaurant Bank, the implementation of payment solutions for Itaú Shop and the development of the “tap-to-pay” solution for Nubank.