alt.bank

alt.bank raised as a neobank for the unbanked in 2021. The live company sells credit infrastructure. Do not open a salary account here. Compare Nubank or Agibank for that.

alt.bank (altbank.ai) is a São Paulo credit-infrastructure shop. Series A from Union Square Ventures in 2021. The consumer unbanked app is not the 2026 product. This desk keeps the name so stale roundups cannot pretend it is still a current account.

alt.bank lists Credit + card infrastructure for other brands — not a retail current account under BCB / partner stack in Brazil. On safeguarding we currently write: Not a retail FGC current account. This is credit/card rails for companies that want a white-label programme.. Holder / issuer line: Programme / partner licences — confirm per issuer. An AML programme is claimed. There is no IBAN-class local rail on the flags we store. We list 1 live markets on the product. As we score the sticker: monthly B2B programme pricing; FX N/A; ATM N/A. This desk would open it for: Brazilian companies that want to issue credit cards without becoming a bank.

What it does well: Honest pivot; USV-era team still in credit; White-label is the product. What to watch: Not a consumer neobank anymore; Not FGC for you; Directories that still list the 2021 pitch are stale. Desk score 5.7 / 10 (safety 5.8, fees 6.0, features 7.0, app 6.4). Last verified 2026-08-28. Headquartered in São Paulo, Brazil; founded 2020. None of this is advice — it is a file so you can read the entity before the card colour.