Brazil
activeFeaturedNeobank
- HQ
- São Paulo
- Fee
- No annual fee on core card
alt.bank
Brazilian credit infrastructure. The consumer neobank is no longer the job.
Tap a star to jump to reviews
5.7Caution
AlternativesFive questions
At a glance
Is it a bank?
No. alt.bank is not a bank. Your money sits with Programme / partner licences — confirm per issuer.
If it fails?
Not a retail FGC current account. This is credit/card rails for companies that want a white-label programme.
Salary?
Not listed. An IBAN or sort code is not automatically a salary account.
Open from abroad?
Residency and KYC are gated. An App Store listing is not proof you can onboard.
Monthly fee
B2B programme pricing
Account number
No IBAN-class local rail on this file.
NeoBankDB Verdict
Licence first · score second
5.7
/10 · Caution
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.
What it is
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.
Best for: Brazilian companies that want to issue credit cards without becoming a bank.
Last checked 2026-08-28. Not advice.
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
Who holds the money
The account
How money actually moves
- Who holds the cash
- Issued / held via Programme / partner licences — confirm per issuer
- How money moves
- In-app ledger
- Built for
- Business
- Settlement
- Card auth in seconds
- Freeze risk
- Fintech reviews can pause inbound while they check a transfer
- Card
- alt.bank lists a physical card and a virtual card on mastercard, plus Google Pay. Confirm the live product in the app — a card is not a current account.
Licence first
Safety
Not a retail FGC current account. This is credit/card rails for companies that want a white-label programme.
Who holds the money: Programme / partner licences — confirm per issuer
- BCB / partner stackCredit + card infrastructure for other brands — not a retail current account · Brazil
Fees
- Monthly
- B2B programme pricing
- FX markup
- N/A
- ATM
- N/A
Features
- –IBAN
- –Fee-free core
- –Multi-currency
- –Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- ✓Business
- –Kids
- –Halal
- White-label cards
- Credit engine
- BIN / issuer stack
- BaaS for Brazilian brands
Score
- Safety25%
- 5.8
- Fees20%
- 6.0
- Features15%
- 7.0
- App15%
- 6.4
- Global15%
- 3.0
- Support10%
- 6.0
Change log
Full logStatus
Consumer neobank pitch is dead; credit infrastructure is the product
São Paulo. White-label cards and credit rails. Do not open a salary account here.
Available in
Straight answers
FAQ
01Is alt.bank a bank?
alt.bank is not a licensed deposit-taker in the classic sense. Money, if any, sits with Programme / partner licences — confirm per issuer.
02How is money protected?
Not a retail FGC current account. This is credit/card rails for companies that want a white-label programme.
03Where is alt.bank available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with alt.bank.
04Card and wallets?
alt.bank lists a physical card and a virtual card on mastercard, plus Google Pay. Confirm the live product in the app — a card is not a current account.
05Can I open alt.bank remotely?
Residency and KYC are gated. An App Store listing is not proof you can onboard from your country.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
Alternatives
activeNeobank
- HQ
- Porto Alegre
- Fee
- Pack-dependent
activeBusiness banking
- HQ
- Bengaluru
- Fee
- Confirm live X plan