Financial Inclusion: Inter’s mission in the United States

According to the 2023 FDIC National Survey of Unbanked and Underbanked Households, millions of people in the U.S. still lack access to basic financial services. Around 5.6 million households are unbanked, and more than 14% are underbanked, relying on expensive alternatives like prepaid cards or money orders.

This isn’t just about numbers: it represents people and families who face barriers to saving money, sending funds to relatives, accessing credit, or simply planning for their future with confidence.

That’s where Inter’s mission is born and strengthened: going beyond profit and working toward true financial inclusion — offering accessible banking and financial solutions that respect the diversity and needs of every community, while promoting financial education for responsible and sustainable money management.

The challenge of financial inclusion in the U.S.

Real barriers for millions of people

Financial inclusion is a key driver in reducing inequality and creating growth opportunities. But for millions of Americans, it’s still out of reach.

Some of the most common challenges include:

• High fees that prevent low-income families from opening accounts.
• Minimum balance requirements that create barriers from the very first step.
• Distrust in traditional institutions, often due to negative past experiences or historical exclusion.
• Banking deserts: areas without nearby branches, forcing residents to use costly informal alternatives.

These issues disproportionately affect immigrants, minorities, and low-income communities, leaving them on the margins of the economy.

Inter’s mission: banking solutions for everyone

Inter’s mission is clear: to offer banking solutions for all, eliminating historical barriers and using technology to simplify access.

Founded in Brazil, Inter already impacts more than 40 million customers and is expanding into the United States to bring inclusive financial services to those who need them most. We believe technology can drive transformation — creating opportunities for a more balanced, accessible, and transparent financial life.

In the U.S., Inter operates in full compliance with local financial regulations, ensuring customers have secure and regulated access to innovative, high-quality banking services.

How Inter promotes inclusive financial solutions

Inter’s accessible banking solutions were designed to break down obstacles and put people first:

• No minimum deposit — no one should be prevented from opening an account due to lack of initial funds.
• A digital-first app — designed to work from anywhere, even where branches aren’t nearby.
• International features — fast and convenient transfers to support families across borders.
• Credit building — opportunities to develop or strengthen credit history without requiring a security deposit. Subject to approval.
• Financial education — content that helps people make informed decisions, promoting independence and safety.

These initiatives reflect a strong commitment: inclusion is not just a promise — it’s a goal supported by technology, compliance, and meaningful partnerships.

Join the movement for financial inclusion

Choosing Inter is more than using an app. It’s joining a global movement for financial inclusion. It’s believing that accessible banking solutions can — and must — be available to everyone, no matter where they were born or how much they have.

With Inter’s mission, we aim to transform financial experiences for diverse communities and build a fairer future. And you can start today.

Download the Inter app and discover how incl usive financial solutionscan support your journey. Then, share this mission with family and friends who also seek digital, secure, and transparent alternatives.

*The Passport Card helps you build payment history that may positively improve your credit score. Credit score increase is not guaranteed. Individual results may vary. Late payments, missed payments, or other defaults on your accounts with us or others will have a negative effect on your credit score.

**The availability of the Inter Passport Credit Card is subject to eligibility. Not all users will be eligible. Check your app for more details.

INTER & CO PAYMENTS, INC., doing business as Inter ("Inter"), is a financial technology company, a registered money services business (MSB) and a licensed money transmitter, not a bank (NMLS ID #907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330).#907330). Massachusetts Foreign Transmittal Agency (License #FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100).#FT114374-100). Rhode Island Currency Transmitter (License # 20203960CT). Click here to access our NMLS licenses.

Banking services are provided by Community Federal Savings Bank ("CFSB"), Member FDIC and deposits are held by CFSB and Wells Fargo Bank, Members FDIC. Inter is not a depository institution, deposits held at CFSB and Wells Fargo are not eligible for FDIC insurance.

The Inter US Checking account is provided by Continental Bank, Member FDIC. Inter US Checking accounts are FDIC-insured up to US$250,000. Inter US Checking account funds are eligible for FDIC insurance up to the allowable limit through Continental Bank, Member FDIC, and other program banks. Coverage is subject to aggregation of all of each account holder's funds held on deposit at Continental Bank or at each of its program banks. Funds generated through Inter's payment processing services are generally available in the Inter US Checking account balance immediately after a payment is processed. Fund availability times may vary due to technical issues. Inter is not a bank. Inter US Checking accounts do not provide monthly paper statements and do not issue physical paper checks. Inter US Checking accounts are not interest-bearing accounts.

FDIC deposit insurance coverage only protects against the failure of an FDIC-insured deposit institution. If you have an Inter US Checking account, up to US$250,000 of your balance may be covered by FDIC insurance on a pass through basis through Continental Bank, Member FDIC, subject to aggregation of the account holder's funds held at Continental Bank and if certain conditions have been met.

Please see your account information to know where your account is maintained. Inter US Checking accounts at Continental Bank are only available for US residents, upon informing a Social Security or Individual Taxpayer Identification number.

For more information regarding your Inter Account, view the Inter Account Agreement at https://us.inter.co/compliance?interandco-account-agreement

For more information regarding your Inter US Checking account, view the Inter US Checking Account Agreement at Here

For more information regarding FDIC insurance, please visit the FDIC website at https://www.fdic.gov/resources/deposit-insurance