Miami, FL- Oct. 22, 2024- Inter&Co (NASDAQ: INTR) and Brightline announced today that the financial super app, Inter, will become the exclusive investing platform for Brightline passengers, ushering in a new era where travel and financial empowerment intersect. Inter is helping over 33 million customers in the Americas with convenient solutions to enhance their financial lives, including cashback, deals, cross border solutions, and the ability to invest in stocks, bonds, and ETFs with as little as $5. Brightline seamlessly connects travelers to top destinations and major events between Central and South Florida.

Revolutionizing Convenience for Passengers

This partnership brings together Brightline’s intercity rail network—which connects major cities such as Miami, Aventura, Fort Lauderdale, Boca Raton, West Palm Beach and Orlando—with Inter&Co’s comprehensive suite of financial solutions. The partnership will allow guests to integrate investing into their daily routine, offering a seamless blend of travel and financial services.

“We're excited to partner with Brightline to bring even greater convenience to local passengers traveling throughout, as well as for our many clients visiting from Latin America and around the world,” said João Vitor Menin, Global CEO of Inter&Co. “Providing exclusive benefits and making financial services more accessible is a key part of what we do at Inter&Co. This will enhance the benefits for our customers, their experience if they are visiting Florida from Latin America or are locals.”

Investing with Convenience: Key Benefits of the Partnership

The partnership will offer a range of benefits to customers, including:

  • Community Focus: Inter&Co and Brightline have pledged to work on a series of financial education initiatives that will aim to engage and educate passengers on the service. From taking a train ride with an Inter&Co Investment Specialist to many different “Ride and Invest” journeys, the companies aim to generate a positive impact for the thousands of people who use the service.
  • Investing with Convenience: Inter&Co will provide access to its investment platform, allowing customers to invest from as little as $5, commission free investing and the convenience of a range of different investing options in one single super app.
  • Enhanced Connectivity: With Brightline’s rail service connecting key cities and Inter&Co's robust digital platform, users traveling to Orlando, FL will have unique access to complimentary match tickets and VIP experiences at the Inter&Co Stadium.

"We are excited to partner with Inter&Co to elevate our customers’ travel experience,” said Travis Christ, chief commercial officer, Brightline. "By integrating its robust super app, we're offering travelers the ultimate convenience to focus on their journey while effortlessly managing their investments.”

Floridians: A Diverse and Optimistic Retail Investor Base

At the heart of this partnership is a deeper understanding of how Floridians are managing and growing their financial futures. Inter&Co recently surveyed[1] its Florida-based super app clients to gather insights into their investment habits, goals, and challenges. The findings paint a vivid picture of a state that's not only diverse in its cultural makeup but also in how it approaches personal finance.

More than 50% of surveyed Floridians are actively investing each month, with the majority (56%) choosing to invest in stocks. Their commitment is tangible, with monthly investments ranging from $100 to $500. This group of retail investors reflects Florida’s broad demographic—individuals balancing personal financial growth with international financial commitments. In fact, over half (53%) maintain financial obligations in their home countries, underscoring the global reach of their financial lives.

Despite ongoing concerns about market volatility, an impressive 78% of respondents expressed optimism about increasing their investments in 2024.

The survey also revealed several key priorities and concerns among Floridian super app retail investors:

  • Planning for Emergencies: A strong focus on financial preparedness emerged, with 40% of respondents identifying emergency fund savings as a primary investment goal for 2024.
  • Trust and Security: For 35% of respondents, FDIC insurance plays a crucial role in building trust with financial institutions, while 25% cited concerns about institutional trust as a key barrier to investing.

These insights underline the financial dynamism of Florida’s population and the critical role that accessibility and trust play in shaping their super app investment choices. As Inter&Co and Brightline embark on this collaboration, they aim to tap into this momentum, making investing easier, more secure, and more accessible for Florida residents.

From left to right: Brightline's CCO, Travis Christ, Dr Paula Hopkins, Executive Vice President, Strategic Partnerships and Funding Development for Miami-Dade Beacon Council, Joao Vitor Menin Global CEO of Inter&Co, Patrick Goddard, CEO of Brightline
From left to right: Brightline's CCO, Travis Christ, Dr Paula Hopkins, Executive Vice President, Strategic Partnerships and Funding Development for Miami-Dade Beacon Council, Joao Vitor Menin Global CEO of Inter&Co, Patrick Goddard, CEO of Brightline

Celebrating the Partnership

To celebrate this partnership, Inter&Co and Brightline hosted a launch event at Brightline’s Miami Central Station. The exclusive event featured an presentation of the state of the retail investing industry for retail clients, both domestically in the US and internationally in Latin America.

New customers who download Inter&Co and open an investment account using the promo code BRIGHTLINE will receive a $15 credit to buy stocks, ETFs through Inter super app. This offer is valid through December 31, 2024, terms and conditions may apply.

For more information about the Inter&Co and Brightline partnership, visit: www.gobrightline.com/offers/interandco

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ABOUT INTER&CO

Inter&Co (NASDAQ: INTR) is the pioneer financial super app serving over 33 million consumers across the Americas. The Inter ecosystem offers a broad array of services, including banking, investments, mortgages, credit, insurance, and cross-border tools. The super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. The company is expanding rapidly in the United States, as evidenced by its naming rights sponsorship of the stadium that hosts Orlando City and Orlando Pride. Focused on innovation and captivating member experiences, Inter&Co delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers. For more information, visit: https://inter.co/en/us/ and follow us on Instagram and X

ABOUT BRIGHTLINE

Brightline seamlessly connects travelers to top destinations and major events between Central and South Florida. The company serves Miami, Aventura, Fort Lauderdale, Boca Raton, West Palm Beach, and Orlando with future stops in Stuart and Cocoa. Brightline is recognized as one of TIME100’s Most Influential Companies of 2024. It is also recognized by Inc. 5000 Regionals as one of the fastest-growing private companies in the Southeast for 2023 and is one of the World’s 50 Most Innovative by Fast Company in 2024. Brightline offers a guest-first experience designed to reinvent train travel and take cars off the road. The company plans to bring its award-winning service to additional city pairs and congested corridors across the country that are too close to fly and too long to drive, with immediate plans to connect Las Vegas to Southern California. For more information, visit www.gobrightline.com and follow us on Facebook, Instagram, and X.

[1] Survey methodology and disclaimer: The survey was conducted online in September 2024 among a representative sample of Inter&Co’s super app Florida-based clients. Respondents ranged in age and income, and all provided responses on a voluntary basis. The findings reflect the views of survey participants and do not represent the opinions or recommendations of Inter&Co or Brightline.

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Inter&CoCommunications

Inter&Co (NASDAQ: INTR) is the pioneer financial super app serving over 36 million consumers across the Americas. The Inter&Co ecosystem offers a broad array of services, including banking, investments, mortgages, credit, gift cards, and cross-border tools. The super app also boasts a dynamic marketplace, linking consumers with shopping discounts, cashback rewards, and exclusive access to marquee events across the globe. The company is expanding rapidly in the United States, as evidenced by its naming rights sponsorship of the Inter&Co Stadium that hosts soccer teams “Orlando City” and “Orlando Pride”. Focused on innovation and captivating member experiences, Inter&Co delivers comprehensive financial and lifestyle solutions to meet the evolving needs of modern consumers.

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INTER & CO PAYMENTS, INC., doing business as inter&co (“Inter&Co”), is a financial technology company, a registered money services business (MSB) and a licensed money transmitter, not a bank (NMLS ID #907330). Massachusetts Foreign Transmittal Agency (License #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&Co is not a depository institution, and your deposits are not eligible for FDIC insurance.
For more information regarding your Inter&Co Account, view the Inter&Co Account Agreement at https://us.inter.co/compliance?interandco-account-agreement

To provide you with the Inter&Co Account, we share your information with CFSB. View the CFSB Privacy Notice at https://www.cfsb.com/privacy/ for details.

Mortgage services are provided by Inter US Finance, LLC (NMLS ID #1161874), an affiliate of Inter & Co Payments, Inc.

Securities brokerage services are provided by Inter&Co Securities LLC, Member FINRA/ SIPC , an affiliate of Inter & Co Payments, Inc. and a wholly-owned subsidiary of Inter&Co US Holding. View important information and disclosures here .

The Inter Mastercard® International Debit Card (“Global Card”) is issued by the international branch of Banco Inter S.A. in the Cayman Islands, authorized to operate as a category “B” banking institution by the Cayman Islands Monetary Authority – CIMA (“Cayman Branch”), linked to a US dollar checking account in the Cayman Islands maintained by the Cayman Branch (“Cayman Account”). For more information about the Cayman Account and the Global Card offered by the Cayman Branch, see the Cayman Account and Global Card Agreement, available at Cayman Account and Global Card Agreement. .

The Cayman Account and Global Card are offered by the international branch of Banco Inter S.A. in the Cayman Islands, an affiliate of Inter&Co, and are not features of the Global Account nor are they offered by Inter&Co Payments. The Cayman Account and Global Card are not available for U.S. customers.

To offer you the Cayman Account and the Global Card, we share information with the Cayman Branch. Personal data will be subject to the Data Protection Act of the Cayman Islands, as well as the General Data Protection Law. To learn more about how we protect your personal data, see our Privacy Policy, available at https://inter.co/politica-de-privacidade/ .

If you have any questions or concerns regarding any transaction, please write to us at 501 Brickell Key Drive, Suite 202, Miami, FL 33131, or by email at help@inter.co or by calling us at 1-888-305-7264.

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