NasdaqGS:INTRBanks
Inter & Co (INTR) Is Up 14.0% After Miami Branch Approval for Cross-Border Digital Banking
Inter & Co has received regulatory approval from the Florida Office of Financial Regulation and the Federal Reserve to establish a state-licensed international banking branch in Miami, creating a digital-first hub for cross-border services for individuals and businesses.
This authorization places Inter & Co among a small group of international banks operating U.S. branches, potentially reshaping its global funding mix and product reach.
Next, we will look at how this Miami branch approval,...