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C6 Bank is a digital financial institution based in São Paulo, Brazil, founded in 2018 and officially launched in 2019. It has quickly grown to serve over 25 million customers, establishing itself as a key player in Brazil's digital banking sector. The bank provides a wide range of services, including fee-free accounts and cards, online and mobile banking platforms, and AI-powered financial management tools that offer personalized insights and investment recommendations. A standout feature of C6 Bank is the C6 Global Account, which allows customers to manage multiple foreign currencies. The bank is also committed to environmental, social, and governance (ESG) initiatives, offering a carbon footprint tool that helps customers track and offset their CO2 emissions from transactions. C6 Bank actively supports socio-environmental projects in the Amazon rainforest and participates in the UN Global Compact’s Movimento Ambição Net Zero initiative. With strategic backing from J.P. Morgan, C6 Bank continues to demonstrate strong financial performance and innovation in the digital finance market.
Itaú Unibanco Holding S.A. is a prominent Brazilian multinational financial conglomerate and the largest bank in Brazil by market capitalization. Headquartered in São Paulo, it was formed in 2008 through the merger of Banco Itaú and Unibanco. With a history dating back to 1924, the bank has developed into a universal bank focused on retail and wholesale operations, digital innovation, and regional expansion in Latin America. Itaú Unibanco operates through two main segments: retail banking and wholesale banking. Its retail banking services include credit offerings, consumer finance, insurance, and asset management, while wholesale banking caters to larger corporate clients with funding and investment solutions. The bank employs a phygital model, combining physical branches with digital channels to enhance customer experience. By 2024, over 70% of transactions are expected to be handled through digital platforms, reflecting its commitment to technology and customer service. Itaú Unibanco serves millions of clients across Brazil and Latin America, including individuals, small businesses, and large corporations.