According to Folha de S.Paulo newspaper and Reuters news agency, "Banco Inter and Uber are in negotiations to establish a partnership in the area of financial services." This move "demonstrates the work of the Japanese group SoftBank to integrate their business in Latin America" according to Reuters.
According to Folha de S.Paulo, "SoftBank, which is a shareholder of Uber, has acquired a stake of approximately 15% in Banco Inter this year." These negotiations aim to boost Banco Inter's business in Brazil.
In Brazil, the partnership can target both Uber's more than 600,000 drivers and Banco Inter's more than 3 million customers.
