The bank focuses on offering affordable financial services to all types of clients, individuals, legal entities, and startups. In addition to offering its own banking products, C6 will distribute third-party services within its marketplace.
The shareholders’ investments in the project will amount to R$500M (US$135.4M) by December. Currently, the bank’s share capital is R$250M (US$67.6M).
Initially, the bank’s products will only be available to its co-workers and their guests, although they intend to offer services to the public in the first half of 2019.
“Our strategy is to be a ‘low-cost’ bank and not a niche bank. We want to have products for multiple customer profiles, with a complete offer for each of these profiles,” says Verena Fornetti, a spokeswoman for C6 Bank.
At the C6 Bank headquarters, there will also be a startup hub, Opp, which will house a training program for entrepreneurs providing capital and mentoring.
Read more in Valor Econômico.