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Inter & Co’s Robust Q3 Growth Driven by Super App

Inter & Co’s Robust Q3 Growth Driven by Super App

Inter & Company Incorporation Class A (INTR) has released an update.

Inter & Co, Inc. reported strong financial growth in the third quarter of 2024, with net income soaring to R$260 million and a return on equity reaching 11.9%. The company’s innovative super app continues to attract a growing client base, now totaling 35 million, driven by enhanced features like digital payroll loans and personalized services. This strategic focus on client engagement and ecosystem monetization is reflected in their impressive run-rate total payment volume of R$1.2 trillion.

For further insights into INTR stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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