# BTG+ (BTG Pactual Banking)

> Source: https://docs.barcoder.ai/docs/wallets/btg-pactual
> research date 2026-05-30 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [BTG Pactual — official](https://www.btgpactual.com/)

## Overview

**BTG+ (BTG Pactual Banking)** is Banco BTG Pactual's digital retail bank + **Latin America's largest investment bank** + **BTG+ launched Brazil early 2021 after 8 months of development** + **Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas** <sup>[1][1], [2][2], [Brazil report](https://docs.barcoder.ai/docs/payments/BR)</sup>. **2025 baseline**: BTG+ digital retail bank launched Brazil early 2021 after 8 months of development; **Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas** distinctive Brazilian transaction banking recognition; **BTG+ App Store 4.9 + Google Play 4.8 rating** distinctive Brazilian digital banking user experience excellence; **BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration** distinctive Brazilian corporate banking digital transformation.

**Distinctive BTG+ positioning**:
- **Latin America's largest investment bank** (Banco BTG Pactual S.A.; B3: BPAC11)
- **BTG+ launched Brazil early 2021 after 8 months of development** distinctive Brazilian digital bank rapid launch
- **Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas** distinctive Brazilian transaction banking recognition
- **BTG+ App Store 4.9 + Google Play 4.8 rating** distinctive Brazilian digital banking user experience excellence
- **BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration** distinctive Brazilian corporate banking digital transformation
- **1983 BTG Pactual founding by Pactual + 2010 BTG (formerly Garantia bankers) merger creating BTG Pactual** distinctive Brazilian investment banking heritage
- **BTG+ complete mobile bank with credit cards to investments + innovative features** distinctive Brazilian digital bank comprehensive offering

## History

**1983 — Pactual founded** as Brazilian investment bank.

**2008 — BTG (formerly Garantia bankers) founded by André Esteves** as Brazilian investment bank.

**2010 — BTG + Pactual merger creates BTG Pactual** distinctive Brazilian investment banking consolidation.

**2012 — BTG Pactual B3 IPO**.

**Early 2021 — BTG+ (initially called BTG+) launches in Brazil after 8 months of development** as digital retail bank <sup>[1][1], [2][2]</sup>.

**2025 — Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas + BTG+ App Store 4.9 + Google Play 4.8 rating + BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration** <sup>[1][1], [3][3]</sup>.

## Ownership & operator

**Operating entity**: **Banco BTG Pactual S.A.** (B3: BPAC11; Latin America's largest investment bank).

**Major shareholders**: **André Esteves (Chairman + co-founder) + BTG Pactual management partners + Brazilian retail + institutional + foreign investors**.

**Regulators**: **BCB (Banco Central do Brasil) + CVM**.

## Technical integration

BTG+ mobile banking app (iOS + Android; App Store 4.9 + Google Play 4.8 rating) + btgpactual.com online + BTG Pactual branch network Brazil + Chile + Argentina + Colombia + Peru + Mexico + US + UK + Luxembourg + BTG Pactual Visa + Mastercard cards; Pix + EMV QRCode; **BTG+ complete mobile bank with services that range from credit cards to investments + innovative features to help users manage their finances** + **BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration across every client touchpoint** distinctive Brazilian corporate banking digital transformation.

## Users & growth

BTG+ digital retail bank launched Brazil early 2021 after 8 months of development; Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas; BTG+ App Store 4.9 + Google Play 4.8 rating.

## Use cases

Brazilian + Latin American retail + private + SME + commercial + investment + corporate banking via BTG+ mobile + btgpactual.com online + BTG Pactual branch network Brazil + Chile + Argentina + Colombia + Peru + Mexico + US + UK + Luxembourg + Visa/Mastercard cards; Pix + EMV QRCode; **BTG+ complete mobile bank with services that range from credit cards to investments + innovative features to help users manage their finances** + **BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration across every client touchpoint** distinctive Brazilian corporate banking digital transformation.

## Implementations & partners

**Operator**: Banco BTG Pactual S.A. (B3: BPAC11; Latin America's largest investment bank); André Esteves (Chairman + co-founder) + BTG Pactual management partners + Brazilian retail + institutional + foreign investors.

**Major Brazilian investment + private + state-owned bank competitors**: [Itau Unibanco](https://docs.barcoder.ai/docs/wallets/banco-itau) (Itaú Unibanco's mobile banking; B3: ITUB4; NYSE: ITUB; Brazil's largest private bank by assets; Itaú Superapp 10M+ customers migrated Jun 2025) + [Bradesco (Banco Bradesco)](https://docs.barcoder.ai/docs/wallets/bradesco) (Brazil's second-largest private bank by assets; B3: BBDC4; NYSE: BBD) + [Santander Brasil](https://docs.barcoder.ai/docs/wallets/santander-brasil) (Banco Santander Brasil; 19M+ digital banking customers) + [Banco do Brasil (BB App)](https://docs.barcoder.ai/docs/wallets/banco-do-brasil) (Brazil's largest bank by assets; B3: BBAS3; state-controlled) + [Caixa Tem (Caixa Econômica Federal)](https://docs.barcoder.ai/docs/wallets/caixa-tem) (Caixa Econômica Federal mobile banking; Brazil's #2 bank by assets; state-controlled) + [Nubank](https://docs.barcoder.ai/docs/wallets/nubank) (Brazil's largest neobank; NYSE: NU; 131M+ customers) + [C6 Bank](https://docs.barcoder.ai/docs/wallets/c6-bank) (Brazilian digital bank + JPMorgan ~46% stake; B3: C6BB34) + [Banco Inter (Inter&Co)](https://docs.barcoder.ai/docs/wallets/banco-inter) (Brazilian digital bank; B3: INBR32; NASDAQ: INTR) + [Banco Original](https://docs.barcoder.ai/docs/wallets/banco-original) (Brazilian digital bank) + [PicPay](https://docs.barcoder.ai/docs/wallets/picpay) (Brazilian fintech super app; NASDAQ: PICS post-Jan 29 2026 IPO; 66M+ customer accounts + 42M quarterly active users Q3 2025) + [Sicredi](https://docs.barcoder.ai/docs/wallets/sicredi) (Brazil's first cooperative bank initiative; 8M+ members; 100+ credit cooperatives federation) + [Sicoob / Super App Sicoob](https://docs.barcoder.ai/docs/wallets/sicoob) (Brazil's #2 cooperative bank by members).

**Regulators**: BCB + CVM.

## Fun facts

- **Latin America's largest investment bank** (Banco BTG Pactual S.A.; B3: BPAC11).
- **BTG+ launched Brazil early 2021 after 8 months of development** distinctive Brazilian digital bank rapid launch.
- **Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas** distinctive Brazilian transaction banking recognition.
- **BTG+ App Store 4.9 + Google Play 4.8 rating** distinctive Brazilian digital banking user experience excellence.
- **BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration** distinctive Brazilian corporate banking digital transformation.
- **1983 BTG Pactual founding by Pactual + 2010 BTG (formerly Garantia bankers) merger creating BTG Pactual** distinctive Brazilian investment banking heritage.
- **BTG+ complete mobile bank with credit cards to investments + innovative features** distinctive Brazilian digital bank comprehensive offering.

## Comparison

| Feature | BTG+ | [Nubank](https://docs.barcoder.ai/docs/wallets/nubank) (Brazil's largest neobank rival; 131M+ customers across BR + MX + CO Q3 2025) | [Itau Unibanco](https://docs.barcoder.ai/docs/wallets/banco-itau) (Brazil's largest private bank by assets rival; Itaú Superapp) | [PicPay](https://docs.barcoder.ai/docs/wallets/picpay) (Brazilian fintech super app rival; NASDAQ: PICS post-Jan 29 2026 IPO) | [C6 Bank](https://docs.barcoder.ai/docs/wallets/c6-bank) (Brazilian digital bank rival; JPMorgan ~46% stake) |
|---|---|---|---|---|---|
| Operator | **Banco BTG Pactual S.A. (B3: BPAC11; Latin America's largest investment bank)** | Nu Holdings Ltd. (NYSE: NU; Brazil's largest neobank) | Itaú Unibanco Holding S.A. (B3: ITUB4; NYSE: ITUB; Brazil's largest private bank by assets) | PicPay Holdings (NASDAQ: PICS post-Jan 29 2026 IPO; Brazilian fintech super app + digital bank) | C6 Bank (B3: C6BB34; JPMorgan ~46% stake) |
| Type | **Latin America's largest investment bank + BTG+ launched Brazil early 2021 after 8 months of development + Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas + BTG+ App Store 4.9 + Google Play 4.8 rating + BTG Pactual Empresas distinguished platform-first strategy that embeds automation, AI and open-finance integration** | Brazil's largest neobank + 131M+ customers across BR + MX + CO Q3 2025 + Mexico 13.1M customers Q3 2025 ~14% MX adult population + Colombia 3.8M customers Q3 2025 ~10% CO adult population | Itaú Superapp 10M+ customers migrated Jun 2025 + 20M app users + 97% individual transactions digital channels + Itaú Brazil's largest private bank by assets + #1 banking app performance ranking 2025 | 66M+ customer accounts + 42M quarterly active users Q3 2025 + NASDAQ: PICS post-Jan 29 2026 IPO at US$19.00/share + R$7.3B (~US$1.37B) total revenue + R$313.8M (US$59M) net profit 9M 2025 + USD and EUR Accounts launch Nov 10 2025 | Brazilian digital bank + JPMorgan ~46% stake |
| Country | BR + CL + AR + CO + PE + MX + US + UK + LU | BR + MX + CO | BR + CL + AR + UY + PY + US + CL + others | BR | BR |
| Distinctive | **1983 Pactual founding; 2008 BTG founding by André Esteves; 2010 BTG + Pactual merger; 2012 BTG Pactual B3 IPO; Early 2021 BTG+ launch in Brazil after 8 months of development; 2025 Brazil's best transaction bank Euromoney - BTG Pactual Empresas + BTG+ App Store 4.9 + Google Play 4.8 rating + BTG Pactual Empresas distinguished platform-first strategy** | 2013 Nubank founding by David Vélez + Cristina Junqueira + Edward Wible in São Paulo; Dec 9 2021 NYSE IPO; 2018 Nu Mexico launch; 2020 Nu Colombia launch | 1944 Itaú founding; 1995 Unibanco-Itaú renaming; 2008 Itaú-Unibanco merger; Jul 2024 Itaú Superapp launch | 2012 PicPay founding in Vitória, Espírito Santo; 2015 J&F Investimentos majority controlling acquisition; 2018-2020 evolution from P2P payments to super app; Nov 10 2025 PicPay USD and EUR Accounts launch powered by AstroPay Platform; Jan 29 2026 PicPay IPO on Nasdaq Global Select Market at US$19.00/share | 2018 C6 Bank founding; 2022 JPMorgan ~46% stake acquisition |

## Status

**Active, Latin America's largest investment bank + BTG+ launched Brazil early 2021 after 8 months of development + Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas** <sup>[1][1], [2][2], [3][3]</sup>:
- **Banco BTG Pactual S.A. (B3: BPAC11; Latin America's largest investment bank)** since 1983 Pactual founding + 2008 BTG founding by André Esteves + 2010 BTG + Pactual merger creating BTG Pactual + 2012 BTG Pactual B3 IPO + Early 2021 BTG+ launch in Brazil after 8 months of development.
- **Brazil's best transaction bank 2025 Euromoney - BTG Pactual Empresas + BTG+ App Store 4.9 + Google Play 4.8 rating**.
- **BTG Pactual Empresas distinguished platform-first strategy that embeds automation, artificial intelligence and open-finance integration**.
- **BCB + CVM regulated**.

## Sources

[1]: https://www.pismo.io/blog/how-btg-pactual-built-its-award-winning-digital-bank/ "How BTG Pactual built its award-winning digital bank — Pismo"
[2]: https://thedigitalbanker.com/leading-the-way-how-btg-pactual-is-simplifying-banking-for-brazilian-businesses/ "Leading the way: How BTG Pactual is simplifying banking for Brazilian businesses — The Digital Banker"
[3]: https://www.euromoney.com/article/cvvnym4n5e88wgw4ogk88cgc0/brazils-best-transaction-bank-2025-btg-pactual-empresas/ "Brazil's best transaction bank 2025: BTG Pactual Empresas — Euromoney"
[br-cro]: https://docs.barcoder.ai/docs/payments/BR

- [1] [How BTG Pactual built its award-winning digital bank — Pismo][1]
- [2] [Leading the way: How BTG Pactual is simplifying banking for Brazilian businesses — The Digital Banker][2]
- [3] [Brazil's best transaction bank 2025: BTG Pactual Empresas — Euromoney][3]
- <sup>[Brazil report](https://docs.barcoder.ai/docs/payments/BR)</sup> In-corpus: `reports/countries/BR-brazil.md`

## Source

Biography extracted from [btg-pactual.md](https://docs.barcoder.ai/source/wallets/btg-pactual). See `matrix.md` for standards-support matrix if present.