# C6 Bank

> Source: https://docs.barcoder.ai/docs/wallets/c6-bank
> research date 2026-05-29 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [C6 Bank — official](https://www.c6bank.com.br/)

## Overview

**C6 Bank** is **a Brazilian digital bank backed by JPMorgan Chase (46% stake)** <sup>[1][1], [2][2], [Brazil report](https://docs.barcoder.ai/docs/payments/BR)</sup>. Founded **2019**, C6 grew to **25 million customers by 2024** (from 8M in June 2021 when JPMorgan made initial stake) + **R$2.3B ($418M) FY2024 annual profit**. **H1 2025 profit R$1.049B ($191M, +8% YoY)** with **43% return-on-equity** — among highest in Brazilian banking. **Credit portfolio R$72.4B ($13.2B; +50% YoY)** projected to **exceed R$80B ($14.6B) end-2025**.

**Strategic positioning**: **Wealthier-client focus** distinguishes C6 from mass-market Nubank — Brazilian-economic-slowdown shield.

## History

**2019 — C6 Bank founded** <sup>[2][2]</sup> by **Marcelo Kalim + Carlos Fonseca + Leandro Torres** (former BTG Pactual executives).

**June 2021 — JPMorgan Chase acquires 40% stake in C6 Bank** <sup>[3][3]</sup>: Major strategic backing.

**2022-2024 — Rapid customer growth** (8M → 25M) <sup>[1][1]</sup>.

**2023 — JPMorgan increases stake to 46%** <sup>[4][4]</sup>.

**FY2024 — R$2.3B ($418M) annual profit + 25M customers** <sup>[1][1]</sup>.

**H1 2025 — R$1.049B ($191M) profit (+8% YoY) + 43% ROE** <sup>[1][1]</sup>.

**End 2025 (projected) — Credit portfolio R$80B+ ($14.6B)** <sup>[1][1]</sup>.

## Ownership & operator

**Operating entity**: **Banco C6 SA**.

**Major shareholder**: **JPMorgan Chase** (46% stake; up from 40% initial 2021 acquisition).

**Founders**: **Marcelo Kalim + Carlos Fonseca + Leandro Torres** (former BTG Pactual executives).

**Regulator**: **Banco Central do Brasil (BCB)** — full Brazilian banking license.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | C6 Bank mobile app (iOS + Android) + C6 Bank web |
| **Identifiers** | CPF + email + phone + card |
| **Brazilian rail** | **[Pix](https://docs.barcoder.ai/docs/standards/pix)** |
| **Card networks** | Mastercard + Visa (C6-issued cards) |
| **Sub-products** | C6 Conta (account) + C6 Carbon (premium black card) + C6 Investimentos + C6 Crédito + C6 Câmbio (FX) + Global Account |

## Users & growth

**FY2024 / H1 2025** <sup>[1][1]</sup>:
- **Customers (2024)**: 25 million (from 8M in June 2021)
- **FY2024 annual profit**: R$2.3B ($418M)
- **H1 2025 profit**: R$1.049B ($191M; +8% YoY)
- **Return on equity (H1 2025)**: 43%
- **Credit portfolio (H1 2025)**: R$72.4B ($13.2B; +50% YoY)
- **End-2025 projected credit portfolio**: R$80B+ ($14.6B)

## Use cases

Brazilian retail banking (savings + deposits + credit); Pix transfers; C6 Carbon premium black card (wealthy-client-focused); investments (C6 Investimentos); FX trading (C6 Câmbio); Global Account (US dollar); insurance.

## Implementations & partners

**Operator**: **Banco C6 SA**.

**Major shareholder**: **JPMorgan Chase** (46%).

**Major Brazilian competitors**: **[Nubank](https://docs.barcoder.ai/docs/wallets/nubank)** (NYSE: NU; 110M BR customers; mass-market focus), **[Banco Inter (Inter&Co)](https://docs.barcoder.ai/docs/wallets/banco-inter)** (40M; multi-product), **[PicPay](https://docs.barcoder.ai/docs/wallets/picpay)** (65.6M), PagBank.

**Regulator**: **BCB**.

## Fun facts

- **2019 founded by former BTG Pactual executives** Marcelo Kalim + Carlos Fonseca + Leandro Torres.
- **June 2021 JPMorgan Chase 40% stake** → increased to **46% by 2023**.
- **8M (Jun 2021) → 25M (2024) customers** — 3x growth in 3 years.
- **R$2.3B ($418M) FY2024 annual profit + 43% ROE H1 2025** — among highest profitability in Brazilian banking.
- **Wealthier-client focus** distinguishes C6 from mass-market competitors (Nubank).
- **JPMorgan-backed strategic relationship** — substantial international backing.
- **Credit portfolio +50% YoY (H1 2025)** — substantial credit growth.
- **C6 Carbon black card** — defining premium-tier product.

## Comparison

| Feature | C6 Bank | [Nubank](https://docs.barcoder.ai/docs/wallets/nubank) | [Banco Inter (Inter&Co)](https://docs.barcoder.ai/docs/wallets/banco-inter) | [PicPay](https://docs.barcoder.ai/docs/wallets/picpay) | PagBank (PagSeguro) |
|---|---|---|---|---|---|
| Operator | **Banco C6 SA (JPMorgan 46%)** | Nu Holdings Ltd (NYSE: NU) | Inter&Co (NASDAQ INTR + B3 INTR) | J&F Investimentos | PagSeguro Digital (NYSE: PAGS) |
| Type | **Digital bank + wealthier-client focus** | Mass-market LATAM neobank | Multi-product digital bank | P2P super-app | Digital bank + SMB |
| Customers (2025) | **25M** | 131M (110M BR) | 40M | 65.6M | Substantial |
| Profit FY24 / H1 2025 | **R$2.3B FY24 / R$1.049B H1 2025 (+8% YoY)** | $2.9B 2025 | R$287M Q1 2025 (+57% YoY) | Private | NYSE-listed |
| ROE H1 2025 | **43%** | Major | Healthy | n/a | Healthy |
| Distinctive | **JPMorgan 46% + wealthier-client focus + C6 Carbon black card + 43% ROE** | Roxo no-fee credit card heritage + LATAM expansion | Multi-product + Global Account | J&F family + P2P pioneer | SMB merchant focus |

## Status

**Active, JPMorgan-backed Brazilian digital bank with high profitability** <sup>[1][1], [3][3]</sup>:
- **Banco C6 SA** since 2019.
- **JPMorgan Chase 46% stake** (initial 40% June 2021 → 46% 2023).
- **25 million customers (FY2024) + R$2.3B ($418M) annual profit**.
- **H1 2025 R$1.049B ($191M) profit (+8% YoY) + 43% ROE**.
- **Credit portfolio R$80B+ end-2025 projected** + wealthier-client focus.

## Sources

[1]: https://www.riotimesonline.com/c6-bank-breaks-profit-records-as-brazils-digital-finance-grows-up/ "C6 Bank profit records — Rio Times"
[2]: https://www.c6bank.com.br/ "C6 Bank — official"
[3]: https://www.jpmorganchase.com/newsroom/press-releases/2021/jpmorgan-chase-takes-40-percentage-stake-in-brazils-c6-bank "JPMorgan 40% C6 Bank — JPMorgan Chase"
[4]: https://www.investing.com/news/stock-market-news/jpmorgan-increases-stake-in-brazilian-digital-bank-c6-to-46-3163616 "JPMorgan 46% C6 Bank — Investing.com"
[br-cro]: https://docs.barcoder.ai/docs/payments/BR
[pix-cro]: https://docs.barcoder.ai/source/standards/pix

- [1] [C6 Bank profit records — Rio Times][1]
- [2] [C6 Bank — official][2]
- [3] [JPMorgan 40% C6 Bank — JPMorgan Chase][3]
- [4] [JPMorgan 46% C6 Bank — Investing.com][4]
- <sup>[Brazil report](https://docs.barcoder.ai/docs/payments/BR)</sup> In-corpus: `reports/countries/BR-brazil.md`
- [pix-cro] In-corpus: `reports/standards/pix.md`

## Source

Biography extracted from [c6-bank.md](https://docs.barcoder.ai/source/wallets/c6-bank). See `matrix.md` for standards-support matrix if present.