iTransfr Opens Sao Paulo Office and Brazilian Subsidiary to Strengthen Global Trade Payment Capabilities

iTransfr is proud to announce the opening of our Sao Paulo, Brazil office along with the formal establishment of our new Brazilian subsidiary.

This expansion brings our instant, compliant payment solutions into Latin America's largest economy, creating new opportunities for importers, exporters, and global trade operators who need faster and more cost-efficient cross-border settlement.

Brazil is often referred to as the supermarket of the world. From soybeans and coffee to beef, iron ore, and manufactured goods, it exports to virtually every major market. It is also a major importer of machinery, electronics, chemicals, and other goods critical to its industries.

Over 90 percent of Brazilian imports are invoiced in USD, which means importers are forced to navigate expensive FX spreads and slow international wire transfers. Typical bank processes include 2 to 3 percent FX fees and settlement delays that can stretch into days, creating significant operational friction.

One of the most powerful advantages iTransfr brings to Brazil is the ability to settle cross-border payments into BRL the same day through PIX.

For Exporters: A Brazilian agribusiness exporting to Europe or Asia can receive USD payments, convert to BRL at competitive rates, and have funds deposited into their local bank account within the same business day via PIX.

For Importers: A Sao Paulo electronics distributor importing from Asia can pay suppliers in USD the same day through iTransfr, bypassing traditional SWIFT delays and avoiding inflated bank FX margins.

These capabilities give Brazilian businesses faster cash flow, better FX rates, and the flexibility to transact internationally without the operational headaches of traditional banking.

The iTransfr team has over ten years of direct experience working in Brazil across industries including import/export, wholesale distribution, logistics, and commodities trading.

We understand the realities of doing business in Brazil, from navigating regulatory compliance to coordinating payments alongside customs and supply chain operations.

This experience allows us to deliver solutions that fit Brazil's business environment, supporting both day-to-day payment needs and larger-scale international transactions.

Brazil is actively developing and expanding its digital payments framework, with ongoing regulatory work to modernize cross-border settlement.

By opening our Sao Paulo office and establishing iTransfr LTDA now, we are positioning ourselves to be fully operational and compliant as new rules take effect.

This proactive approach means that our clients can adopt faster international settlement capabilities with confidence and without disruption.

• Instant BRL settlement with same-day local bank deposits via PIX
• Lower FX costs compared to traditional bank conversions
• Faster international payments to the United States, Europe, Asia, and beyond
• Local support from our Sao Paulo team, with full Portuguese-language service
• Seamless onboarding for Brazilian companies engaged in import/export and cross-border trade