Pride Bank
Brazil's digital bank for the LGBTQ+ community, born from exclusion at traditional branches.
Digital bank for Brazil's LGBTQ+ community.
- Who holds it
- A sponsor bank behind the brand — not the app you signed up with — Not a bank; payment arrangement on Digital Banks' rails (BaaS, Brazil).
- The ledger
- Split between a program manager and the sponsor bank — the modular setup that broke in Synapse.
- If it fails
- Any claim runs through the sponsor bank, and only works if the two ledgers reconcile.
Derived from Pride Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional · LGBTQ+ |
| HQ | São Paulo, BR |
| Founded | 2019 |
| Custody | Custodial |
| Regulation type | Partner-bank model |
| License detail | Not a bank; payment arrangement on Digital Banks' rails (BaaS, Brazil) |
| Card | MC · Debit |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Latin America |
| Founders | Márcio Orlandi Jr. |
Verified links: official site ↗
Common questions about Pride Bank
What is Pride Bank?
Pride Bank is a fiat neobank built for LGBTQ+, headquartered in São Paulo, BR and founded in 2019. Your money is held custodially, so Pride Bank or its partner bank holds the balance and you hold a claim on it. It operates on a partner-bank model (Not a bank; payment arrangement on Digital Banks' rails (BaaS, Brazil)).
Does Pride Bank have a card, and where can you use it?
It issues a Mastercard debit card. It is available in Latin America.
Does Pride Bank require KYC?
Yes. Pride Bank requires identity verification (KYC) to open an account, as a partner-bank model.
Peers
Wise · Nubank · Banco Inter · PicPay · PagBank · Nequi
Pride Bank appears in
Neobanks running on someone else’s banking license (81) · Neobanks available in Latin America (113) · Neobanks that issue a Mastercard (150) · Neobanks in Brazil (11)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.