A prominent payments fintech from Europe has achieved authorization from the Brazilian Central Bank, further cementing its operations and organizational stability within Brazil.

São Paulo, June 4, 2025 – Zimpler, recognized as a top Swedish company specializing in Pay-by-bank technologies, has officially become a certified Payment Institution (PI) with approval from Brazil’s Central Bank. With this new status, Zimpler can now provide payments and other Open Finance tools, making checkout easier by letting direct transactions happen without sending users to their bank’s app. This new development backs up and strengthens Zimpler’s plans for building its foundation in Brazil’s growing financial market.

Zimpler Secures Central Bank Approval to Boost Brazil’s Digital Payments Landscape 

“We are very happy with the authorization from the Central Bank of Brazil. Zimpler is now recognized as a payment initiator, which proves we are serious about investing in this country. Brazil’s market moves quickly and is full of chances to grow and add value,” said Johan Strand, Zimpler’s CEO. Additionally, Zimpler is now permitted to operate as an electronic money institution—this adds more support for Brazil’s Open Finance system, which is already among the world’s most advanced setups.

Sweden’s leading payments fintech is joining Brazil, helping companies in the country to benefit from Zimpler’s smooth payment process, which could help them beat rivals in this fast-changing space. “This achievement underlines how powerful Swedish ideas are, and it also highlights what can be gained when Sweden and Brazil work more closely together,” said Andreas Rentner, Trade Commissioner and Country Manager, Business Sweden in Brazil. Sweden’s reputation for being ahead in financial technology is strong, and leaders like Zimpler are using their trusted digital solutions to help grow Brazil’s active digital economy.

Zimpler Brings Swedish Fintech Expertise to Brazil, Strengthening Open Finance and Real-Time Payments

Current data from the Open Finance Brasil site shows more than 64 million active consents and over 42 million clients in its ecosystem. Constant innovation keeps bringing top fintechs into Brazil’s market. Recently, Zimpler became the very first payment initiator for Swish, which acts like Sweden’s Pix, totally shaking up Sweden’s digital finance scene and making Zimpler one of Europe’s top payment fintech firms.

“With experience serving over 80% of Sweden’s people using Swish, Zimpler is now delivering proven technology to Brazil through Pix, which stands as one of the world’s best real-time payment systems. Our plan is to help Brazilian companies take full advantage of Open Finance by using secure, fast payments that can spark new business growth,” Strand continued.

Gaining the Central Bank’s approval marks another important step for Zimpler after opening its São Paulo office in 2022. Now, the company is working hard to expand its business and strengthen partnerships in major areas such as iGaming, which looks poised for major success.

Press Contact

• press@zimpler.com
• Josefine Hedlund
• Phone: +46 738 556 572
• Email: josefine.hedlund@zimpler.com

About Zimpler

Zimpler leads the Pay-by-bank sector, linking businesses to more than 350 million customer bank accounts over 25 different markets. Started in Sweden in 2012, Zimpler’s mission is to make payments easier everywhere and open up new chances for business around the world. For further details, visit zimpler.com and follow the company’s progress on LinkedIn.