Zimpler has reached another significant step in its Latin American expansion after receiving official approval from the Central Bank of Brazil to operate as a Pix participant. The authorization positions the Swedish Pay-by-Bank provider to deliver real-time transactions directly through Brazil’s instant payment network, solidifying its standing as a key player in one of the world’s most advanced Open Finance markets.
Strengthening Operations in Brazil
The newly granted Pix approval marks a continuation of Zimpler’s steady progress in Brazil, where the company first established operations in São Paulo in 2022. Having already obtained a Payment Institution license earlier this year, Zimpler’s latest milestone allows it to deliver fully compliant instant payment solutions. This includes enabling businesses to process account-to-account transfers efficiently and securely across e-commerce, iGaming, and other digital sectors.
“This authorisation marks a key milestone for Zimpler in Brazil,” said Johan Strand, CEO of Zimpler. “Pix is one of the most successful instant payment systems globally, and we’re proud to bring our European experience in Pay-by-Bank technology to support its continued growth. This step allows us to deepen our local partnerships and help businesses unlock the full potential of Open Finance in Brazil.”
The company emphasized that its compliance, security, and governance standards align fully with the Central Bank’s framework. Brazil’s regulatory environment for fintechs has grown increasingly demanding, yet Zimpler’s adherence to international best practices has ensured smooth authorization.
Building on Previous Authorisations
The Pix approval follows Zimpler’s earlier certification as a Payment Institution (PI) from the same regulator — a milestone that gave the firm the ability to act as a licensed electronic money institution in Brazil. That certification allowed Zimpler to handle transactions directly without redirecting users to third-party banking apps, streamlining payments and cutting operational friction.
At the time, CEO Johan Strand highlighted that the authorization underscored Zimpler’s commitment to the local market and its ambition to enhance Open Finance participation. “The recognition of Zimpler as a payment initiator reinforces our commitment to this local market, which offers a great opportunity for growth and value in a very dynamic and competitive environment,” he said.
According to Business Sweden’s Trade Commissioner in Brazil, Andreas Rentner, Zimpler’s success demonstrates “the strength of Swedish innovation and the mutual benefits that come from closer economic collaboration between Sweden and Brazil.”
Expanding Role in Open Finance
Sabrina Faria, Managing Director of Zimpler Brazil, noted that Pix integration provides a more direct connection to local infrastructure. “Being authorised to operate Pix allows us to integrate seamlessly into local infrastructure, offering businesses faster payments, lower costs, and full compliance without unnecessary intermediaries,” she said.
With this development, Zimpler joins Brazil’s fast-growing instant-payment ecosystem, which already counts tens of millions of active users. The move strengthens the company’s ability to provide localized services for a wide range of industries, particularly in sectors like iGaming and online marketplaces, where speed and security are paramount.
Zimpler’s expansion into Brazil also draws on its Nordic experience, where the company helped power Sweden’s Swish network, used by over 80 percent of the population. Leveraging that expertise, Zimpler plans to replicate the success of Swish through Pix to help businesses benefit from instant and fully traceable Pay-by-Bank transactions.
Global Growth and TrueLayer Integration
This latest milestone follows another headline development: Zimpler’s acquisition agreement with TrueLayer, announced in October 2025. The merger will unite two of Europe’s most prominent Pay-by-Bank networks, creating what TrueLayer described as a “European Pay-by-Bank powerhouse.”
“I am excited to welcome the Zimpler team to TrueLayer,” said Francesco Simoneschi, CEO and Co-founder of TrueLayer. “We’re not just expanding our footprint in the Nordics – we’re combining talent, technology, and scale to accelerate Pay-by-Bank adoption across the continent.”
Strand added that the merger “will enable us to reach new heights and drive the next wave of growth in the industry,” while ensuring continued focus on regulated markets like Brazil.
Reinforcing a Global Pay-by-Bank Network
Through Pix participation and the upcoming TrueLayer merger, Zimpler now stands at the forefront of cross-continental Pay-by-Bank innovation. The company currently connects more than 350 million bank accounts across 25 markets and holds payment institution licenses in several jurisdictions.
By merging its Nordic expertise with Latin American innovation, Zimpler is helping shape a borderless, instant-payment future that connects European and Brazilian fintech ecosystems under shared principles of transparency, compliance, and accessibility.
Source:
“Zimpler receives official Pix authorisation from the Central Bank of Brazil“, zimpler.com, November 3, 2025.
