Brazil’s Matera Acquires Cinnecta to Bring AI to Instant Payments, Driving Innovation in the Financial Sector

Brazilian fintech player Matera is set to revolutionize the country’s instant payments landscape by integrating artificial intelligence (AI) into its platform. This major development comes after Matera’s recent acquisition of local outfit Cinnecta, a move that will enable Matera to harness Cinnecta’s advanced AI capabilities. With this strategic partnership, Matera aims to develop innovative products and services tailored to financial institutions, credit card companies, and consumers, ushering in an era of intelligent, actionable insights for enhanced sales capabilities.

Matera’s role in the Brazilian market

As a key player in the Brazilian market, Matera has established itself as a leading fintech company. Its contributions to the Pix instant payments ecosystem have made a significant impact, handling over 300 million Pix payments each month. Of these transactions, an impressive 60 million are initiated using QR codes, highlighting the pivotal role played by Matera’s technology in driving convenient and secure instant payments in Brazil.

Matera’s technology in Pix Payments

Matera’s technology has been instrumental in facilitating the seamless processing of Pix payments. Through its innovative solutions, Matera has ensured the smooth execution of millions of transactions monthly. Their advanced systems, backed by a robust infrastructure, have provided users with a frictionless experience when making instant payments. Furthermore, the integration of QR codes has added a layer of convenience, allowing users to initiate payments quickly and easily.

Utilizing Cinnecta’s AI capabilities

With the acquisition of Cinnecta, Matera stands to enhance its capabilities in the realm of AI. By leveraging Cinnecta’s expertise, Matera aims to develop cutting-edge products and services that will cater to the evolving needs of financial institutions, credit card companies, and consumers. Cinnecta’s AI capabilities will enable Matera to analyze vast amounts of data in real-time, uncovering valuable insights and trends to drive informed decision-making.

Boosting clients’ sales capabilities

The primary objective of the Matera-Cinnecta partnership is to equip clients with intelligent, actionable insights that will bolster their sales capabilities. By analyzing transactional data and consumer behavior patterns, Matera will offer its clients valuable recommendations and strategies to optimize their sales processes. This AI-powered approach will empower financial institutions, credit card companies, and consumers to make informed decisions, ultimately leading to increased sales and revenue.

Seamless integration between retail banks and merchant services

One of Matera’s key goals, as highlighted by CEO Carlos Netto, is to enable clients to add significant value to their Pix transactions. Through seamless integration between retail banks and merchant services, Matera aims to unlock the potential for increased transaction volumes, enhanced customer retention, and improved business growth. By streamlining the payment process and providing tailored solutions, Matera strives to create a cohesive ecosystem that benefits all stakeholders involved.

Strategic support from Cinnecta

Cinnecta’s AI capabilities will serve as a strategic pillar in Matera’s visionary approach to the financial sector. With Cinnecta’s support, Matera will be at the forefront of implementing innovative solutions that leverage AI, propelling the industry forward. This partnership will strengthen Matera’s ability to meet the evolving needs of its clients while enhancing operational efficiency and driving sustainable growth.

Matera’s Contribution to Expanding Fintech in Brazil

Matera has been instrumental in fostering the expansion of Pix in Brazil, enriching the financial ecosystem with innovation and synergy. Through its continuous efforts to deliver cutting-edge solutions, Matera has played a pivotal role in shaping the landscape of instant payments. By incorporating Cinnecta’s AI capabilities into their offerings, Matera reinforces its commitment to driving growth and excellence in the financial sector.

Elevating commitment to growth and excellence

The acquisition of Cinnecta marks a significant milestone in Matera’s journey towards growth and excellence. With this strategic move, Matera aims to capitalize on AI-powered instant payments, driving innovation and reshaping the financial sector in Brazil. The integration of Cinnecta’s AI capabilities will empower Matera to offer advanced solutions and services, providing their clients with a competitive edge and solidifying their position as an industry leader.

Matera’s acquisition of Cinnecta propels the Brazilian instant payments landscape into a new era of AI-driven innovation. Through this strategic partnership, Matera aims to revolutionize financial services, offering tailor-made products and services that drive sales capabilities and foster growth. By seamlessly connecting retail banks with merchant services and incorporating cutting-edge AI technology, Matera is well-positioned to enhance the Pix instant payments ecosystem, delivering added value and propelling the financial sector into a future of excellence and innovation.

Explore more

How Are Non-Banking Apps Transforming Into Your New Banks?

Introduction In today’s digital landscape, a staggering number of everyday apps—think ride-sharing platforms, e-commerce sites, and social media—are quietly evolving into financial powerhouses, handling payments, loans, and even investments without users ever stepping into a traditional bank. This shift, driven by a concept known as embedded finance, is reshaping how financial services are accessed, making them more integrated into daily

Trend Analysis: Embedded Finance in Freight Industry

A Financial Revolution on the Move In an era where technology seamlessly intertwines with daily operations, embedded finance emerges as a transformative force, redefining how industries manage transactions and fuel growth, with the freight sector standing at the forefront of this shift. This innovative approach integrates financial services directly into non-financial platforms, allowing businesses to offer payments, lending, and insurance

Visa and Transcard Launch Freight Finance Platform with AI

Could a single digital platform finally solve the freight industry’s persistent cash flow woes, and could it be the game-changer that logistics has been waiting for in an era of rapid global trade? Visa and Transcard have joined forces to launch an embedded finance solution that promises to redefine how freight forwarders and airlines manage payments. Integrated with WebCargo by

Crypto Payroll: Revolutionizing Salary Payments for the Future

In a world where digital transactions dominate daily life, imagine a paycheck that arrives not as dollars in a bank account but as cryptocurrency in a digital wallet, settled in minutes regardless of borders. This isn’t science fiction—it’s happening now in 2025, with companies across the globe experimenting with crypto payroll to redefine how employees are compensated. This emerging trend

How Can RPA Transform Customer Satisfaction in Business?

In today’s fast-paced marketplace, businesses face an unrelenting challenge: keeping customers satisfied when expectations for speed and personalization skyrocket daily, and failure to meet these demands can lead to significant consequences. Picture a retail giant swamped during a holiday sale, with thousands of orders flooding in and customer inquiries piling up unanswered. A single delay can spiral into negative reviews,