BNDES Approves R$46.8 Million for Brazil’s First AI Banking Platform with Nationwide Fintech Integration

BNDES Backs PD Case in Developing AI Platform for Brazil’s Financial Sector

The Brazilian Development Bank (BNDES) has approved R$46.8 million in financing to support PD Case Informática Ltda., a Minas Gerais-based tech company. The investment will fund the creation of an innovative artificial intelligence (AI) platform tailored for the financial sector, aiming to optimize banking systems and processes while fostering fintech growth.

Known as PD Bank 3.0, the platform introduces cloud-based APIs that facilitate customization and seamless integration with existing financial infrastructures. This marks a significant upgrade from PD Case’s current offerings and will enable faster deployment of new financial products.

Platform Features and Workforce

PD Bank 3.0 supports banking-as-a-service (BaaS), allowing companies from various industries to offer financial products traditionally exclusive to banks. For example, retailers could issue their own payment cards or provide instant payment options like Pix.

The project will engage a multidisciplinary team of 90 professionals, including business intelligence analysts, software architects, AI specialists, and data lake experts. Key functionalities include card issuance, instant payment integration, on-demand banking services such as credit granting and account management, and fast rollout of new financial solutions.

Strategic Alignment and Industry Impact

Aloizio Mercadante, president of BNDES, highlights the project's alignment with Brazil’s industrial policy, New Industry Brazil. The platform’s flexibility extends benefits beyond financial institutions to other sectors seeking to diversify their customer offerings through embedded finance.

Rafael Evangelista, managing partner at PD Case, emphasizes that this partnership enhances the company’s capacity to innovate and accelerate digital transformation across banks, fintechs, and other organizations adopting the BaaS model.

BNDES Investment in AI and Innovation

BNDES has allocated over R$1 billion in credit for AI-related projects, focusing mainly on integrators and application developers that link AI technologies with end users. This includes fintechs and healthtechs, alongside investments in hardware and infrastructure development. These funds primarily come from the BNDES Mais Inovação program, which also finances the PD Bank 3.0 initiative in full.

About PD Case Informática Ltda.

With a nationwide presence and headquarters in Minas Gerais, PD Case offers integrated financial solutions supporting transactions and information exchange across core banking systems. Their portfolio covers registration, acquisition, payment processing, collections, clearing, and automatic debit management.

The company also delivers comprehensive modules for development banks and agencies, handling credit analysis and granting, portfolio and risk management, compliance, accounting, legal reporting, and regulation within a single platform.

PD Case currently holds 22 software registrations with the National Institute of Industrial Property (INPI). Their growing engagement with public banks, fintechs, and regional agencies has increased demand for Open Finance, Pix, and BaaS infrastructure solutions. In response, the company invested around R$20 million last year in research, development, and innovation initiatives.

Major clients include Banco do Nordeste (BNB), Banco de Brasília (BRB), Banco Regional de Desenvolvimento do Extremo Sul (BRDE), Banco do Estado de Sergipe (Banese), Banco do Estado do Espírito Santo (Banestes), and development agencies like AGE-PE and Afap. Older product versions remain in use at Banco da Amazônia (Basa), Banco do Estado do Pará (Banpará), and other institutions. PD Case also supports various public sector bodies, including energy companies, police forces, courts, and finance departments across several states.

Further Learning

For finance and IT professionals interested in AI applications within financial services, exploring specialized AI courses can provide practical insights and skills. Resources such as Complete AI Training's AI tools for finance offer valuable guidance on integrating AI into financial systems and products.