C6 Bank

C6 Bank

C6 Bank has grown at unprecedented speed in just four years, serving more than 25m customers in its home region of Brazil

As we embarked on our project to build Brazil’s first automatic carbon footprint calculator product in a bank’s app, we needed to partner with a world-class core banking technology provider. We selected Vault Core for its product quality and modern design: it is highly performant and event-driven. It allows us to access data in real-time, and scale quickly.

Quote Mark Image

Nelson Novaes

CTO
C6 bank cards
C6 bank cards

Challenges

C6 Bank has grown at unprecedented speed in just four years, serving more than 25m customers in its home region of Brazil. 

In addition, C6 Bank has a strategic ambition to deliver the leading digital banking experience in the Latam region. C6 selected Vault Core and adopted an agile, flexible platform suitable for developing a specific service to measure a client’s carbon footprint. 

One of C6 Bank’s strategic aims is to launch products in the market that truly redefine digital banking in the region, including ESG-centric products that positively impact the environment. 

The bank built a carbon footprint tool, which is now live on Vault Core: the first product of its kind in Brazil. Additionally, C6 Bank purchases credits generated by socio-environmental projects in the Amazon rainforest and is part of the Movimento Ambição Net Zero, a UN Global Compact initiative in Brazil.

C6 bank cards
C6 bank cards

Our Story

C6 Bank is a full-service digital bank offering various products, including checking and savings accounts, debit and credit cards, multi-currency global accounts, investments, and lending products. The bank is 40% owned by JPMorgan Chase, which acquired a portion of the bank in 2021.

Growing at speed requires the right infrastructure and technology. While mainframe hardware has the potential to handle high throughput and volume, scaling it is a vertical endeavour, requiring the provision or installation of additional CPUs, storage, or memory to handle higher workloads. The cloud, on the other hand, scales horizontally as required.

By running in the cloud, our platform distributes processing across multiple servers and requests additional resources when needed. Conversely, it only uses the hardware and servers it needs in quieter periods, thereby offering efficiency benefits for banks compared to always-on hardware.

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As we embarked on our project to build Brazil’s first automatic carbon footprint calculator product in a bank’s app, we needed to partner with a world-class core banking technology provider. We selected Vault Core for its product quality and modern design: it is highly performant and event-driven. It allows us to access data in real-time, and scale quickly.

Quote Mark Image

Nelson Novaes

CTO

Project details

Project year

2022

Bank type

Greenfield

Cloud partner

AWS

Geography

Brazil