Interco

Interco

Metals and electronics recycling

Overview

Interco is a recycling company processing nonferrous metals, electronics, batteries, and related materials. The company buys, sorts, processes, and markets recoverable commodities from commercial and industrial waste streams. It serves manufacturers, scrap suppliers, logistics partners, commodity buyers, and recycling customers. Its operating model centers on facility operations connecting inbound purchasing, material processing, quality, logistics, and commodity sales. Teams work across recycling operations, equipment, maintenance, logistics, purchasing, sales, safety, and administration. The business combines technical knowledge, practical execution, and ongoing support across the markets it serves.

About Interco

Simplify's Rating
Why Interco is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

N/A

Company Stage

N/A

Total Funding

N/A

Headquarters

United Kingdom

Founded

N/A

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Simplify's Take

What believers are saying

  • 1Q26 net income reached R$395 million, up 37.8% year over year.
  • Gross loan portfolio hit R$50 billion in 1Q26, growing 33% year over year.
  • PIX and cards reached a R$1.7 trillion annual run rate, with 8.5% PIX share.

What critics are saying

  • NPLs rose to 5.1% in 1Q26; aggressive payroll lending raised 2026 cost of risk to 6%.
  • Investors punished 1Q26 results, sending INTR down 14.5% on May 7, 2026.
  • NuBank and other digital banks pressure Inter’s margins, forcing heavier credit growth to defend share.

What makes Interco unique

  • Inter&Co serves 44 million customers through a single super app, as of May 2026.
  • Seven, launched in 1Q26, turns banking into AI-guided transactions inside the app.
  • Miami branch and U.S. operations support regulated cross-border services for Brazilian and U.S. customers.

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Benefits

Hybrid Work Options

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Interco is Hiring for 3 Jobs on Simplify!

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