OpenFinance Brazil - Secure Personal Finances

Learn how Snabber uses Brazil's Central Bank OpenFinance to securely connect your bank accounts without sharing passwords.

What is OpenFinance Brazil?

OpenFinance is a standard created by Brazil's Central Bank that allows customers to share their financial data with third parties securely and in a controlled manner. It's an evolution of Open Banking that ensures security, privacy, and full control over your data.

Unlike old security methods (like sharing passwords), OpenFinance uses modern protocols and cutting-edge encryption to ensure that only you control who accesses your data.

Important fact: OpenFinance is regulated and supervised by Brazil's Central Bank, ensuring all participants follow rigorous security and compliance standards.

How It Works in Snabber

1. Select Bank

You choose which banks and financial institutions you want to connect (Nubank, Bradesco, Itaú, etc.).

2. Secure Authentication

You're redirected to your bank's website to log in. Snabber never sees your password.Authentication happens directly with your bank, following international security protocols (OAuth 2.0).

3. Access Authorization

Your bank asks for your explicit permission to share your data with Snabber. You have full control over which information (accounts, transactions, investments) is shared.

4. Automatic Synchronization

Your data is automatically synchronized securely. Snabber receives only the information you authorized, encrypted and protected.

5. Revoke Access Anytime

You can revoke access anytime in your bank's settings or directly in Snabber. We immediately lose access.

OpenFinance Advantages

🔒 Superior Security

You never share your passwords. Uses modern protocols like OAuth and cutting-edge encryption.

👤 Guaranteed Privacy

You control exactly which data is shared and with whom. Nobody accesses without your permission.

⚡ Real-Time Data

Your transactions, balances, and investments are automatically updated in real-time in Snabber.

🏦 Multiple Banks

Connect accounts from various banks and financial institutions in one place.

📊 Complete View

See all your finances in one unified dashboard: accounts, investments, credits, etc.

🛡️ Regulated

OpenFinance is supervised by Brazil's Central Bank with rigorous security standards.

Security in Detail

End-to-End Encryption

All data received via OpenFinance is encrypted with international standards. Even if intercepted, it's unreadable without decryption keys.

Secure Backup

Your data is stored on secure servers with redundancy, automatic backup, and LGPD compliance.

LGPD Compliance

Snabber is in full compliance with Brazil's General Data Protection Law, guaranteeing rights like access, correction, and data deletion.

Traceability

All data access is logged. You can see who, when, and how your data was accessed.

Permission Control

You define exactly which data Snabber can access. Can be transactions only, investments, or other information.

What Data Can Snabber Access?

✓ Always With Authorization

  • • Transaction statements
  • • Account balances
  • • Investment data
  • • Loans and credits
  • • Credit limit
  • • Exchange data

✗ Never Has Access

  • • Your passwords
  • • Mobile/CPF data
  • • Government identification
  • • Residential address
  • • Contact information
  • • Personal information

Connect Your Banks Securely

Use OpenFinance to aggregate all your financial accounts in one secure place.

Get Started Now

Frequently Asked Questions about OpenFinance

Does Snabber see my password?

No. You log in directly to your bank using your bank's official website or app. Snabber never sees your password.

Is it safe to connect my bank?

Yes. OpenFinance is regulated by Brazil's Central Bank and uses cutting-edge security technology. It's much safer than sharing your username and password.

Can I revoke access?

Yes, anytime. You can disconnect your account in Snabber settings or your bank. Access is revoked immediately.

Which banks are supported?

Snabber supports all banks participating in Brazil's Central Bank OpenFinance, including major banks (Itaú, Bradesco, Banco do Brasil), fintechs (Nubank, Inter, Neon), and others.

Is my historical data imported?

Yes. When you connect an account, Snabber imports available transaction history, depending on what the bank allows to be shared.

Is there a limit to institutions I can connect?

No. You can connect as many banks and financial institutions as you want. All data is aggregated in a single dashboard.