How many employees work at Banco Modal?

Banco Modal SA has approximately 625 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Banco Modal’s total headcount has declined 26.4% from 849 employees in 2023 to 625 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

Is Banco Modal hiring right now?

Yes, Banco Modal is actively hiring. Banco Modal had 106 active job postings in 2026, a 28.0% increase from 2025 see job openings & hiring trends.

About Banco Modal’s Workforce

Banco Modal SA is a Financial Services company that employs 625 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1995, the company is headquartered in Rio de Janeiro, Brazil.

Banco Modal's workforce has declined 26.4% from 2023 to 2026, down 3.7% year over year in 2026. It fell to a low of 588 in 2024 Q4 before recovering. Its workforce is concentrated most in South America (82.5%), followed by South Asia (8.1%) and North America (2.1%).

Banco Modal's functional groups are Finance and Operations (40.5%), Engineering (36.5%), and Sales and Marketing (23.0%), with Sales and Marketing growing fastest (up 5.5%). The average salary is $12,776, ranging from a median of $65,000 in North America to $3,000 in Sub-Saharan Africa, down 2.2% year over year in 2026.

Banco Modal's active job postings rose 28.0% in 2026 to 106, with new postings per month cooling from 74 in 2023 to 43 in 2026. Overall employee sentiment is neutral but improving.

Sourced from Revelio Labs workforce data.

Headquarters
Rio de Janeiro, Brazil
Founded
1995
Industry
Financial Services
Employees
625
YoY
-3.7% (+15)

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Banco Modal Annual Employee Count (2023-2026)

Interactive chart of Banco Modal annual worldwide employee count from 2023 to 2026.
  • Banco Modal had 625 employees in 2026, a 3.7% decline (+15) from 2025.
  • Banco Modal had 620 employees in 2025, a 1.9% decline (+32) from 2024.
  • Banco Modal had 588 employees in 2024, a 3.5% decline (-65) from 2023.
  • Banco Modal had 653 employees in 2023, a 8.4% decline (-364) from 2022.

Banco Modal's total workforce has grown from 588 employees in 2024 to 625 in 2026. Banco Modal's headcount peaked at 849 in 2023 before declining in 2024 and recovering through 2025 and 2026.

Banco Modal SA quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q1625+15-3.7%
2025Q4620+32-1.9%
2025Q3616+24-0.1%
2025Q2611+16+0.5%
2025Q1610+4+0.9%
2024Q4588-65-3.5%
2024Q3592-143-7.8%
2024Q2595-254-9.9%
2024Q1606-324-9.2%
2023Q4653-364-8.4%
2023Q3735-346-7.9%
2023Q2849-280-6.0%

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Banco Modal Employee Count by Region (2026)

South America accounts for the largest share of Banco Modal's global workforce with approximately 83% of total employees, followed by South Asia and North America.

Banco Modal employees by region

RegionEmployees% of Total
South America51182.5%
South Asia508.1%
North America132.1%
Sub-Saharan Africa101.7%
Southern Europe81.3%
Northern Europe60.9%
Central America and the Caribbean50.8%
Western Europe40.7%
Southeast Asia30.5%
Arab States30.4%

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Banco Modal Employee Count by Department (2026)

Banco Modal's employee groups are Finance and Operations (40.5%), Engineering (36.5%), and Sales and Marketing (23.0%).

Banco Modal employees by department

DepartmentEmployees% of Total
Finance and Operations24940.5%
Engineering22436.5%
Sales and Marketing14123.0%

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Banco Modal Employee Salary by Region (2026)

Banco Modal's average employee salary is $12,776 globally. Employees in North America receive the highest compensation, with median pay approximately 5.1x the global average. Pay is lowest in Sub-Saharan Africa, at a median of $3,000.

Banco Modal median employee salary by region (USD)

RegionMedian Salary
East Asia$226,000
North America$65,000
Arab States$39,000
Western Europe$39,000
Central America and the Caribbean$33,000
Northern Europe$32,000
Eastern Europe$30,000
Southern Europe$27,000
Southeast Asia$15,000
Central and Western Asia$7,000
South America$6,000
South Asia$4,000
Sub-Saharan Africa$3,000

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Banco Modal Job Openings and Hiring Trends (2023-2026)

Interactive chart of Banco Modal annual active job postings from 2023 to 2026.
  • Banco Modal had 106 active job postings in 2026, a 28.0% increase (+11) from 2025.
  • Banco Modal had 95 active job postings in 2025, a 51.7% increase (+39) from 2024.
  • Banco Modal had 56 active job postings in 2024, a 72.0% decline (-63) from 2023.
  • Banco Modal had 119 active job postings in 2023, a 72.0% increase from 2022.
  • Hiring velocity in 2026: 43 new roles/month, down from 50 in 2025 and 52 in 2024.

Banco Modal's active job postings rose 28.0% in 2026 to 106, with new postings per month cooling from 74 in 2023 to 43 in 2026.

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Banco Modal Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Banco Modal's workforce based on public professional data. Overall sentiment is neutral and has improved year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Banco Modal

How fast is Banco Modal growing?
In 2026, Banco Modal's headcount shrank 3.7% to 625 employees, up from 610 in 2025.
See the full headcount history
Where are Banco Modal employees located?
Most Banco Modal employees are based in South America (82.5% of headcount), followed by South Asia and North America.
Explore where the workforce is based
What is the average salary at Banco Modal?
The average employee salary at Banco Modal is approximately $12.8k per year.
Analyze the salary distribution
How many new job postings does Banco Modal open per year?
In Q1 2026, Banco Modal opened 128 new job postings. In 2025, Banco Modal opened 603 new job postings — about 50 per month.
Track hiring trends by role
When was Banco Modal founded and where is it headquartered?
Banco Modal was founded in 1995 and is headquartered in Rio de Janeiro, Brazil.
Compare Banco Modal to industry peers

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