Orlando's Exploria Stadium, home of Orlando City soccer, now has a new name

ORLANDO, Fla. - Goodbye Exploria Stadium, hello Inter&Co Stadium!

Orlando City and Orlando Pride officials held a press conference on Thursday afternoon to announce the stadium naming rights update. 

News of the newly named Inter&Co Stadium comes weeks after the Orlando Magic announced its home arena would be renamed from the Amway Center to the Kia Center.  

Inter&Co, a Brazil-based provider of financial and digital commerce services, became City and Pride's official financial institution in September. You can watch the press conference in the video player above. 

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This marks the first international partner for Orlando City and is also the first financial institution with Latin American roots to own the naming rights of a major stadium in the U.S., according to Orlando City. 

"Today, we're writing the first page in a brand-new chapter of this Club's history. We are so excited to have a partner who aligns with our vision and our Club's standards and values. Our overall vision for a better, brighter and slightly more orange tomorrow. That future is officially here," Orlando City host and sideline reporter Gabrielle Amado said during Thursday's press conference. "To Inter&Co, we're so honored to have you as part of our Orlando family, and to the City of Orlando and to the world, welcome to Inter&Co Stadium." 

Club President Jarrod Dillon also announced "significant state-of-the-art upgrades," which are slated to be completed by Orlando City's home opener on Feb. 24. Some changes include 5 million LED pixels, new video boards, and video walls, 250 new TV monitors throughout the stadium, new Wi-Fi and 5G connectivity and terrace seating. 

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"We are excited to take our partnership with Orlando to the next level. This is a breakthrough moment for our company as we expand our presence in the United States –  it will allow us to connect with Orlando’s young and diverse population, including a vibrant Latino community, through our shared love for soccer," said Inter&Co CEO João Vitor Menin. "And we could not have asked for a better partner to build upon this state-of-the-art venue where Central Floridians come together, and visitors from all over the world have memorable experiences."