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Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil

Summary by Fintech Finance
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A. (“Tecnobank”), a leading fintech vendor in Brazil’s digital vehicle financing contract registration sector, through its wholly-owned subsidiary Evertec Brasil Informática S.A. “We are excited to welcome the Tecnobank team to Evert…
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Evertec completes the purchase of Brazilian company Tecnobank Mac Schuessler, president of Evertec. Photo provided By Editor of Sin Comillas Evertec (NYSE: EVTC), company of processing of payment transactions, has announced that the acquisition of 75% of Tecnobank, a Brazilian entity of financial technology. The transaction, valued at about $148 million to the change, was approved in September by the Administrative Council of Economic Defense (C…

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Fintech Finance broke the news in on Thursday, October 2, 2025.
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