Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
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Evertec Announces Closing Of Controlling Stake In Tecnobank, Expanding Product Offering In Brazil
EVERTEC, Inc. 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
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…
Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
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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