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New Deal


Announced

Geru to merge with Rebel in a $185m deal.

Synopsis

Geru, a Brazilian fintech firm, agreed to merge with Rebel, a fintech firm, in a $185m deal. Geru and Rebel will continue to operate independently, each focused on a specific audience – which extends the reach of Open. Geru targets the customer who has access to the banking and credit system, offering a fully digital service platform with reduced rates.

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