MergerLinks Header Logo

Announced

Completed

SoftBank-backed Banco Inter completed the acquisition of USEND for $157m.

Synopsis

SoftBank-backed Banco Inter, a Brazilian digital bank, completed the acquisition of USEND, a financial startup, for $157m. "Our digital account will allow the client to buy its air ticket, transfer US dollars to the international account and pay its expenses in the trip, all in a single app. And these are just the first steps. Our planning includes an international account for US residents that is scheduled to be launched in the second semester" João Vitor Menin, Inter CEO.

Principals

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US