Indra-backed Minsait Payments completed the acquisition of Credimatic.

Indra-backed Minsait Payments, a payment system services provider, completed the acquisition of Credimatic, a payment operator. Financial terms were not disclosed. “The acquisition of Credimatic will enable Minsait Payments to consolidate its leadership in the payment method industry in Latin America, which constitutes one of the pillars of Minsait’s growth. This deal will allow us to enter Ecuador, one of the few countries in the region where our presence is limited, and promote our highly innovative payment solutions and the new Open Banking services," Cristina Ruiz, Indra CEO.