Announced

Banco BV to acquire Bankly from Méliuz for $42m.

Synopsis

Banco BV, a private banking sector that provides financial and banking services, agreed to acquire Bankly, a company that offers banking banking as a service, from Méliuz, a Brazil-based Iinternet services provider, for $42m. We signed the definitive documents for the acquisition of 100% of the share capital of Bankly, one of the best banking-as-a-service platforms in Brazil! The transaction will total R$ 210 million and will be transformational for BV! Flavio Barcala," Banco BV Head of M&A.

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