Serasa Experian to acquire SalaryFits.

Serasa Experian, a provider of services for supplier management, acquisition and credit granting, fraud and validation, agreed to acquire SalaryFits, a platform that allows financial institutions to integrate their systems with payroll information of entities. Financial terms were not disclosed. The objective of the new acquisition is to “create new business models and offers to leverage payroll loans in the country, promoting financial inclusion and fair credit”.