Banco Itaú Chile to acquire Klap for CLP40bn.

Banco Itaú Chile, a commercial bank, agreed to acquire Klap, a Chilean company specializing in face-to-face and online payment solutions, for CLP40bn. “The acquisition of Klap will mark a strategic milestone for Itaú Chile. Once completed, it will allow us to fully integrate issuing and acquiring capabilities, while advancing toward an integrated ecosystem of payment methods, transactional services and financing solutions. In this way, we will further support the growth of SMEs and companies, while decisively promoting the digitalization of commerce by expanding access to technologically advanced and secure electronic payment methods,” André Gailey, Itaú Chile CEO.