BTG Pactual completed the acquisition of a 48% stake in meutudo. for BRL480m.

BTG Pactual, a Brazilian financial company that operates in the markets of Investment banking, completed the acquisition of a 48% stake in meutudo., a digital credit platform based in Brazil that specialises in providing payroll-deducted loans for workers, including retirees and pensioners, for BRL480m. "This transaction, subject to regulatory approvals, reinforces our expansion strategy in the sector and expands our ability to offer affordable credit," Roberto Sallouti, BTG Pactual CEO.