“Brazilian fintech Ebanx, which is backed by U.S. private equity firm Advent International, has acquired international money transfer firm Remessa Online for $229 million, according to a statement on Wednesday. Ebanx’s co-founder Joao Del Valle said in the statement that Remessa Online’s remittance services will complement its payments business, mostly focused on processing payments from clients of global websites, and accelerate growth.”
Advent-backed Fintech Ebanx Acquired Remessa Online for $229 Mln
Reuters
