The agreement for the acquisition of NetPay had been announced in November 2022. FEMSA had owned minority shares in the fintech since 2019.
On Monday, Finastra and Jifiti announced a point of sale Buy Now Pay Later (BNPL) embedded finance partnership for financial institutions.
This week, PicPay, one of the leading digital wallets in Brazil, announced a new acquisition in a bid to gain ground in Brazil's trillion-dollar loan market.
Wednesday morning Goldman Sachs, not looking to be left behind, announced it would be acquiring GreenSky for $2.24 billion.
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