Celcoin, a Sao Paulo, Brazil-based financial technology infrastructure company, announced the acquisition of CobranSaaS, a Porto Alegre, Bazil-based provider of loan and debt collection management solutions.
The amount of the deal was not disclosed.
With the acquisition, Celcoin will expand its offerings.
Founded in 2013 by Marcos Gabbardo, Marcos Peruzzo, and Thiago Peruzzo, CobranSaaS offers a complete solution for loan management and collection, including servicing, recurring and non-recurring collections. It serves over 90 clients, including notable names like Cielo, Neon, Magalu, DM Card, Pernambucanas, C&A, and Empírica, issuing more than six million invoices each month.
Founded in 2016 and led by CEO Marcelo França, Celcoin is a financial infratech company whose payments, banking, and credit solutions, are used by regulated companies, such as banks, Payment Institutions (PIs), and Direct Credit Societies (SCDs), as well as non-financial players from any sector. Approximately 500 fintechs and digital banks, along with over 6,000 medium and large enterprises, are connected to Celcoin’s platform, collectively processing USD3.5 billion monthly.
The acquisition of CobranSaaS marks Celcoin’s fifth strategic acquisition since 2022.
Previous acquisitions included Galax Pay, which specializes in billing and sub-acquisition solutions, Flow Finance, which provides credit infrastructure, Finansystech, an Open Finance startup, and Reg+, a provider of technology solutions dedicated to regulatory compliance support.
FinSMEs
19/11/2024