M&A Deal Summary

Credijusto Acquires Banco Finterra

On June 15, 2021, Credijusto acquired financial services company Banco Finterra

Acquisition Highlights
  • This is Credijusto’s 1st transaction in the Financial Services sector.
  • This is Credijusto’s 2nd transaction in Mexico.

M&A Deal Summary

Date 2021-06-15
Target Banco Finterra
Sector Financial Services
Buyer(s) Credijusto
Deal Type Add-on Acquisition

Target

Banco Finterra

Mexico, Mexico
Banco Finterra is a Mexico City-based bank that specializes in financing solutions for small businesses and the agriculture sector. Banco Finterra provides high-quality credit products and flexible investment products to SMEs. Banco Finterra was founded in 2016 and is based in Mexico City.

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Buyer(S) 1

Buyer

Credijusto

Mexico City, Mexico

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Credijusto is a financial technology company focused on lending to the underserved and rapidly growing small and medium-sized enterprise (SME) market in Mexico via products that are superior in price, speed of delivery, and quality of customer experience. The company uses a combination of cutting-edge software design, innovative applications of data science, and advanced internal processes for decision making and product structuring. Credijusto was formed in 2015 and is based in Mexico City, Mexico.


DEAL STATS #
Overall 2 of 2
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Mexico M&A 2 of 2
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-21 Visor

Mexico City, Mexico

Visor is a data analytics and digital factoring platform that has analyzed over 15,000 companies in Latin America. Additionally, its services have been used by over 40 financial institutions, marketplaces, and corporations to assess the credit risk of the companies they do business with. Visor is an important source of analytics for development banks and supply chain financing firms, which utilize the platform's technology to offer credit solutions to their clients. Visor was formed in 2015 and is based in Mexico City, Mexico.

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