[ad_1]
Or digital bank Nubank announced on Friday the purchase of the brokerage Easynvest, as it seeks to enter the investment market, which has grown in Brazil at very low interest rates.
“During the last seven years, we have challenged the status quo to create a new generation of services in Latin America,” said the founder and president of Nubank, David Vélez, in a statement about the operation, which did not detail the amount paid by Easynvest .
“We have already freed 30 million people from the complexity of the financial system through practical, convenient, and primarily customer-focused products and services. Our wish is to do this also in the investment sector ”.
According to the statement, for now, nothing changes for the clients of the two platforms, and the companies begin to operate normally and independently. According to the note, Easynvest has 1.5 million clients.
A working group will be formed to plan the next integration steps, which will begin after regulatory approval, as the Easynvest purchase will be presented. central bank and to Administrative Council for Economic Defense.
“Our main objective has always been to promote people’s access to investments, so they can get the most out of their money. Now, with Nubank, we will be able to enhance this purpose ”, said the president of Easynvest, Fernando Miranda.
This is Nubank’s third acquisition in 2020. The digital bank bought technology consulting firm Plataformatec earlier this year and acquired North American software engineering company Cognitect two months ago.
