Demarest Advogados Advised Banco Inter in the Acquisition of Usend

Banco Inter acquires Fintech Usend

Demarest advised Banco Inter in the signing of an agreement for the acquisition of 100% of the shares of Pronto Money Transfer, Inc., parent company of Brazil’s Fintech USEND.

The transaction Demarest advised Banco Inter in the acquisition of Usend was structured through the purchase of its parent company, Pronto Money Transfer, Inc.

Demarest Advogados deal team was led by partner José Setti Diaz (pictured) and with the participation of corporate associate Fábio Tayar.

Partner José Setti Diaz is a member of the Mergers and Acquisitions, International Trade and Government Relations Practices.

Demarest Advogados is one of Brazil’s most traditional law firms and a full service firm with headquarters in São Paulo and offices in Rio de Janeiro, Brasilia and New York.

Beyond the Law.News was not informed of nor could it verify the name of the law firms representing or acting on behalf of the parties.

Transaction Details In

Banco Inter Acquisition of Fintech Usend is Signed