#Brazil
Unico Idtech Acquires Biometric Security CredDefence
Unico IDtech is on acquisition mode

Unico IDtech, formerly Acesso Digital, acquires for an undisclosed amount 100% of CredDefense, Brazil’s leader in facial biometric security in the rental car business.
Unico IDtech is on acquisition mode following a successful $100M injection of capital by Softbank and General Atlantic in 2020 (stories in https://bit.ly/3jdcRNN and https://bit.ly/3il2TuV).
Unico IDtech has already acquired Vianuvem early this year, a startup owner of digital platform solutions for processing the sales of automobiles nationwide.
Guilherme Cervieri, vice-president of Strategy and M&A at Unico, told Moacir Drska, editor of NeoFeedBrasil, that the acquisition will allow the company the entry into a new market.
About 70% of all rentals in Brazil go through CredDefense’s technology solution, said Jose Luis Volpini, CEO of CredDefense The company has over 200 clients in the space including leaders Unidas, Localiza and Movida.
The market is watching what other companies and sectors are on the platter of Unico IDtech yet to unfold.
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.
-
#Brazil11 meses ago
Je Suis Ukraine
-
#Brazil1 ano ago
Brazil Credit Fintech TerraMagna Raised $40 Million Led by Softbank in Its First Entry into Farming
-
#Latinamerica1 ano ago
Latin America Stands Out in November Venture Capital and Acquisition Activities
-
#Brazil1 ano ago
Agrolend Raises $14 Million All-Equity Series A Led by Valor Capital
-
#Brazil11 meses ago
Digital Private Pension Broker Saks Lands BRL 26 Million Seed Investment from Itaú-Unibanco’s Private Equity Fund Kinea and Canary
-
#Brazil1 ano ago
Mattos Filho Advised Underwriters in Nubank’s IPO
-
#Brazil11 meses ago
Brazil’s Grão Direto Lands Series-A2 from Agribusiness Powerhouses Cargill, Louis Dreyfus Company, Archer Daniels Midland Company and Amaggi Agro.
-
#Brazil11 meses ago
Brazil’s Medway Lands Series-A Round of $15 Million Led by Softbank Latin American Fund
-
#Latinamerica1 ano ago
How Fundable is Your Startup
-
#Brazil12 meses ago
BBVA Invests in Neon, the Brazilian Digital Bank which is Disrupting the Traditional Banking System
-
#Brazil1 ano ago
Swiss Givaudan Teams-up with Nanovetores of Brazil
-
#Brazil1 ano ago
Omie Buys Digital Bank Linker