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Celcoin completes acquisition of CobranSaaS to enhance credit solution

Nov 19, 2024

Acquiring Company

Celcoin

Acquired Company

CobranSaaS

BarueriPorto AlegreFinancial ServicesFinanceBankingFinancial ServicesFinanceLending

Description

Celcoin, a leading company in the financial technology infrastructure market, has announced the acquisition of CobranSaaS, a prominent provider of loan and debt collection management solutions. This strategic acquisition is aimed at accelerating the growth of Celcoin's credit solution, reinforcing its position in the market.

Quick answer

Celcoin is acquiring CobranSaaS, announced November 19, 2024. Celcoin is based in Barueri, Sao Paulo, Brazil.

How much did Celcoin pay for CobranSaaS?
The deal value was not disclosed.
What does Celcoin do?
Celcoin, founded in 2016, is a leading company in the Banking as a Service (BaaS) financial technology market.
Where are Celcoin and CobranSaaS based?
Celcoin is based in Barueri, Sao Paulo, Brazil. CobranSaaS is based in Porto Alegre, Rio Grande do Sul, Brazil.
Who are the decision-makers at Celcoin?
Fundz holds 1 contact at Celcoin. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Celcoin

Location

Barueri, Sao Paulo, Brazil

About

Celcoin, founded in 2016, is a leading company in the Banking as a Service (BaaS) financial technology market. It provides financial infrastructure services and solutions for banks, fintechs, and enterprise companies with a focus on payments, banking, and lending. With over 400 customers in the financial industry and more than 5,000 non-financial companies, Celcoin combines market-leading technology, product innovation, and best-in-class security to support customers in building financial offerings that serve the needs of their end-consumers. Celcoin has become the leading provider of Open Banking solutions for licensed institutions.

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Frequently asked

Who acquired CobranSaaS?

CobranSaaS was acquired by Celcoin, based in Barueri. The deal was reported on November 19, 2024. Celcoin, founded in 2016, is a leading company in the Banking as a Service (BaaS) financial technology market. Celcoin is privately held and operates in Financial Services.

When did Celcoin acquire CobranSaaS?

Celcoin's acquisition of CobranSaaS was reported on November 19, 2024. Celcoin, a leading company in the financial technology infrastructure market, has announced the acquisition of CobranSaaS, a prominent provider of loan and debt collection management solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CobranSaaS do?

CobranSaaS is a leading provider of loan and debt collection management solutions, utilized by investment managers, banks, card administrators, retailers, ERPs, and FIDCs, among others. It is privately held, operating in Financial Services, and is based in Porto Alegre.

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