Omie, Nubank make acquisitions

Omie, Nubank make acquisitions

M&A Equity Technology Digital Payments Brazil United States

Brazilian enterprise resource planning (ERP) company Omie said it has agreed to acquire local online lender Banco Digital Linker for BRL120 million ($21.5 million), while digital lender Nubank has reached a deal to purchase US financial technology start-up Olivia AI. Founded in 2019, Linker provides digital accounts, credit cards and collection management to 30,000 small and medium-sized enterprises (SMEs) in Brazil, all potential clients for Omie, the São Paulo-based ERP company said in a press

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