Bradesco’s Fintech buys DinDin digital wallet – Money Times

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The value of the deal was not informed (REUTERS / Paulo Whitaker)

THE Bradesco (BBDC4) announced on Tuesday the purchase of the DinDin digital wallet by its fintech that operates in the same segment, Bitz.

The value of the deal was not informed. “We want to win a slice between 20% and 25% of the digital wallet market within three years.

We should make another acquisition later this year, with the aim of speeding up the team’s structuring and growing the business ”, said Bitz’s chief executive, Curt Zimmermann, in a statement.

The deal was announced on the same day that the digital platform of Santander Brasil, Pi, announced the purchase of 60% of the parent company of Toro Investimentos.

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