Mazzucco & Mello Advogados represented Ebury in the transaction.
Ebury signed the acquisition of Bexs Bank, a strong player in the e-commerce foreign exchange area. The closing of the deal is subject to Central Bank and CADE approvals.
Headquartered in São Paulo, Bexs has already processed international payments for more than 50 million Brazilians. In 2021, it conducted more than 30 million foreign exchange transactions with the integration of its local instant payment solution Pix.
Ebury is a fintech specialized in international payments, charging, and foreign exchange services. It offers financial solutions focused primarily on small and medium-sized companies and midcaps. Ebury offers foreign exchange services in over 130 currencies – for both leading and emerging markets – as well as cash management strategies, trade finance, and currency risk management.
The Mazzucco & Mello team included partners Antonio Mazzucco, Leonardo Neri and André Jerusalmy.