The deal, which values 100% of Prisma Medios de Pago at USD 1.42 billion, will see the company’s existing shareholders retain a stake of 49%.
The payments company, which was created in 2014 by the merger of Visa Argentina and Banelco, offers payment technology solutions that enable connections between financial institutions, merchants and consumers.
According to Advent International, the company is a player in merchant acquiring, point-of-sale rental (LaPOS), transaction processing, ecommerce gateway (Decidir), and other value-added services to all types of merchants in Argentina.
Prisma Medios de Pago is also a player in payments processing, in electronic bill payments through the brand Pagomiscuentas.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright