Banco Voiter and Banco Letsbank have been acquired by Banco Master
Banco Voiter and Banco Letsbank have been sold to Banco Master.
Banco Voiter is a 45-year-old financial institution headquartered in São Paulo, Brazil, with total assets of approximately US$800 million and a shareholders’ equity of nearly US$86 million. The bank is focused on corporate banking, with total loans of approximately US$340 million. Banco Letsbank is a digital banking provider specializing in financial solutions for small- and medium-sized businesses.
Banco Master is a privately owned financial institution headquartered in Brazil with US$5.5 billion in total assets and US$380 million in shareholders’ equity, offering a broad range of financial services, including lending payroll loans and corporate finance.
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to the seller in this transaction.
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