The management team has acquired Refinancia SAS
The management team has acquired Refinancia SAS. Financial details shave not been disclosed.
Refinancia SAS provides credit management services. It purchases and manages non-performing loans (NPL) and consumer debt portfolios in Colombia and Peru, with over 40% of market share. Refinancia has deployed over US$150 million of capital in NPLs since inception, which represent more than 160 portfolios. The company also offers its servicing and collection solutions to top banks in Colombia, as well as to specialty finance businesses. With over 800 employees, Refinancia expects revenues of around US$25 million in 2019.
Oaklins' team in Colombia advised the management team in this transaction.
Talk to the deal team
Associate DirectorBogotá, Colombia
Mizrahi Tefahot Issuing Company has issued bonds
Mizrahi Tefahot Issuing Company Ltd. has completed a fundraising to refinance and develop the business.Learn more
Sale of Sentenial Group and its open banking brand Nuapay
The shareholders of Sentenial Group have sold the business and its open banking brand Nuapay, a leading end-to-end payments platform specialized in account-2-account transactions, to EML Payments.Learn more
ME Investicija has sold Viena Sąskaita to Aktiva Finants
ME Investicija has sold Viena Sąskaita to Aktiva Finants.Learn more