Banco Voiter and Banco Letsbank have been acquired by Banco Master
April 2024 — 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.
Our role in the transaction
One of Oaklins’ teams in Brazil acted as the exclusive financial advisor to the seller in this transaction.
Talk to the deal team
Richard Rainer
Oaklins Olimpia Partners
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