Radar > 217248

Paypal Brasil intends to acquire companies in Latin America

Paypal Brasil quiere adquirir empresas en Latinoamérica

Paypal Brasil pretende adquirir empresas na América Latina

Intel ID : 217248
Synopsis

Brazilian unit of PayPal Inc., an online payment services company, is considering acquiring competition companies to expand its business in the largest economy in Latin America.

Mario Mello, PayPal's CEO, has confirmed in an interview that the acquisition of companies is an essential point in its expansion strategy, specially those with a good portfolio of clients, to accelerate its growth as far as offering services to small and medium enterprises in the region.
(content in spanish)

La unidad brasileña de PayPal, un servicio internacional de pagos en línea, está buscando empresas competidoras en Latinoamérica para optar a su compra.

El director general de PayPal, Mario Mello, ha confirmado en una entrevista que la adquisición de empresas es un punto esencial de su estrategia de expansión, especialmente aquellas que cuentan con una buena base de clientes a fin de acelerar su crecimiento en la oferta de servicios para pequeñas y medianas empresas de las regiones implicadas.
(content in portuguese)

A unidade brasileira da PayPal Inc., um serviço de pagamentos on-line, está procurando comprar concorrentes para expandir seu negócio na maior economia da América Latina.

As aquisições fazem parte da estratégia e a empresa adoraria comprar alguém, disse Mário Mello, diretor-geral da PayPal na região, em entrevista. Segundo ele, a empresa ideal teria que ter uma boa base de clientes para acelerar o crescimento da empresa no pequeno e médio comércio.

Bidder

Ultimate Owner (Buyer)

PayPal
United States

Intel ID 217248
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Paypal Brasil
(31 Dec 2023)
Revenue: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
10.01.99 Other Business & Professional Support Services
10 Business Services / 10.01 Business & Professional Support Services

Secondary Sectors (TTRSC)
25.01.99 Other Banking & Investment
25 Financial Services / 25.01 Banking & Investment

40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

Country
Website
Description

Ultimate Owner (Buyer)

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
40.02.07 Financial Software
40 Information Technology / 40.02 Industry-Specific Software

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.