SAN JUAN, PUERTO RICO – February 22, 2023 – EVERTEC, Inc. (NYSE: EVTC), a leading Latin American payment processing and technology company, announced today the acquisition of PAYSMART PAGAMENTOS ELETRONICOS (paySmart). paySmart is a Fintech focused on the financial and payment sector, mainly offering issuer processing services, BIN Sponsorship services and mobile solutions in Brazil.
"Aware of the importance of the Brazilian market and the relevance of Fintechs in the payments industry, due to their capacity for innovation and agility, the acquisition of paySmart complements our existing technology and product portfolio in Brazil, accelerating the expansion of our offering and presence in this market. We are proud to welcome to Evertec a company like paySmart that shares our passion for bringing cutting-edge technology and digital solutions to the payment ecosystem"
Guillermo Rospigliosi
Group Head for Latin America for Evertec.
"Since paySmart was founded, we have been working to simplify the payments market, helping dozens of companies connect to the global payment ecosystem, always focused on delivering excellent service, support, agility and high performance. We are excited to announce this next chapter in paySmart's history, now as part of Evertec, and excited about the possibilities this brings us to drive paySmart's technology in Latin America and the world, and to increase Evertec's presence in Brazil"
Daniel Oliveira
General Manager for paySmart.