EVERTEC, Inc. announced the acquisition of Grandata, a strategic move aimed at bolstering its growth in Latin America. Grandata specializes in leveraging behavioral data from telecommunications companies to provide credit risk insights, particularly for underbanked populations.
This integration is expected to enhance EVERTEC's data analytics capabilities and support its issuance platform. The acquisition also strengthens the company's relationships with important fintech companies in the region.
The transaction reinforces EVERTEC's strategy of diversification and market positioning in Latin America. Grandata's expertise will enable EVERTEC to offer more innovative and comprehensive value-added solutions to its financial sector clients, expanding its services in credit risk management, business solutions, and payment processing.
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