M&A · Acquisition · Fintech and payments
Belo
Acquisition of an IFPE-licensed entity · Amount undisclosed
Belo is a payments and digital finance platform. To operate in Mexico under a regulated framework, the company chose to acquire an entity holding an Electronic Payment Funds Institution (IFPE) licence rather than apply for a new authorization. G2 advised Belo on the buy side in identifying, evaluating and executing the acquisition, a process that requires coordinating the negotiation with the regulatory approval of the change of control.
Context
Belo needed an IFPE licence to offer its payment services in Mexico with the certainty required by Mexican fintech regulation.
Challenge
Find a suitable regulated entity, value it and structure the transaction in coordination with the authorization process before the regulator.
Outcome
Acquisition of an IFPE-licensed entity. Amount undisclosed.
This transaction is published with client authorization. The information is limited to what was agreed with the parties and does not constitute investment advice or an offer of securities.
