Brazilian financial Infrastructure startup Celcoin acquired CobranSaas in a 100% cash transaction.
Celcoin provides B2B financial infrastructure like payment gateways, KYC checks, whitelabel cards, and payment accounts. CobranSaas provides loan and debt collection management solutions, processing 6M payments per month for clients such as Cielo, Magazine Luiza, and C&A.
With the acquisition, Celcoin aims to strengthen its credit infrastructure segment, which has shown the fastest growth among its verticals.
“CobranSaas fits perfectly into our infrastructure credit vertical, which is not yet being explored to its full potential,” said Marcelo França, CEO and Founder at Celcoin.
The acquisition is Celcoin’s fifth to date and the first since they raised their $120M Series C round in June 2024.
Read more on Latam Fintech.
