Serasa Experian acquires FlexPag

Mexican-fintech-Valoreo

Serasa Experian, a global leader in credit risk assessment, authentication, and fraud prevention solutions, acquired FlexPag, for an undisclosed amount. FlexPag is a technology company specializing in payment solutions for energy, natural gas, water, and gas companies.

The acquisition will allow Serasa to launch a new feature called鈥淢y Accounts鈥 in its app. This new feature is a bill aggregator, allowing users to pay water, electricity, and gas debts, which offers more transparency to consumers regarding their expenses and financial duties. The app has 83 million users.

鈥淲e want to help democratize access to credit and support more and more consumers and companies throughout their financial journey鈥, said聽Valdemir Bertolo, Serasa Experian CEO.

Serasa has also acquired other startups, including MovaPague VelozAgroSat茅lite, BRScan, Nogord.ioTraive, and PayHop.

Read more on Latam Fintech Hub

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