Acquisition of Cinnecta by Matera
Exclusive financial advisor to Matera
August 2023
• In August 2023, Matera concluded the acquisition of a majority stake in Cinnecta
– This transaction is aligned with Matera's strategy of expanding its offering of products that use cutting-edge intelligence for the financial market
• Founded in Belo Horizonte, Cinnecta offers a data intelligence platform specializing in behavioral analysis and customer monetization for banks and fintechs such as Bradesco, Digio, Inter, and Neon.
• Matera is the most relevant provider core banking and digital payment solutions in Brazil
– Matera processes more than 1.2 billion Pix transactions per year
– In 2020, Kinea – a Brazilian private equity firm – invested R$100 million in Matera