Acquisition of Onidata by Matera
Exclusive financial advisor to Matera
June 2021• In June 2022, Matera (“Matera”) completed the acquisition of a majority stake in Onidata (“Onidata”)
– This operation is aligned with Matera's strategy to offer a comprehensive portfolio of core banking products, payment and credit solutions to the Brazilian banking software market
– The deal value was undisclosed
• Founded in 2018, Onidata offers a B2C credit management software for banks and fintechs. The acquisition will also enable Matera to offer specific types of corporate credit solutions such as FINAME
• 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