Acquisition of Onidata by Matera
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June 2021![](https://olimpiapartners.com.br/wp-content/themes/olimpia-parrters/img/linha.png)
• 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