With new mergers and acquisitions, fintech Vórtx considers IPO abroad

With the R$190 million contribution by the American private equity FTV Capital, the fintech focused on solutions for the financial sector's back office, is investing in technology and the strategy of mergers and acquisitions to grow.

RIO DE JANEIRO, BRAZIL - Vórtx, an infrastructure fintech for the financial market, plans to launch an IPO outside the country, possibly by next year. After the recent Series B investment of R$190 million by the American private equity firm FTV Capital, the company wants to expand its leadership in the back office area, through the expansion of its technology and mergers and acquisitions strategy. Its goal is to buy two competitors specialized in fund management, within the second half of 2021.

In April, it acquired control of Simplific Pavarini, which has been providing fiduciary services since 1994 in . . .

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