Transaction · Payments · 2026

Itaú / Plexo 2026

Itaú Unibanco acquired Plexo on May 26, 2026.

Target
Plexo
Acquirer
Itaú Unibanco
Announced
May 26, 2026
Sub-sector
Payments

Transaction overview

  • Itaú Unibanco announced the acquisition of Plexo on May 26, 2026.
  • The deal is expected to close pending customary conditions.

Strategic rationale

Expand digital payments ecosystem and fintech leadership; strengthen e-commerce payment solutions for SMEs and enterprises in Uruguay.

Deal terms & multiples

Deal value
Target revenue
Target EBITDA
EV / Revenue
EV / EBITDA
Announcement
May 26, 2026
Acquirer
Itaú Unibanco (Strategic)
Sub-sector
Payments

Frequently asked questions

When did Itaú Unibanco announce the acquisition of Plexo?

Itaú Unibanco announced the acquisition of Plexo on May 26, 2026.

What sub-sector is Plexo in?

Plexo is tracked in the Payments sub-sector.

Sources

  • infonegocios.biz /y-ademas/grupo-itau-adquiere-el-100-de-la-plataforma-uruguaya-de-pagos-digitales-plexo