Windsor Drake
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.

Strategic rationale

Strengthen digital payment solutions and e-commerce capabilities in Uruguay, expanding Itaú's fintech ecosystem and payment infrastructure presence.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
May 26, 2026
Acquirer
Itaú Unibanco (Strategic)
Sub-sector
Payments

Sources

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

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