C6 Bank agreed to buy Alymente, moving into Brazil's corporate benefits market. The price was not disclosed by either company.
BRAZIL · BANKING
Key Facts
—What happened: the lender agreed to buy Alymente, a Brazilian corporate benefits startup, to enter the benefits market.
—How big it is: Alymente serves over 100,000 workers and about 1,200 companies, according to figures the companies released.
—What it means: the lender gains a ready platform and team in a market worth over R$150 billion a year (about US$29.3 billion).
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Banco C6 compra a startup Alymente e entra no mercado de benefícios, que movimenta R$ 150 bilhões por ano
