Pinheiro Guimarães advises on acquisition of stake in Banco Pine

Pinheiro Guimarães advised the founders of BYX Capital on the acquisition of the 33% stake held by Banco Pine in the company.

The purchase price involves a mix of cash payment of R$100 million and a stake corresponding to 38% of the capital of AmigoZ, a Brazilian fintech company providing accessible payroll-deductible loans (crédito consignado) and cards.

BYX Capital is a Brazilian fintech focused on technology-driven credit solutions, especially for payroll-deductible (consignado) loans, offering a full-stack platform for originators, banks, and investors, handling everything from loan origination, management, and securitization, enabling features like benefit cards and digital credit access for users through associated partners.

Closing of the transaction is subject to certain conditions precedent, including approval by CADE.

Pinheiro Guimarães advised the founders of BYX Capital and BYX Capital with a team led by partners Rodrigo Marcilio (pictured left) and Ana Carolina Cassins Galdino (pictured right) and associate Jonas Assumpção.

Pereira Neto Macedo Rocco Advogados advised Banco Pine with a team led by Mônica Arruda.

Itaú BBA acted as financial advisor to the founders of BYX Capital while XP Investimentos acted as financial advisor to Banco Pine.