Brazil’s C6 Bank Agrees to Buy Alymente in Benefits Push
C6 Bank has agreed to buy Alymente, a Brazilian corporate benefits startup. The market it is entering moves over R$150 billion a year, about US$29.3 billion. The post Brazil’s C6 Bank Agrees to Buy Alymente in Benefits Push appeared first on The Rio Times .
Brazil's C6 Bank has agreed to acquire Alymente, a corporate benefits startup, to expand into the benefits market. Alymente serves over 100,000 workers across more than 1,200 companies. The market worth over R$150 billion annually (approximately US$29.3 billion) covers meal, food, transport, and other employee benefits. C6 Bank is a digital bank rapidly expanding its services for businesses.
Acquiring Alymente will grant C6 an instant presence in the benefits market, bringing an existing client base and technology. The deal price remains undisclosed, and the purchase still requires Central Bank approval. If approved, Alymente will be rebranded as C6 Benefícios, and its team of approximately 40 professionals will join C6.
This move aligns with C6's broader push into corporate banking, following a trend of banks acquiring fintechs for new capabilities.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
