We advised Visa on the acquisition of Prisma Medios de Pago and Newpay
Bruchou & Funes de Rioja advised Visa Inc. on the acquisition of Prisma Medios de Pago S.A.U. and Newpay S.A.U. in Argentina, companies owned by the investment fund Advent International. The transaction is subject to the satisfaction of certain closing conditions.
This strategic transaction represents a significant step in Visa’s expansion in Argentina’s digital payments market and reinforces its commitment to developing innovative technological solutions for consumers, businesses and financial institutions.
Prisma Medios de Pago is one of Argentina’s leading payment infrastructure companies, providing processing services for credit, debit and prepaid card issuers. Newpay, in turn, operates critical infrastructure including the Banelco ATM network, real-time payment services and the PagoMisCuentas bill payment platform.
Bruchou & Funes de Rioja advised Visa with a team led by partner Estanislao Olmos, senior associate Franca Stafforini and associates Rocio Yu, Tomás Herrero Anzorena, María Bourdieu, Sofía Guevara Lynch and Francisco Gómez Leiva (Corporate); partner Hugo Bruzone, together with senior associate Lucrecia von Petery and associates Lucía de Luca and Quimey Waistein (Banking); and partner Gabriel Lozano (Antitrust). The team also included partners Eugenia Santos and Lucila Tagliaferro, associate Leandro Vázquez (Labour), partner Daniela Rey (Tax), senior associate Franco Raffinetti and associate Catalina Vitor (IP), associates Lucía Falú and Mercedes Galeano (Compliance), senior associate Martín Freier and associate Ana Ludovico (Litigation), and associates Ezequiel Castelló and Carolina de Felipe (Companies Law & Corporate Governance).
