BTG Pactual, a Brazilian investment bank, has acquired Justa, a Brazilian fintech focused on payment and acquiring solutions for small and medium-sized retailers.

The value of the deal was not disclosed.

According to Gabriel Motomura, partner and Associate Partner at BTG Pactual Empresas,

“The acquisition of Justa accelerates our strategy in the segment of payment solutions for retail. The goal of this operation is to be able to offer, in the future, a complete acquiring solution integrated into our cash management platform.”

Justa was founded in 2018 by Eduardo Vils and Thiago Teixeira to simplify access to financial services for small businesses through accessible and efficient payment technologies.

It initially grew in the northeast of Brazil, offering a free terminal model and operating as a sub-acquirer.

Before Justa, the founders had also launched Cappta, a fintech later acquired by Stone.

BTG Pactual had previously collaborated with Justa in 2021 to launch a credit line for entrepreneurs during the pandemic.

That partnership, according to both companies, demonstrated the alignment of their approaches and is now formalised through the acquisition.

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