Banco W’s Agreement to acquire 100% of Financiera Pagos Internacionales S.A.


DLA Piper Martinez Beltran advised Financiera Pagos Internacionales S.A. on the deal

Banco W reached an agreement with the shareholders of Financiera Pagos Internacionales S.A.

Financing Company (Fpisa), to acquire 100% of the subscribed and outstanding shares of this entity, which has more than 26 years of experience in the remittance business.

Banco W S.A. provides financial products and services including saving accounts, deposits, loans, mortgages, investment fund, credit and debit cards, insurance, micro-lending, and other related services in Colombia.

Financiera Pagos Internacionales S.A. Compañía de Financiamiento provides various financial services in Colombia.

DLA Piper Martinez Beltran advised Financiera Pagos Internacionales S.A. with a team including Camilo Martinez (Picture), Sebastian Celis and Luisa Echeverri.

Involved fees earner: Sebastian Celis Rodriguez – DLA Piper Martínez Beltrán; Luisa María Echeverri – DLA Piper Martínez Beltrán; Camilo Martinez Beltran – DLA Piper Martínez Beltrán;

Law Firms: DLA Piper Martínez Beltrán;

Clients: Financiera Pagos Internacionales S.A.;

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Author: Ambrogio Visconti.