Bitz’s Acquisition of 4Ward

Bitz's Acquisition of 4Ward
Veirano Advogados advised Bitz, while David & Athayde Advogados advised 4Ward on the deal.Bitz, Bradesco’s digital wallet, purchased 100% of the capital stock of the fintech 4Ward (Teciq Solutions Tecnologia da Informação Ltda.).

Bradesco launched BITZ Serviços Financeiros SA as a digital payment platform in September, with a 100 million reais investment in its first year of operation.

4ward, which was founded in 2013, offers several services, including commercial and financial management automation, payment security and risk analysis.

Veirano advised Bitz with a team led by Partner Alberto Bragança (Picture), with support from Partner Vitor Rozenthal and Associate Thais Limani.

David & Athayde advised 4Ward with Partner Rogerio David and Associate Daniel Soares.

Involved fees earner: Rogerio David Carneiro – David & Athayde; Daniel Soares Gomes – David & Athayde; Alberto de Orleans e Bragança – Veirano Advogados; Thaís Limani – Veirano Advogados; Vitor Rozenthal – Veirano Advogados;

Law Firms: David & Athayde; Veirano Advogados;

Clients: 4Ward; BITZ;

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