Inter&Co Acquires YellowFi to Add U.S. Real-Estate Investing Capabilities
February 7, 2023
Inter&Co (Inter Group) acquired 100% of YellowFi Mortgage LLC and YellowFi Management LLC to add mortgage origination and fund-management capabilities to its Super App offering in the United States. The bolt-on purchase is intended to enable Inter's customers to access U.S. real estate investment products and to accelerate Inter's US product expansion through a capital-light, easily integrated solution.
- Buyers
- Inter&Co (Inter Group / Banco Inter holding company)
- Targets
- YellowFi Mortgage LLC, YellowFi Management LLC
- Industry
- Financial Services
- Location
- Florida, United States
- Transaction Type
- Addon
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