C6 Bank acquires Alymente

▤ Summary

C6 Bank acquired the Brazilian corporate benefits startup Alymente. The deal value was not disclosed, and the transaction still needs approval from Brazil's Central Bank. Alymente offers a corporate benefits card that combines food, transportation, telemedicine, mental health, and gym benefits. The acquisition expands C6 Bank into Brazil's corporate benefits market and gives it access to Alymente's more than 1,200 company customers. The bank also gains a potential cross-sell path because many Alymente clients have already requested financial services.

▦ Linked Companies

Alymente

$1M to $5M