trending Market Intelligence /marketintelligence/en/news-insights/trending/k6b7QVotUBZpKZ0FwhymHg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Mexico's Gentera to sell family remittances payment unit

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Mexico's Gentera to sell family remittances payment unit

Mexican microfinance company Gentera SAB de CV has agreed to sell a 100% stake in its family remittances payment business, Pagos Intermex SA de CV, to Transnetwork Services LLC.

The transaction is subject to the signing of closing documents, which is expected to be completed in the first months of 2020.

The operation is part of Gentera's strategy to focus its efforts on strengthening its financial products and services offered through its different subsidiaries.

Transnetwork processes payments to financial networks and retail chains. The company has headquarters in Houston and currently operates in Mexico and Central and South America.