Topaz acquires Info Solutions, expands portfolio with wealth management software

This is a machine translation of a press release by Stefanini

Topaz, a Stefanini Group company specializing in digital financial solutions and operating in 25 countries, has just acquired a 60% stake in Info Solutions, a Brazilian company specializing in the development of software for financial institutions such as risk assessment, receivables management, commissioning, quota auditing and other reports for investment portfolio managers.

This strategic acquisition aims to complement Topaz's portfolio, reinforcing its presence in the segment and further consolidating its Topaz One full banking platform.

The initiative reflects Topaz's strategy of expanding its solutions both in the national and international markets. The company believes in great internationalization potential for Info Solutions, with plans to leverage this technology in global markets and drive its growth.

"We are always looking for companies that complement our portfolio and contribute to our growth strategy. Info Solutions not only fills a gap in our offerings, but also allows us to offer a more complete solution to our customers," explains Jorge Iglesias, CEO of Topaz.

Info Solutions is recognized for its wealth management solutions, which consolidate the investment portfolios of banks, brokerages, family offices and asset management companies. Founded by Paulo Domingues and Danilo Cararo, who will continue to lead the company, the company already serves major names in the Brazilian financial market, including Banco Alfa, UBS and BRAInvest.

“Info Solutions is looking to explore opportunities for internationalization. We have an excellent presence in the domestic market, but we needed resources and partnerships to expand our operations beyond Brazil’s borders. The sale to Topaz is part of this strategy,” says Paulo Domingues, founder of Info Solutions.

In addition to the acquisition, Topaz is continuing its organic growth strategy and expects to close next year with revenues of R$1 billion. “The addition of Info Solutions to Topaz’s portfolio will help us reach our revenue target. We have other companies in our pipeline and by the end of 2024 we intend to announce new acquisitions in the banking sector,” says Bruno Caloi, M&A director at Grupo Stefanini.

The integration of Info Solutions into Topaz's portfolio will bring important collaborations to the company, which began its journey within the Stefanini Group in 2012 with core banking software, and today has a full banking platform for financial and non-financial institutions.

With the acquisition, Topaz expects to expand its offering, customer base and 25 years of expertise in building front-end technologies for the financial market. The integration of Info Solutions’ solutions is expected to strengthen Topaz’s position as a leader in the financial solutions market in Latin America.

About Topaz

With over three decades of experience, Topaz is one of the largest technology companies specializing in digital financial solutions, standing out as a leader in the Brazilian and Latin American markets. As part of the Stefanini Group, it operates in over 25 countries with over 300 clients of different sizes and segments, being a pioneer in offering a Full Banking platform with the best time to market on the market in a complete ecosystem of integrated, secure and high availability solutions such as complete core banking and core for microfinance, fraud prevention and combat, physical and digital channels, AML/FTP and compliance, instant payments, regulatory, investments and customer engagement for banks and financial institutions in general, impacting more than 550 million end customers every day. Topaz positions itself as a reference in technology for digital business and is recognized by Gartner®, FORRESTER® and Celent®.