Finsiders Brazil: EntrePay acquires P2P lending company Wealth Money

Grupo Entre, through EntrePay, its acquiring company, announced in September 2023 the acquisition of Wealth Money (WMoney), a fintech company specializing in peer-to-peer (P2P) loans. The operation was reported by websites such as Finsiders Brasil, Exame and TI Inside.

Wealth Money (formerly Wise Money) is recognized for its innovative platform, which connects investors to borrowers directly, without the need for banking intermediaries. With the acquisition, Grupo Entre strengthens its position in the fintech market and expands the range of digital financial services offered by its ecosystem of companies.

The integration between the companies is expected to bring benefits to both Wealth Money customers and users of the EntrePay platform, according to the articles.