Confrapar Completes Sale of SalaryFits to Serasa Experian
Confrapar, a Brazilian Private Equity firm, announced the completion of the sale of SalaryFits, a fintech specialized in credit access solutions and other financial services, to Serasa Experian. During the investment period, Confrapar, the sole investor besides founders Renato and Rose Araújo, not only helped with operational structuring and client acquisition but also accelerated the fintech’s expansion into new markets.
“With Confrapar’s support, SalaryFits expanded its operations and attracted new clients, becoming an effective bridge between financial institutions and employers, promoting broader, more responsible financial inclusion,” said Délber Lage, CEO of SalaryFits.
Thiago Domenici, Managing Partner at Confrapar and former advisor to SalaryFits, commented: “By investing in niche companies driven by technology, we’ve achieved significant returns. These are non-obvious assets.”
With this transaction, Confrapar consolidates its track record of successfully growing technology companies. The return from the sale of SalaryFits further strengthens its position as a leading tech-focused investment firm in Latin America. Confrapar remains committed to identifying and supporting high-growth-potential businesses aligned with its investment thesis.
By integrating SalaryFits into its portfolio, Serasa Experian reinforces its commitment to innovation and financial inclusion, enhancing the fintech’s positive impact in new markets.
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