In fourth acquisition, Dimensa buys RBM for BRL 30 million

THE dimensiona company specialized in technology and infrastructure for financial operations, has just announced the acquisition of RBM WEBwhich develops solutions for core banking in the fintechs, financial institutions (including SCDs), FIDCs, securitization and development markets.

The company — controlled by Totvs and that has the B3 as a partner — is paying R$ 30 million for 100% of RBM. The agreement provides for the payment of a complementary purchase price subject to the achievement of targets set for RBM and the fulfillment of certain conditions, says the notice to the market, released on Wednesday night (17).

Founded in 2006 in Minas Gerais, RBM offers solutions such as management systems, digital account, integration of banking correspondents, data analysis, among others, through what it calls “cloud of solutions”.

With national coverage, RBM has more than 150 customers and recorded annualized gross revenue of approximately R$ 13 million, based on the July result, according to the statement released by Dimensa.

“RBM’s solutions have a lot of synergy with our credit management products and already integrate with our anti-fraud, digital onboarding and background check solutions”, says Denis Piovezan, CEO of Dimensa, in the text.

Context

RBM is Dimensa’s fourth acquisition this year. In January, he bought the InovaMind Tech, artificial intelligence and big data. The following month, he acquired the Mobile2you, a mobile house that develops financial apps for companies looking to enter the fintech market. And in March, it closed the acquisition of Vadua platform for analysis, automation and monitoring solutions for the credit market.

Dimensa is the result of a joint venture (JV) between Totvs and B3, announced in July last year and approved in October of that year by the Where and for CVM. Controlled by Totvs, the company received a primary contribution of R$ 600 million from B3, which holds 37.5% of the business.

Dimensa has a portfolio that includes a platform for processing and controlling middle and back offices of investment funds, as well as specialized solutions for managing banks, fintechs, credit unions, brokers, insurance companies, among other products.

The company’s clients include more than 140 financial institutions, including 9 of the 10 largest banks. Dimensa carries out more than 5 million credit operations and processes more than R$12 trillion in assets daily through its platforms.

“We want to position ourselves with an end-to-end offer for financial institutions,” said CEO Denis Piovezan, in conversation with the Finsiders, in May of this year. “The idea is to create a very wide range of products and services to serve the entire industry.”

One of its recent launches was the credit workflow, a tool developed after the acquisition of Vadu. The product, according to the company, optimizes credit granting processes, integrating automation, artificial intelligence (AI) and big data on a single platform.

In B2B technologies for the financial sector, Dimensa is not alone. THE sinqiafor example, has already carried out 23 acquisitions, in addition to more than 90 investments — between direct and indirect contributions, through Venture Capital funds such as astella, canary and parallax –, according to a recent article in Exame.

Source: FI Insiders