Shareholders of Brazilian software firm Linx have agreed to back an acquisition offer from NASDAQ-listed payments processor StoneCo. The transaction is valued at 6.8 billion reais ($1.28 billion), ...
StoneCo stock dipped after the financial technology and software solutions provider for the Brazilian market reported a 2025 adjusted gross profit that rose less than expected.
Brazilian software developer Linx has acquired its Argentinean counterpart Synthesis for $16.3 million, making its first foray into a foreign market. Linx will pay an additional $9.5 million over the ...
StoneCo's acquisitions of Linx and Banco Inter have been financially disappointing, leading to significant losses and potential future impairments. StoneCo's current strategy involves potentially ...