Boston-Based Fintech Startup Airfox Acquired by Brazilian Retail Giant Via Varejo
(WorldNews Business)

BOSTON--(BUSINESS WIRE)--May 22, 2020-- Boston-based fintech startup Airfox is joining Via Varejo, the largest retailer in Brazil serving 60 million customers through popular nationwide retail chains Casas Bahia and PontoFrio. Publicly held Via Varejo is acquiring Airfox for an undisclosed amount. Airfox will continue to serve as a fintech innovation hub out of its current Boston-based headquarters, leveraging Via Varejo infrastructure to accelerate its mission of bringing more accessible financial services to the underbanked in Latin America. Under the leadership of co-founder Victor Santos, Airfox has assembled an incredible collection of experienced financial and mobile industry veterans...