Inter&Co (INTR) Acquires YellowFi

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Inter&Co Acquires YellowFi to Expand its Product Offering in the US

February 7, 2023 4:00 PM EST

BELO HORIZONTE, Brazil, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Inter&Co (NASDAQ: INTR | B3:INBR32), the holding company of Inter Group, which offers the premier Super App in the Americas providing financial and digital commerce services to more than 25 million clients in Brazil and the US, announces the acquisition of 100% of the share capital of YellowFi Mortgage LLC and YellowFi Management LLC (jointly YellowFi).

YellowFi is a mortgage originator and fund manager, democratizing access to real estate investing. Its managed fund, Brickell Bay Mortgage Opportunity Fund LP, invests in residential mortgage loans across the United States since... More