“Can EVERTEC turn Sinqia into the software backbone of a pan-LATAM fintech platform anchored in Brazil?”
Founded 1996 as Senior Solution, Sinqia became one of Brazil's leading providers of software for financial institutions — banks, asset managers, pension funds, and consortiums. It went public on B3 in 2013 (SQIA3) and grew through aggressive M&A. In 2023, EVERTEC (NYSE: EVTC), a Puerto Rico-based payments technology company, acquired Sinqia to establish a Brazilian foothold and build a pan-LATAM fintech platform.
Sinqia is founded in 1996 and headquartered in São Paulo, Brazil.
Sinqia has raised BRL 250M (pre-acquisition) in total (latest round: Acquired by EVERTEC (Nov 2023); valuation: R$27.19 per share acquisition price).
Sinqia's acquisitions include Simply Tecnologia.
Get a read on where your own stack stands against Sinqia and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.