Alantra advises Tiaxa on its sale to Bemobi Mobile Tech



Sep 2021
Sell-side advisory

Santiago de Chile and San Francisco – Alantra, the global investment banking and asset management specialist, has advised the shareholders of Tiaxa (“the Company”), leading provider of alternative data risk management services in emerging markets, on the sale of 100% of the shares of the Company to Bemobi Mobile Tech (“Bemobi”), a leading technology Brazilian public company focused on the distribution and monetization of digital mobile services.

Tiaxa provides innovative financial services focused on financial inclusion through mobile technology. Tiaxa’s digital service solutions include: balance advance services for prepaid plans;  digital Platforms as a Service (PaaS) for mobile operators; and data monetization and analysis services through behavior scores based on artificial intelligence and machine learning. Based in Chile, Tiaxa also has offices in Mexico, Peru and the Philippines, and operates in more than 16 countries, predominantly in Latin America and Asia. In 2020, Tiaxa analyzed an average of 200 million users daily, processed more than 270 million balance advance transactions, and distributed more than US$174 million in balance advance to prepaid customers, in partnership with major companies in the telecommunications industry.

Founded in Brazil in 2007, Bemobi, part of Otello Corporation, is one of the world’s leading companies in the sector of services for mobile operators, with a portfolio that includes apps & games, digital platforms and microfinance. After more than 15 years targeting the Brazilian mobile landscape, Bemobi has recently opened its doors to the world and is now present in more than 35 countries in Latin America and Asia. Through its proprietary digital distribution platform (Loop), Bemobi tracks the consumption routine of millions of mobile phone users, in partnership with 76 mobile operators to bring relevant offers to each user.

With the support of Bemobi’s technology stack and global relationships with telecommunications companies around the world, this transaction will allow Tiaxa to enhance its capabilities, service offering and geographical reach. The technology and services already developed by Tiaxa have great potential for synergies with current businesses, when integrated into the Loop Platform and offered on Bemobi’s mobile digital channels.

Alantra teams from Santiago and San Francisco partnered on the transaction, leveraging the firm’s international scope and industry expertise.

Pablo Larrain and Kelemen Papp, Partner and Managing Director at Alantra, commented: “We are thrilled to have supported Tiaxa’s shareholders on the sale of the Company to a leading player in the mobile media and entertainment sector as Bemobi. The combination of Alantra’s sector knowledge in the fintech and telecommunications markets and our strong local presence was instrumental in bringing this deal to a successful close.”

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