Baker McKenzie is advising Pronto Money Transfer Inc. (d/b/a USEND), a California-based digital platform that allows users to make international payments quickly and securely and connect to complementary financial services powering cross-border commerce, in its agreement to be acquired by Banco Inter S.A., a publicly-traded bank in Brazil with more than 15 million customers. USEND offers foreign exchange transactions, payment wallets, debit cards and bill payments to over 150,000 customers. The transaction is expected to close in early 2022.
The team was led by Baker McKenzie Partner Aarthi Belani, based in Palo Alto, and included M&A lawyers Amanda Bradley, Nicolas Woo and Barry Chang; Transactional lawyers Adam Buehler and Brian Lee; Intellectual Property and Technology lawyers Marcela Robledo and Alysha Preston; Employment and Compensation lawyers Tom Asmar, Sofia Chesnokova, Denise Glagau and M'Alyssa Mecenas; Tax lawyers Moe Worsley and Susan Keeler; Antitrust lawyers Creighton Macy and Teisha Johnson; and Trade and Compliance lawyers Rod Hunter and Lise Test.
