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FINANCIAL | Securities Brokers & Traders
magliano.com.br

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Founded Year

1927

Stage

Acquired | Acquired

About Magliano Invest

Magliano Invest is Brazil's first securities broker.On July 16th, 2020, Magliano Invest was acquired by Neon. The terms of the transaction were not disclosed.

Magliano Invest Headquarter Location

Av. Angélica, 2491

Sao Paulo, 01227,

Brazil

+55 11 3123 0855

Latest Magliano Invest News

Neon acquires Magliano to develop investment service

Jul 18, 2020

Quick Summary Ad Yesterday (16) news broke that Neon bought Magliano Invest—one of the oldest brokerage firms in Brazil—for an undisclosed amount.This maneuver is the startup’s second purchase after having bought tech startup MEI Fácil in September of last year.More recently through Magliano, the startup plans to launch an investment feature for its app users.“With low interest rates, those who do not have an investment platform will have a worse product,” said Jean Sigrist, Managing Partner at Neon.Certainly through its upcoming investment product, it wants to address a segment that’s uber-ignored by most asset managers. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.

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CB Insights Intelligence Analysts have mentioned Magliano Invest in 1 CB Insights research brief, most recently on Nov 19, 2020.

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