Itaú Unibanco Agrees to Buy Brazilian AI Startup NeoSpace for $589m

Name: Itaú Unibanco Agrees to Buy Brazilian AI Startup NeoSpace for $589m
Uploaded: 2026-10-27T00:02:32.544046+00:00
Description: Itaú Unibanco, Brazil's largest private bank, agreed to acquire AI startup NeoSpace for $589m, or R$2.925bn, with payment deferred over five years pending regulatory approval.

Itaú Unibanco, Brazil's largest private bank, agreed to acquire AI startup NeoSpace for $589m, or R$2.925bn, with payment deferred over five years pending regulatory approval.

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