The transition marks an important step in OKTO's strategy to expand its presence and operations in the Brazilian payments market. In his new role, Iannini will be tasked with developing strategies for market action and influence, in addition to establishing relationships with institutions such as the Central Bank, INIT, Abfintechs, ACMinas, Zetta, and other organizations relevant to the sector.
“I have been leading projects in the area of payments regulated by the Central Bank for over 12 years, and in this new phase I will bring my knowledge and connections to the management of important businesses for OKTO in the recurring payments segment,” highlights Túlio Iannini.
U4C was founded in 2018 and the acquisition process began in October 2023, concluding on January 7, 2025, after the Central Bank authorized the full purchase of the company. This authorization was essential, since U4C operates as a direct participant in Pix and as a Payment Transaction Initiator (ITP), responsibilities now fully absorbed by OKTO.
OKTO, a direct participant in Pix and ITP, offers digital payment solutions for online businesses and retailers worldwide. It maintains a unified payment platform that securely processes transactions across digital and physical platforms, creating immersive payment experiences for both merchants and consumers.
With a team of over 200 technology experts, it orchestrates digital payment solutions in the Americas, Europe and Asia through a combination of local expertise, industry knowledge and international capabilities. OKTO offers an integrated omnichannel approach and supports clients across a range of regulatory landscapes, ensuring low friction and high protection.
Source: GMB
