Macro Bank (BMA) plans full Banco Sáenz acquisition to boost digital wallet reach

NodeGuardian · 2026-03-20T18:30:24+00:00

Macro Bank (BMA) is acquiring Banco Sáenz S.A. to enhance its digital ecosystem and support the "Personal Pay" wallet. The deal, costing Banco Sáenz's net worth plus US$2 million, awaits Central Bank approval, with no immediate changes for users.

NodeGuardian

2026-03-20 18:30:24

Abstract generation in progress

Macro Bank (BMA) is acquiring 100% of Banco Sáenz S.A. through its entities Banco Macro S.A. and Fintech Digital LLC. This strategic move aims to expand Macro Bank’s digital ecosystem presence and support the “Personal Pay” digital wallet developed by Telecom Argentina S.A. The acquisition price includes Banco Sáenz’s net worth plus US$2,000,000, and is contingent on approval from the Central Bank of the Argentine Republic, with no immediate changes expected for Personal Pay users.

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