Supervielle promotes a strategic regionalization plan of its subsidiary InvertirOnline S.A.U. to provide online brokerage in Latin America
Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), a universal financial services group in Argentina with a nationwide presence, announces that on August 23, 2021, the company acquired 95% of the shares of a company based in the Oriental Republic of Uruguay (IOL Holding S.A.) which its corporate purpose is to hold shares in other companies dedicated to providing brokerage services at a regional level. Sofital S.A.F. and I.I. (a Grupo Supervielle S.A. subsidiary) acquired the remaining 5% of the share capital. IOL Holding S.A. acquired 100% of the shares of a company based in the Oriental Republic of Uruguay (IOL Agente de Valores S.A.) which its corporate purpose is to act as a security dealer subject to the authorization of the Central Bank of Uruguay. The objective of IOL Agente de Valores S.A. is to carry out its operations through an online modality with a platform developed for this purpose, its focus being the intermediation in securities on behalf of third parties. Its offer will be aimed mainly at natural person clients in Latin America (non-residents of Uruguay), offering them the possibility of operating in the United States market.
