Brazil: Trio Pagamentos announces PayBrokers acquisition

Brazilian payment services provider Trio Pagamentos has announced the acquisition of PayBrokers, a specialist in payment solutions for the betting and lottery sector in Brazil. The purchase is still pending approval by the Central Bank of Brazil (BACEN) and the Administrative Council for Economic Defense (CADE).

According to company officials, this purchase aims to “further consolidate the presence of both companies in the Brazilian iGaming market, offering an innovative financial ecosystem that will serve not only the betting and lottery sector, but also other segments throughout the national and global territory.”

Trio Pagamentos is a major payment entity in Brazil and a direct participant of PIX and Open Finance, recognized for its technological innovations and strict alignment with current legislation. The company assured that the purchase of PayBrokers represents “a significant step in strengthening its leadership position in the market.”

For its part, PayBrokers brings extensive experience in the betting sector, with products such as PBBank, PBHub, PBCheck (KYC solution), PB Rental (video lottery and sports betting rental and physical terminals) and PBFast (cross-border solution), and a complete ecosystem of solutions for operators in the Brazilian betting market.

Despite the acquisition, the PayBrokers brand will be kept and its exclusive focus will now be the regulated betting and lottery market in Brazil, with the goal of strengthening its specialization and leadership in the segment.

Peterson dos Santos, CEO of Trio Pagamentos, said: “With the acquisition of PayBrokers, we take a strategic step towards the future of payments in Brazil. This integration expands our capabilities and allows us to offer even more efficient solutions aligned with the needs of the regulated betting market.”

Edson Lenzi, CEO of PayBrokers, also commented: “The acquisition of Paybrokers by Trio represents a great achievement for the Brazilian iGaming sector. Together, with Trio's experience, we will drive innovation and create an even more efficient and secure financial ecosystem for betting and lottery operators.”

The first event attended by the companies after the announcement of this acquisition is SBC Rio Summit 2025, which begins today and ends tomorrow (27). Trio Pagamentos will be present at booth A330, while PayBrokers will be located at booth A300. For both parties, the event will be an excellent opportunity to present the novelties and innovations that this union will bring to the iGaming and payments market in Brazil.