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Magazine Luiza launches its fintech arm, Fintech Magalu

The new business arm will integrate other financial products and services already offered by Magazine Luiza, and is a new step in the company’s strategy of diversifying its portfolio, aiming at user retention and recurrence.

“Fintech Magalu does not work exclusively for Magalu’s ecosystem. We are already a reference in providing financial services to more than 50 companies.”

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fintech, magazine