Sergipe Administradora de Cartoes e Servicos LTDA. announced that it expects to receive BRL 70 million in funding from Banco do Estado de Sergipe S.A.

Sergipe Administradora de Cartoes e Servicos LTDA. announced that it will receive BRL 70,000,0000 in an equity round of funding on June 28, 2019. The transaction will include participation from existing investor Banco do Estado de Sergipe S.A. (BOVESPA:BGIP4). The transaction was approved by board of directors of the investor.