Brazilian software giant Totvs has launched a fintech arm to boost the functionality of its enterprise resource planning (ERP) offerings.
Under the new division, the company plans to combine its own technology with innovative solutions developed by startups, so adding value to its enterprise software platforms.
By blending its systems with partner technology, the Brazilian ERP vendor hopes to “simplify, extend and lower customer access to credit and financial services in general,” according to Eduardo Neubern, executive director of the new division.