Grupo Financiero Galicia acquired a 15% stake in Argentina-based virtual wallet platform Agripay for an undisclosed amount.

(Global Legal Chronicle) Tanoira Castagne advised Grupo Financiero Galicia on the transaction. Tellería Abogados and Bellani Taubas Abogados advised Agripay. Sáenz Valiente y Asociados advised Exponenciar.

Grupo Financiero Galicia executed its acquisition of 15% stake in Agripay. Exponenciar S.A. also participated to the funding round.

Agripay is a platform offering time-tracking and payroll reporting for agricultural business. It can be accessed through mobile app and website for all employee management task.

Tanoira Castagne advised Grupo Financiero Galicia on the transaction with a team including Manuel Tanoira (Picture), Lucía Rivas O’Connor, Clara Bezic and Sara Gandini
Tellería Abogados advised Agripay with a team led by Luis Tellería.

Bellani Taubas Abogados advised Agripay with a team led by Natan Taubas Sáenz Valiente y Asociados advised Exponenciar with a team including Eduardo Romero and Sebastián Frabosqui.