Jun 30, 2025

Focus: ML-driven personalization, cross-border IP, data transfers, and tech integration across Nubank’s ecosystem. 2. Unico Acquires Trully.AI (Brazil) – September 6, 2024 Company & Use: Unico , Brazil’s digital identity leader, acquired Trully.AI to expand its AI-powered verification services across Latin America. Focus: Integration of biometric tech, algorithm IP, LGPD alignment, and scaling regional identity use cases. 3. General Atlantic Invests in Insider (Brazil, Global) – November 4, 2024 Company & Use: Insider , an AI-native omnichannel marketing platform, raised $500M to develop generative AI, bolster R&D, expand LATAM team, and pursue future M&A. International Counsel: Milbank LLP — Partner Sebastian Heim . Focus: Upscaling AI roadmap, reinforcing global growth, and strengthening data localization. capabilities. 4. Qubika Acquires Nitra Security (Uruguay/U.S.) – May 6, 2025 Company & Use: Qubika —a nearshore AI & data consultancy—acquired Tennessee-based Nitra Security to integrate AI model vulnerability testing and cybersecurity into its AccelerateAI suite. Counsel: Undisclosed. 📊 Legal Advisors Driving AI M&A in Latin America Foley & Lardner LLP – Partners André Thiollier, Louis Lehot Wilson Sonsini Goodrich & Rosati – Partner Matt Squires Milbank LLP – Partner Sebastian Heim Machado Meyer Advogados – Partner Guilherme Bueno Malouf Bronstein, Zilberberg, Chueiri & Potenza – Partners Sérgio Bronstein, Eduardo Zilberberg Stocche Forbes Advogados – Partner Guilherme Forbes, Flavio Meyer Historic Advisors Driving AI M&A in Latin America: Foley & Lardner LLP (André Thiollier) Wilson Sonsini Goodrich & Rosati (Matt Squires) Guderson Dettmer (Dan Green) 🌐 Trends Defining the Future of AI M&A Latin America As artificial intelligence becomes core to strategic operations, Latin America’s dealmakers and legal practitioners are preparing for deeper complexity. Trends to watch include: Cross-border enforceability and arbitration as risk management tools Specialized due diligence for AI IP, data governance, and model bias Increased regulatory scrutiny on algorithmic transparency and AI safety Post-closing integration support focused on compliance and technical transfer 📌 Conclusion: Latin America’s AI M&A Era Has Arrived AI M&A Latin America has shifted from experimentation to execution. Over the past twelve months, companies like Nubank, Unico, Insider, and Qubika have not only embraced artificial intelligence as part of their product strategy but also used M&A as a tool to scale it. These transactions reflect a broader shift in the region: AI is no longer an emerging technology—it’s the infrastructure for growth, personalization, cybersecurity, and cross-border expansion. From personalization to risk management, AI is now a growth engine — and M&A is its accelerator. Each deal reflects a different facet of the region’s transformation. Nubank is using machine learning to personalize banking. Unico is consolidating identity authentication across borders. Insider is supercharging global marketing with generative AI. Qubika is embedding AI model risk analysis into cybersecurity infrastructure. Together, these deals show that Latin America is not merely catching up with AI—it is defining its own approach to deploying it at scale through acquisitions. M&A in Latin America is mostly thriving because of AI. Moreover, what distinguishes AI M&A in Latin America today is also the quality and agility of the legal teams. International firms like Foley & Lardner, Milbank, Wilson Sonsini, and Davis Polk, as well as top regional players such as Machado Meyer, Mattos Filho, Pinheiro Neto, Stocche Forbes, and Bronstein Zilberberg, have helped manage legal complexity across borders. For founders and investors, legal expertise is now a growth asset. For lawyers, AI M&A Latin America has become one of the most dynamic, high-stakes areas of practice. As the region matures, the line between legal precision and innovation strategy will blur further. 🌎 Resumo em Português Fusões e aquisições de IA na América Latina se destacam em 2025 com operações como Nubank–Hyperplane (jun 2024), Unico–Trully (set 2024), Insider (nov 2024) e Qubika–Nitra (mai 2025). Sócios como André Thiollier, Eduardo Zilberberg, Ricardo Vianna, Sebastian Heim e Guilherme Forbes lideram estratégias jurídicas que combinam propriedade intelectual, LGPD, due diligence técnica e arbitragem internacional. O artigo examina como o avanço da IA está moldando os acordos jurídicos e as estratégias de crescimento em fusões transfronteiriças. 🌎 Resumen en Español Las fusiones y adquisiciones de IA en América Latina están en auge con transacciones clave: Nubank–Hyperplane (jun-2024), Unico–Trully (sep-2024), Insider (nov-2024) y Qubika–Nitra (may-2025). Socios como André Thiollier, Eduardo Zilberberg, Ricardo Vianna, Sebastian Heim y Guilherme Forbes lideran estructuras legales que integran propiedad intelectual, cumplimiento normativo y arbitraje internacional. El artículo explora cómo la IA está redefiniendo las estrategias legales y de crecimiento en las operaciones de M&A en la región 🖋️ Written by the Latin American Desk This article was produced by the Latin American Desk of Beyond the Law.news , where we track the important financial deals, and legal and regulatory forces shaping investment across Latin America. ⚖️ Law Firms Mentioned