Marval O’Farrell Mairal Advised Unico on the Acquisition of Valida

Marval O’Farrell Mairal  and Bruchou & Funes de Rioja acted as legal counsel in connection with the transaction for the acquisition of Valida, an Argentine company specializing in biometric technology for digital identity, by Unico, a Brazilian technology company specializing in digital identity solutions.

Valida develops identity verification solutions based on facial biometrics for user onboarding and authentication processes. Its platform, which has conducted more than 25 million identity validations, holds a 50% market share in Argentina’s banking sector and is used by financial institutions and companies across various industries to prevent fraud and enable secure digital transactions.

Unico, valued at approximately US$2.6 billion, is one of Latin America’s leading digital identity technology companies. The transaction marks its entry into the Argentine market and represents another milestone in its expansion across Latin America, where it already maintains large-scale operations in Brazil and Mexico and serves clients throughout the region.

The Marval O’Farrell Mairal team advised Unico and was led by partners Luciano Ojea Quintana, Hernán Slemenson and Diego Fernández, with the participation of senior associate Salvador Mutti and associates Lucas Podestá and Sol Berdullas.