The financial platform Cocos announced that it will launch as a bank

From Cocos they reported that “The operation entered its final stage and will allow the company to incorporate a banking license to expand its offering of financial products and services.”

The Nicolás Mindlin and Ariel Sbdar platform completed the acquisition of the 100% by Banco Voiiannounced on August 6, 2025. The transaction entered its final stage and the closing and transfer of the shares is scheduled for the end of the month, according to the current purchase and sale contract.

With this approval, the group is one step away from incorporating a banking license that will expand its capacity to offer new financial products and services.

“Approval is a key step to build a more competitive and innovative financial system.”r. It allows us to expand our reach, contribute to market growth and continue bringing simple and efficient solutions to more and more people and companies,” said Nicolás Mindlin, president and co-founder of Cocos.

Since its founding in 2021 with an ALyC license, Cocos went from being a platform focused on investments to building a financial ecosystem with 2 million individual customersmore than 2,300 companies and more than US$2 billion in assets under management.

With a banking license The company will be able to progressively add new financial products and servicesincluding bank accounts, access to the official dollar, savings tools, payment methods and financing alternatives for individuals and companies.

The company plans to carry out a process of operational integration of the bank gradually, with a focus on sustaining the user experience that characterizes the platform and expanding its capabilities in a new stage of growth. As indicated, this process will be accompanied by investments in technology, product development and financial education.

This acquisition represents one of the most relevant movements in the Argentine digital financial industry in recent years and is part of the expansion strategy that the company has been developing to consolidate itself as one of the most important financial platforms in Argentina. The company plans to exceed the US$100 million of annual revenue towards the end of 2026.