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Itaú Unibanco Holding S.A. is a prominent Brazilian multinational financial conglomerate and the largest bank in Brazil by market capitalization. Headquartered in São Paulo, it was formed in 2008 through the merger of Banco Itaú and Unibanco. With a history dating back to 1924, the bank has developed into a universal bank focused on retail and wholesale operations, digital innovation, and regional expansion in Latin America. Itaú Unibanco operates through two main segments: retail banking and wholesale banking. Its retail banking services include credit offerings, consumer finance, insurance, and asset management, while wholesale banking caters to larger corporate clients with funding and investment solutions. The bank employs a phygital model, combining physical branches with digital channels to enhance customer experience. By 2024, over 70% of transactions are expected to be handled through digital platforms, reflecting its commitment to technology and customer service. Itaú Unibanco serves millions of clients across Brazil and Latin America, including individuals, small businesses, and large corporations.
Despegar.com, Corp. is a leading online travel technology company in Latin America, founded in 1999 in Buenos Aires, Argentina. Headquartered in Road Town, British Virgin Islands, it serves leisure and corporate travelers across 20 Latin American countries and the U.S. The company operates through websites and mobile apps, achieving gross bookings of US$5.3 billion and revenues of US$204 million in 2023. As a subsidiary of Prosus N.V. since May 2025, Despegar has established itself as a pioneer in the online travel agency model in the region. Despegar offers a comprehensive marketplace for travel planning and purchasing, including airline tickets, travel packages, hotel rooms, car rentals, and travel insurance. It also provides financial services such as loan origination and payment processing through its Koin platform. The company emphasizes technology-driven solutions, ensuring mobile accessibility and user-friendly booking experiences for its customers. With a strong presence in various Latin American markets, Despegar continues to innovate and expand its offerings.
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