ITSector Acquires Bitmaker

by The Bitmaker Team

This week, we’re announcing that Bitmaker was acquired by ITSector, a software development company specialized in Digital Transformation for the Financial Sector. With a team of specialists of various skills and professional backgrounds, ITSector works to create the best software solutions for more than 20 countries worldwide.

With the acquisition of Bitmaker, ITSector intends to increase the implementation of projects in other business areas, besides banking and the financial sector, expanding Bitmaker’s activity internationally, by exploring markets where ITSector already operates, such as the United Kingdom, Germany, Switzerland and Poland in Europe, Angola, Mozambique and Kenya in the African market, and Canada in North America, among others.

Ricardo Fernandes will continue to be responsible for leading Bitmaker, who will retain the role of CEO, whilst Renato Oliveira and Jorge Ferreira, from ITSector’s Administration,  will join the company’s board.

Founded in 2012, Bitmaker is now part of the ITSector universe, while maintaining its location at Founders Founders, at Rua da Constituição, in Porto.

According to ITSector’s management, “in the short term, a remarkable increase in the number of employees is expected to sustain the intended growth, with the implementation of projects that already exist in the portfolio”.