Itti is Paraguay’s largest provider of tech and financial solutions. It supplies services to several companies in the country, but its main client is Ueno Bank, Paraguay’s first digital bank, which counts nearly a third of the population among its users.

Both Itti and Ueno Bank are part of Grupo Vázquez, a holding company of 30 firms covering activities including finance, agriculture, tech, insurance, tourism, and sustainable transport.

Through Itti, the group has reached an important milestone in its regional expansion plans: it opened an office in Buenos Aires, where it will concentrate its developer teams.

The company already has a staff of 850 in Argentina, who will now spend part of their time in a spacious Belgrano office kitted out with flowing desks and chill zones with hammocks with privileged views over the Barrancas de Belgrano on one side, and the Aeroparque and the Río de la Plata on the other.

Itti president César Astigarraga told the Herald’s sister title, Ambito, that staff in the Buenos Aires building would continue to work for the group’s other companies and clients in Paraguay. “There are still no plans to offer our services in Argentina,” he underscored.

Miguel Vázquez, President of Grupo Vázquez and third generation of the family holding, attended the inauguration of the office. The lofty twelfth-floor facility is in a modern tower block at the intersection of the avenues Libertador and Juramento, looking out over the River Plate estuary to one side and Belgrano to the other. 

Buenos Aires, he explained, has a strategic role to play in the company’s regional expansion plans.

“We are a group with more than 70 years of history. It was started by my grandfather, Miguel Villasanti. Then my father, Víctor Hugo Vázquez, continued it, and about 40 years ago he added the financial sector to the group. I am now the group’s president and our core........

© Buenos Aires Herald