EEBANX provides payment processing and a payment gateway that helps international merchants expand into Latin America, Africa, and South Asia by enabling local payment methods. Its platform connects global sellers with local options such as local cards, bank transfers, and cash vouchers, allowing both B2C and B2B transactions. For merchants, EBANX offers an all-in-one integration that supports various business models (including SaaS) and features like recurring payments and automated billing. Revenue comes from transaction fees and value-added services including fraud prevention and market intelligence. The company differentiates itself by focusing on emerging markets and delivering end-to-end cross-border payment support with localized payment methods, convenience, and regional coverage. Its goal is to help global merchants increase sales and market share in developing economies by simplifying cross-border payments and enabling accessible local payment options.
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Industries
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$460M
Headquarters
Curitiba, Brazil
Founded
2012
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Total Funding
$460M
Above
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Funded Over
2 Rounds
EBANX has become the first global payments company to launch recurring payments through OPay Direct Debit in Nigeria. Global subscription businesses can now reach OPay's 40 million monthly active users, or one in three Nigerian adults. Users authorise a payment once in the app, letting merchants collect future subscription charges without re-entering details. Only 5% of Nigerian adults own a credit card, while mobile phone penetration is 84%, according to the World Bank. Nigeria is Africa's largest e-commerce market, valued at $30 billion, according to World Data Lab. EBANX now offers recurring alternative payments in 13 emerging markets, including South Africa, where Canva was the first international company to offer recurring payments through Capitec Pay.
Asia will add 702 million middle-class adults between 2026 and 2036, three-quarters of all middle-class growth in emerging markets, according to a study by World Data Lab (WDL) and payments firm EBANX. Global online spending is set to grow from $11 trillion to $25.6 trillion over the period. Emerging markets will add $8.7 trillion, or 60% of the increase, led by China ($4.7 trillion) and India ($1.3 trillion). Most of these shoppers will not use credit cards. By 2036, only 20% of adults in emerging markets will hold one, against 66% in developed markets. The world will add 834 million online buyers but only 281 million card holders. Consumers aged 45 and over will account for 51% of emerging-market spending growth. "If your checkout only takes credit cards, you are competing for one in five adults in emerging markets and conceding the other four," said Marie-Elise Droga, EBANX's chief revenue officer.
EBANX is expanding into Pakistan and launching native Apple Pay decryption across Latin America. The payments technology company will begin operations in Pakistan next semester, offering local wallets JazzCash and Easypaisa, each with over 50 million users, plus the Raast instant-payment rail. Pakistan's e-commerce spending is projected to grow 22% annually through 2030. Credit card ownership among Gen Z is below 10%, making mobile wallets crucial for market access. EBANX is also rolling out in-house Apple Pay token decryption across 11 Latin American and Caribbean markets. Early data shows tokenised wallet processing achieved 94.4% approval rates, an 11-percentage-point improvement over non-tokenised transactions. Average order values ran 23.5% higher than standard card purchases. The company, founded in Brazil in 2012, now processes over 4 million daily transactions across 400-plus payment rails.
EBANX, a payment services technology company specialising in emerging markets, has expanded its senior leadership team with new appointments across EMEA, APAC, Africa, and Latin America. The move aims to place executives closer to merchants and operational markets. The expansion follows a year in which EBANX achieved 48% growth in Total Payment Volume. The company now operates across 60-plus countries with teams in 22 countries. James Booth joins as Vice President of Commercial for EMEA, bringing over 15 years of cross-border payments experience. José Maurício Orsolini Filho has been appointed Vice President of Product, overseeing Financial Products, Payouts, and Product Marketing. EBANX CEO João Del Valle said the strategy aligns global operations with localised expertise to help businesses scale in emerging markets.
Global merchants adding Pix to their checkout in Brazil see revenue increase by up to 37% and reach 25% more customers within six months, according to EBANX data. The payment technology company has processed Pix payments for more than one-third of the system's users as of May. Pix is projected to move $187.3 billion in Brazilian e-commerce by year-end, capturing 44% of online purchases and surpassing credit cards' 40% share. By 2028, Pix's share is expected to reach 50%, processing $258.2 billion. Real-time confirmation, shorter settlement cycles, high approval rates, and no chargebacks drive the revenue growth. EBANX handles Pix payments for American merchants including Amazon Prime and Crunchyroll. The company processes 38% of all Pix Automático transactions, with 64% of users being first-time customers.
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Industries
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$460M
Headquarters
Curitiba, Brazil
Founded
2012
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs