dLocal

Company

Last mentioned: 3h ago

Timeline

  1. Singapore HQ Opening

    EBANX officially opens its APAC headquarters in Singapore to anchor regional operations.

  2. APAC Focus

    The company begins aggressive hiring and merchant onboarding in the Asia-Pacific region.

  3. Africa Expansion

    EBANX begins its expansion into the African market, starting with South Africa, Nigeria, and Kenya.

  4. Unicorn Status

    The company reaches a $1 billion valuation after a follow-on investment from FTV Capital.

  5. Company Founded

    EBANX is established in Curitiba, Brazil, focusing on local payments for global websites.

Stories mentioning dLocal 1

Market Trends Neutral

EBANX Establishes Singapore HQ to Anchor APAC Expansion Strategy

Brazilian fintech unicorn EBANX has officially opened its Asia-Pacific headquarters in Singapore, marking a pivotal shift toward the 'South-to-South' trade corridor. The move positions the company to better serve global merchants looking to bridge the gap between Asian digital economies and emerging markets in Latin America and Africa.

2 sources