“Can a Brazil-born cross-border payments specialist become the default rails for global merchants selling into every emerging market (LatAm + Africa + Asia)?”
Founded 2012 in Brazil to give global merchants (Amazon, AliExpress, Shopee, Spotify, Uber) a single integration into Latin American local payment methods like Pix, Boleto, and OXXO. Became a Brazilian unicorn with FTV Capital, then raised $430M from Advent in 2021 to fund a US IPO that was ultimately cancelled. Since 2023 has aggressively expanded beyond LatAm into Africa, Middle East, and Asia — repositioning from 'LatAm payments specialist' to 'emerging markets cross-border payments platform.' Recent push into BNPL (APLAZO in Mexico) signals a move from pure pay-in/payout processing toward embedded financing for cross-border commerce.
Ebanx processes payments through EBANX Pay-in (self-operated), EBANX Payout (self-operated), EBANX Direct API (self-operated), EBANX Drop-In Checkout (self-operated), EBANX Payment Page (self-operated) and EBANX Payment Link (self-operated). Disclosed money-movement rails: ACH, UPI and Pix.
Ebanx's lending and capital products are provided by APLAZO.
Ebanx uses EBANX Payout (self-operated) for FX and cross-border payouts.
The Embedded Finance Index 2026 maps 4 layers in Ebanx's stack: Payments / PSP (EBANX Pay-in (self-operated), EBANX Payout (self-operated), EBANX Direct API (self-operated), EBANX Drop-In Checkout (self-operated) and 2 others); Money movement (ACH, UPI and Pix); Lending (APLAZO and APLAZO BNPL (Mexico, cross-border e-commerce)); FX & payouts (EBANX Payout (self-operated)).
Ebanx is founded in 2012 and headquartered in Curitiba, Paraná, Brazil.
Ebanx has raised ~$460M in total (latest round: Private equity, $430M (Advent International, 2021)).
Get a read on where your own stack stands against Ebanx and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.