Latin America
“Can a single payments infrastructure layer abstract all of Latin America's fragmented local payment methods — Boleto, Pix, OXXO, PSE, and others — into one API for global merchants?”
Founded2012
HQCuritiba, Paraná, Brazil
FoundersJoão Del Valle, Alphonse Voigt, Wagner Ruiz
Latest roundGrowth equity / FTV Capital, 2021
Valuation$1B+ (unicorn status, 2021)
IndustryFintech / Cross-border payments
The story
Founded in 2012 as a pure local-payment-method aggregator enabling global merchants (Netflix, Spotify, AliExpress) to accept Boleto Bancário and Pix in Brazil. Expanded regionally across 15+ LatAm markets and broadened from payin-only to full payin/payout infrastructure. Achieved unicorn status in 2021 but underwent a restructuring in 2022–2023, refocusing on its core B2B payments infrastructure proposition and shedding non-core consumer fintech ambitions. Today EBANX positions as the operating layer between global digital commerce and LatAm consumers.
Product timeline
2012
EBANX founded in Curitiba, Brazil, as a payment platform enabling global merchants to accept local Latin American payment methods.· pivot
2017
Expanded beyond Brazil into Mexico, Argentina, Colombia, Chile, and Peru.· banking
2021
Achieved unicorn status following FTV Capital growth equity investment; launched EBANX Pay for payout capabilities.· banking
2022
Launched EBANX Business, expanding into B2B payouts and treasury solutions for merchants operating in LatAm.· banking
2023
Restructured operations amid macroeconomic headwinds; refocused on core payment-in and payment-out (payin/payout) infrastructure for global merchants selling into LatAm.· pivot
The stack
Payments / PSP
Accounting gap: none