EBANX Raises $30M From FTV Capital for Latin American Payments
EBANX, a Brazil-based cross-border payments fintech, raised $30 million from FTV Capital to scale its payment processing infrastructure across Latin America. The company enables international merchants to accept a wide range of local payment methods in the region, serving as critical payment infrastructure for global businesses entering LATAM markets. The funding will be used to expand into new markets including Ecuador and Uruguay, as well as to deepen integrations with partners like Google Pay.
EBANX functions as a payments-as-a-service provider, embedding local payment capabilities for global platforms that lack direct access to Latin American payment rails. The investment reflects growing demand for embedded cross-border payment solutions in emerging markets. No valuation was disclosed.
- Cross-border payments-as-a-service gaining traction in underserved LATAM markets
- Global merchants increasingly relying on embedded local payment infrastructure to enter emerging markets