Bernd Becker 
EBANX, a Latin American payment gateway and technology company, recently closed a major deal with Advent International. This $300 million investment will support EBANX as it continues its regional expansion. With this financial backing, the company will focus on its core mission of an inclusive global economy open to emerging markets.
Advent International’s commitment is an important milestone for EBANX, as it enables the company to have more resources to pursue its objective of unifying hundreds of millions of unbanked citizens worldwide under one digital umbrella. The investment will also provide access to expertise and aid in developing a strategy for EBANX that combines market knowledge and operational know-how.
The funds from Advent International will allow EBANX to expand coverage within existing markets and make significant inroads into untapped regions, such as Southeast Asia. Removing payment barriers throughout these areas are central components of EBANX’s mission and emphasise their goal of making life easier for people everywhere — especially those who are underserved or unable to access traditional financial services. In addition, the funding could allow for new projects or initiatives that have previously been unavailable due to lack of resources or resources that have not yet been explored until now.
EBANX Overview
EBANX, a Latin American fintech, recently announced that it has raised US$430 million from Advent International, the global private equity firm. This move follows the company’s continued growth, which uses technology to enable cross-border payments for online businesses.
This section will provide a brief overview of the company and its mission.
History
EBANX is an online payment solutions provider operating in the Latin American markets since 2012. The company was founded by Ignacio Martinez, a young entrepreneur from Argentina, who created EBANX intending to bridge the gap between Latin Americans and global commerce.
The company currently enables businesses to accept local payments such as bank transfers, boletos and credit card payments from all major banks across Brazil, Mexico and Argentina, for their products and services sold abroad.
Through their cross-border processing technology, EBANX offers global merchants easy access to these markets by providing local customers a set of payment methods that are familiar to them. This allows global companies to tap into a growing base of 290 million digital purchasers in LatAm while ensuring high acceptance rates and seamless user experiences at checkout.
In 2017, EBANX completed one of the largest fintech rounds in Latam history when they raised USD 48 million in investments from prominent funds such as Advent International and Redpoint eVentures. With this new injection of capital EBANX has focused its growth on developing more local payment methods solutions and widening its presence across the LatAm region through strategic partnerships with banks and other players in the market.
Business model
The EBANX group is an international payment and local commerce solutions provider with 12 countries and offices in Brazil, Mexico, Argentina, Colombia, Chile, Peru, Uruguay, Ecuador and the United States. EBANX offers customers the convenience of paying with their preferred Local Payment Methods (“LPMs”) regardless of location.
EBANX core business model transforms how people pay and facilitates consumers’ access to global e-commerce websites. Through its technology platform combined with local knowledge and services provided by its teams in 10 countries across Latin America, it enables global merchants and local consumers to interact – helping individuals who were previously out of reach to become a part of the broader digital economy.
To date3 EBANX is operating as an Owned & Established (OE)4 provider of payment processing solutions for leading players across several industries such as Travel & Tourism, E-commerce & Retail or Gaming where OE solution means that EBANX itself hosts entire payments infrastructure on their side including ownership of bank accounts per each country which allows them to scale up quickly while meeting local requirements regarding banking agreements & licences operations due to presence on ground within its 10 markets.
As an additional layer to this technology platform EBANX also provides Key Account Management services that significantly simplify access into emerging markets for customers looking for an established endpoint partner with regional expertise via “one-stop shop” cloud-based solutions that enables market entry into Latin America now steadily growing Digital Business segment where EBANX will use this strategic investment from Advent International to further accelerate growth by capitalising on new opportunities such as payments infrastructure buildout while at same time investing into core technologies development & expanding support team infrastructure as well as opening new locations across Latin America.
EBANX’s Investment from Advent International
EBANX, a Latin American fintech, announced a US$430 million investment from Advent International, strengthening the company’s efforts to expand further in the region.
This investment marks the largest international capital injection in a Latin American financial technology company. According to their press release, the proceeds will enable EBANX to accelerate its regional growth plans by expanding its offerings, increasing its presence, and strengthening its technological infrastructure.
Amount and terms of the investment
EBANX has announced that it has raised its third round of financing with a $320 million investment from Advent International. The proceeds from the investment will be used to drive the company’s international expansion and the digitization of payments for emerging markets. The terms of the investment are not being disclosed.
EBANX is a global payments provider based in Brazil that supports more than 8,000 international merchants in over 20 countries across Latin America, Asia, and Europe. This is the first instance of Advent investing in a Brazilian company and they expect to benefit from its exceptional growth potential in Brazil and abroad.
Advent International is one of the world’s leading private equity investors specialising in growing independent businesses into world-class companies by investing heavily in their growth potential. This investment will support EBANX’s delivery of key payment solutions to clients, digital banks, merchants and fintechs worldwide, enabling them to serve digital customers more efficiently. Furthermore, it will also enable EBANX to expand its services into new markets including Mexico and other Latin America and Asia-Pacific countries.
Strategic objectives of the investment
As part of the investment from Advent International, EBANX has defined a series of strategic objectives to enable further growth and expansion. These objectives include:
-Developing transaction capacity and providing new services in Latin America through EBANX’s state-of-the-art technology platform.
-Accelerate product and merchant growth in Brazil, Mexico, Argentina and Colombia with the support of EBANX’s extensive team across strategic locations.
-Forge strategic partnerships with international payment technology players to provide additional localised payment methods and solutions to over 35 million customers.
-Further strengthen EBANX’s role as a gateway between Latin America and foreign markets by upgrading its risk controls, anti-fraud measurements and payment solutions.
By leveraging this investment from Advent International, EBANX firmly believes it is well positioned to continue capturing the growing digital payments market throughout Latin America far into the future.
EBANX announces US$430 million investment from Advent International
EBANX is thrilled to announce that it received a US$430 million investment from Advent International, a global private equity firm. This new infusion of capital will enable EBANX to further accelerate its growth and expand into new markets.
This article will examine how EBANX plans to use this investment to its benefit.
Expansion of operations
EBANX is planning to use the investment from Advent International to expand its operations across Latin America and globally. The funds will be allocated toward diversifying EBANX’s products and services, deepening its partnerships, and strengthening its impact in the region.
EBANX proves payment solutions enabling individuals and companies to shop locally or abroad on websites worldwide. With this capital injection, the company plans to launch new services such as bank transfers, customised cards, credit programs, digital wallets and micro-credits for unbanked populations.
In addition to this, the funds will be used for expanding EBANX’s regional reach more deeply into established markets like Brazil, Mexico and Argentina while at the same time investing in new territories like Peru, Colombia and Chile. Global expansion also remains a priority with plans to increase EBANX’s presence in Europe and Asia and new markets like Africa.
The investment from Advent International reinforces EBANX’s goal of becoming the go-to online payments provider for Latin Americans worldwide by offering seamless experiences across physical stores, local websites and international ecommerce staples. In addition, this money will allow EBANX to grow their team with marketing experts to increase exposure across Latin America – strengthening their presence in an increasingly competitive payments space.
Investment in technology
EBANX will use a portion of the investment from Advent International to further develop its fully integrated payment platform, delivering faster and safer for itself and its customers and merchants. In addition, the investment will be used to strengthen EBANX’s capability in digital technologies to improve the overall experience of its clients.
Specifically, EBANX will roll out local payment methods across Latin America, with plans to continue expanding worldwide. This includes extending EBANX’s payment platform across all types of payments or introducing new options, making it easier for merchants to accept payments worldwide.
In addition, EBANX is investing heavily in data security and fraud prevention tools so merchants can confidently use their services. With this investment behaviour providers such as Worldpay and Visa are being adopted quickly throughout Latin America to help clients provide a secure shopping experience online and offline without compromising payment speed or convenience.
Investment in talent
To sustain and accelerate its explosive growth, EBANX will use part of the investment from Advent International to invest in talent. Through this initiative, the company intends to bring together a team of highly experienced professionals who can help take the business to a new level. In addition, EBANX expects to employ individuals from diverse backgrounds and cultures who have an appetite for risk-taking and pushing boundaries to create innovative solutions for their customers.
Additionally, EBANX plans to invest in leadership development programs to enable its young leaders to grow into resilient and inspiring executives. By doing so, EBANX hopes to nurture and develop a global workforce that is creative, agile, sustainable and successful.
Moreover, with this financial injection from Advent International, EBANX aims to create valuable partnerships with investors they can trust as stakeholders in their mission of reshaping merchant payments worldwide – identifying opportunities that provide long-term value not only for their business but also for society as a whole.
