Brazilian payments company EBANX plans to expand outside Latin America to Africa, focusing on South Africa, Kenya, and Nigeria.
32% of Africa’s population, 51% of its GDP, and 73% of startup accelerators are in these three countries.
EBANX operates in 15 Latin American countries. It’s Pipefy’s African payments partner. EBANX previously announced it received $400 million from Advent International and $30 million for its US IPO.
“This is the moment for Africa, and it’s quite reminiscent of the Latin American landscape back in 2012 when EBANX first began its journey by providing global merchants access to sell more goods and digital services via the internet to Latin Americans through local payment methods,”
“Expanding our solutions to African countries speaks directly to EBANX’s mission of creating access, and having Pipefy as a merchant makes this moment even more special to us, expanding solutions and services throughout regions full of opportunities,” said Paula Bellizia, President of Global Payments at EBANX.
Source Link Brazil’s EBANX will expand to South Africa
