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Ebanx Expands Payment Services Across Southeast Asia

Brazilian fintech Ebanx is launching operations in Thailand, Indonesia, and Turkey to strengthen its presence outside Latin America. The company plans further expansion into Malaysia and Vietnam later this year as it eyes a potential US IPO.

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Brazilian payments specialist Ebanx is significantly broadening its international reach with a strategic push into Southeast Asia, marking a major milestone in its diversification beyond Latin America. The company, which facilitates payment solutions for major global entities like UBER TECHNOLOGIES INC and Shein, has announced an immediate expansion into Thailand, Indonesia, and Turkey. This growth trajectory is set to continue with entries into Malaysia and Vietnam scheduled for the upcoming quarter.

An EBANX display is shown at the Money 20/20 conference in Las Vegas, Nevada, highlighting the company's presence as a payment processor for South and Central America. REUTERS/Steve Marcus
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