EBANX raises $30 mln [Reuters]
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Source: Reuters
EBANX raises $30 mln - PE Hub US Edition (daily) Canada Edition (weekly) I accept the Terms and Conditions EBANX said Jan. 31 that it raised a $30 million investment from FTV Capital. Endeavor Catalyst Fund also participated. EBANX, of Curitiba, Brazil, is a payments processor. PRESS RELEASE CURITIBA, BRAZIL and SAN FRANCISCO — January 31, 2018 — EBANX, a company headquartered in Brazil that offers Latin American local payment methods to international merchants, enabling them to sell their products and services to Latin America, today announced that it has raised a $30 million investment from FTV Capital, with participation from Endeavor Catalyst Fund. Last year, EBANX processed $1.2 billion in cross-border transactions and achieved the milestone of helping over 30 million users from the region gain full access to major international e-commerce merchants. The company experienced an 80% average annual growth rate in all verticals served over the last three years and will co
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