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Top related persons:
Paula Bellizia - 2 Andre Romani - 1 Peter Frontini - 1 Tomasz Janowski - 1 Ebanx - 1 Matthew Lewis - 1
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India Africa America MEXICO Latin America NuPay Mexico
Top related orgs:
Thomson - 2 SAO PAULO - 1 Uber - 1 MEXICO CITY - 1 Nubank - 1 Carolina - 1

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2 mentions found


☆ Brazil's Ebanx expands into India in Asian market debut
  + stars: | 2023-09-18 | by ( ) www.reuters.com   time to read: +1 min
SAO PAULO, Sept 18 (Reuters) - Brazilian financial technology company Ebanx is expanding its operations to India, marking its entry into the Asian market, the firm said on Monday. The move is part of the firm's global expansion strategy in developing countries and comes shortly after it announced its expansion to three nations in Africa last month, the first outside Latin America. Ebanx will enable global merchants to offer customers in India the most popular local payment methods, starting with the local payment system Unified Payments Interface (UPI) and cards, it said. "As the Indian market warmly embraces digital payments and digital commerce continues its rapid growth, we see great opportunities for businesses and meaningful partnerships being fostered," said Paula Bellizia, the firm's president of global payments. In Latin America, Ebanx processes payments for companies such as Airbnb, Spotify and Uber.
Persons: Paula Bellizia, Andre Romani, Peter Frontini, Tomasz Janowski Organizations: SAO PAULO, Uber, Thomson Locations: India, Africa, America
☆ Brazil's Ebanx partners with Nubank to offer payment service to customers
  + stars: | 2023-07-11 | by ( Carolina Pulice | ) www.reuters.com   time to read: +1 min
MEXICO CITY, July 11 (Reuters) - Brazilian financial technology company Ebanx said on Tuesday it has signed a deal to partner with digital bank Nubank to offer more payment services for customers as it tries to consolidate and expand operations in Latin America. Ebanx will now offer corporate customers the option of paying via NuPay, an alternative payment method developed by Nubank for international purchases. Alternative payment methods have helped drive the growth of e-commerce in Latin America and already account for 39% of the total digital commerce volume in the region, Ebanx said. In April last year, Ebanx announced a partnership with digital commerce platform VTEX (VTEX.N) to enable cross-border payments to Brazilian companies operating in Latin America. Ebanx also plans to kick off operations in eight African countries by the end of the year, the company said in a statement.
Persons: Ebanx, Paula Bellizia, Matthew Lewis Organizations: MEXICO CITY, Nubank, Reuters, Carolina, Thomson Locations: MEXICO, Latin America, NuPay, Mexico
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