The Brazilian-founded payments giant EBANX is planting its APAC flag in Singapore — now home to its Chief Product Officer and 25 senior specialists, as it rides a wave of record growth across Africa, Latin America, and Asia.
EBANX is opening an Asia-Pacific Headquarters in Singapore on March 24, 2026 — a landmark move for the emerging-markets payments platform that capped 2025 with a record 48% surge in Total Payment Volume (TPV), the strongest annual growth in its 13-year history. The new HQ will serve as a product and regulatory nerve centre for more than 500 global e-commerce merchants operating across SaaS, streaming, gaming, and online retail.
Record 2025 Growth: The Numbers Behind the Move
EBANX’s 2025 results were exceptional across every geography it operates in. While the company’s 48% overall TPV growth headline is striking, the regional breakdown is even more telling. Africa more than tripled its TPV year-over-year. Argentina posted 100% growth, Colombia grew 87%, and even Brazil — EBANX’s most mature and saturated market already, expanded by 51% compared to 2024.
Equally significant is the shift in EBANX’s revenue composition. In 2025, 65% of the company’s gross profit came from markets outside Brazil, with 20% originating from outside Latin America entirely. For a company founded in Curitiba, Brazil in 2012, that geographic diversification marks a structural transformation.
Why Singapore? Regulation, Innovation, and Scale
Singapore has been central to EBANX’s international architecture since 2015, serving as its primary hub for funds transfer operations. In 2025, the Monetary Authority of Singapore (MAS) granted EBANX a Major Payment Institution (MPI) licence — the regulatory foundation that makes the new HQ viable for handling cross-border merchant payments at scale.
The timing aligns with a booming fintech moment for the city-state. According to KPMG data, Singapore attracted over USD 1 billion in fintech investment in just the first half of 2025, with payments accounting for 47% of total deal value. The IMF has publicly noted that MAS has struck the right balance between innovation and financial stability, making it a natural anchor for a company that straddles the regulated and frontier ends of global payments.
Eduardo de Abreu, EBANX’s Chief Product Officer, has relocated to Singapore as the newly appointed CEO of EBANX Singapore, joining 25 senior professionals spanning engineering, technology, treasury, compliance, market development, and merchant success.
“With the inauguration of the new Headquarters, we are strengthening our presence in one of the world’s leading hubs for innovation and technology,” said Abreu.
A 13-Year Journey From Brazil to Global Emerging Markets
EBANX was founded in Brazil in 2012 with a single goal: make it easier for global digital merchants to accept local payments in markets traditionally underserved by international payment networks. The company began international expansion in 2015, and now operates in more than 20 emerging markets across Latin America, Africa, and Asia, including India and the Philippines, where it established dedicated teams in recent years. Its largest office outside Brazil has been in Shanghai, China, since 2019.
“EBANX was already strong in Brazil in the first three years, but we saw similar challenges across other markets, so we knew we had to expand,” said João Del Valle, CEO and Co-founder of EBANX.
South-South Trade: The Strategic Bet Powering EBANX’s Next Phase
EBANX’s Singapore HQ is not simply about serving APAC merchants locally, but about connecting them to the fastest-growing consumer markets in Latin America and Africa. As geopolitical shifts push companies to reduce dependency on U.S. and European-centric supply chains, APAC merchants are increasingly looking south, and EBANX is positioning itself as the payments infrastructure that makes those corridors work.
“We are seeing a strong expansion movement of APAC merchants into emerging markets, especially in Latin America and Africa. In the current global landscape, companies are searching for new growth opportunities, strengthening South-South ties and building diversified and resilient global partnerships,” said Del Valle.
With a record year behind it, regulatory credentials now in place, and a newly staffed HQ in one of the world’s premier fintech capitals, EBANX’s Singapore opening signals a company might be ready to move from emerging-markets specialist to truly global payments infrastructure.
