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EBANX launches Singapore HQ, challenges APAC rivals

Global technology company EBANX is set to inaugurate its Asia-Pacific headquarters in Singapore on 24 March, enhancing its footprint in the region. The new HQ will serve as a payments product and regulatory centre, supporting over 100 enterprise merchants, including AliExpress and Canva, in their expansion into emerging markets. EBANX forecasts a 30% growth in Total Payment Volume (TPV) for APAC merchants in 2026, driven by increased consumer and business purchases across more than 20 emerging markets.

In 2025, 36% of EBANX’s TPV was attributed to APAC companies. The company, founded in Brazil, has been expanding its presence in Asia, maintaining its largest office outside Brazil in Shanghai since 2019 and establishing a dedicated team in India in 2024. EBANX also obtained a Major Payment Institution licence from the Monetary Authority of Singapore last year.

João Del Valle, CEO and co-founder of EBANX, highlighted the company’s commitment to strengthening South-South ties and building resilient global partnerships. “We keep seeing a strong expansion movement of APAC merchants into emerging markets, especially in Latin America and Africa,” he said.

The Singapore HQ will house 25 professionals, including senior leaders in engineering, technology, and compliance. Eduardo de Abreu, EBANX’s Chief Product Officer, was recently appointed CEO of EBANX Singapore and will lead the new centre. The headquarters aims to drive global market expansion, supporting North American and European companies in reaching fast-growing economies like India and the Philippines.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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